Leasing Write For Us

Leasing is a contract in which one party (the lessor) agrees to let another party (the lessee) use an asset for a specified period of time in return for periodic payments (rent). The asset can be anything from a car to a piece of equipment to a building.

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There Are Two Main Types Of Leases:

Operating lease: This type of lease is typically for a shorter period of time, such as three to five years. The lessee does not have the choice to purchase the advantage at the end of the lease.

Financial lease: This type of lease is typically for a longer period of time, such as seven to ten years. The lessee has the option to acquisition the asset at the end of the lease.

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