lease finance

Lease financing is a method of acquiring assets, such as equipment or vehicles, through renting rather than purchasing outright. A leasing company owns the asset and allows a business or individual to use it for a specified period by paying regular lease payments. This arrangement provides the benefits of using the asset without the large upfront cost, often including options to renew, buy, or return the asset at the end of the lease term. It’s a flexible financing solution that helps conserve cash flow and manage budgeting for expensive items.