What Is Equipment Leasing?
Equipment leasing is a lease with which the lessor enters into a longer term in order to lease equipment that he or she has selected from the manufacturer or seller. In the equipment leasing behavior, it is generally stipulated that for a certain period of time (at least one year or more), the right to use the equipment is leased to the lessee on the premise that the lessor has the legal ownership of the leased equipment and the rent is charged. The lessee has the economic right to use the leased equipment, that is, it has the right to possess and use the leased equipment normally within a specified period of time (usually called the lease period), but must pay the rent on schedule. Equipment leasing is a form of movement of borrowing capital in the form of commodity capital, with the duality of commodity credit and capital credit. The lessor provides credit facilities to the lessee by renting equipment and goods. The lessor directly borrows the equipment and goods and obtains the right to use the goods. In essence, it obtains a capital credit. [1]
Equipment Leasing
- Equipment leasing is a lease with which the lessor enters into a longer term in order to lease equipment that he or she has selected from the manufacturer or seller. In the equipment leasing behavior, it is generally stipulated that for a certain period of time (at least one year or more), the right to use the equipment is leased to the lessee on the premise that the lessor has the legal ownership of the leased equipment and the rent is charged. The lessee has the economic right to use the leased equipment, that is, it has the right to possess and use the leased equipment normally within a specified period of time (usually called the lease period), but must pay the rent on schedule. Equipment leasing is a form of movement of borrowing capital in the form of commodity capital, with the duality of commodity credit and capital credit. The lessor provides credit facilities to the lessee by renting equipment and goods. The lessor directly borrows the equipment and goods and obtains the right to use the goods. In essence, it obtains a capital credit. [1]
- 1. Benefits of equipment lease to tenants
- (1) Reduce
- Financial leasing services
- Equipment rental services. It mainly includes equipment financing and equipment leasing services in various industries such as medical, education, transportation, textiles, printing and packaging, construction, industrial engineering, and electronic information. The business covers the Yangtze River Delta.