|
What is
Leasing?
Leasing defined
A lease is a contractual arrangement in which a leasing company (lessor) gives a
customer (lessee) the right to use its equipment for a specified length of time
(lease term) and specified payment (usually monthly). Depending on the lease
structure, at the end of the lease term the customer can either purchase,
return, or continue to lease the equipment.
Leasing works for any type
of business
Every imaginable type of organization leases throughout the world including
proprietorships, partnerships, corporations, government agencies, religious and
non-profit organizations. Over 80% of American businesses lease at least one of
their equipment acquisitions and nearly 90% say they would choose to lease
again.
Practically limitless
possibilities
You can lease anything associated with the operations of your business
(including all types of capital equipment, hardware, software, and soft costs
such as installation and consultation
| 
