Discuss the different types of lease financing and their
characteristics that are available to firms.
90.2K
Verified Solution
Link Copied!
Question
Finance
Discuss the different types of lease financing and theircharacteristics that are available to firms.
Answer & Explanation
Solved by verified expert
4.1 Ratings (618 Votes)
What is lease financing lease financing is one of important source of medium and long term finance where the owner of an asset gives another person the right to use asset against periodical payments The owner of asset is known as lessor and user is lessee Different types of lease are 1 FINANCE LEASE Finance leasing is contract involving payment over a longer period It is a long term lease and lessee will be paying much more than the cost ofthe property to lessor in form of lease chargesIt is irrevocable and not able to reverseIn
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
