
Leasing
Leasing is a financial arrangement where you pay to use an asset, like a car or equipment, for a set period without owning it outright. Instead of buying, you make regular payments called lease payments. At the end of the lease term, you typically have the option to buy, renew, or return the asset. Leasing can help manage cash flow, reduce upfront costs, and give access to newer models or equipment. It's common in automotive and business sectors, offering flexibility without the long-term commitment of ownership.