assetfinancebroker's Closet

See this at: assetfinancebroker.c...| Added on 07/04/08

If you pay for an asset using cash it can cause a reduction in your working capital. An alternative method could be to use Asset Finance leasing; this enables you to use an asset without making a substantial capital expense. If you lease an asset... See more

If you pay for an asset using cash it can cause a reduction in your working capital. An alternative method could be to use Asset Finance leasing; this enables you to use an asset without making a substantial capital expense. If you lease an asset then you pay the lessor, who continues to own it, regular payments for the term of the contract. You can lease a wide range of equipment for use in many different sectors of the economy. There are some industries Where leasing is quite common; these include transport, manufacturing and construction. Equipment leasing agreements are made to be flexible, they can often be adapted to meet the specific needs of your company. * Direct leasing – When using this form of leasing you locate the asset you wish to obtain and give the details to a leasing company. They can buy the asset from the supplier or the previous owner and rent it out to your company. * Sale and leaseback – This type can also be referred to as purchase leaseback. With this method... See less