About leasing

Leasing is a modern form of financing, which offers more advantages in comparison with bank loans. Leasing is the fastest way to acquire the necessary equipment without you invest big money at once, you need to purchase it.

Leasing is a contractual agreement whereby one party called the Lessor, owner of an asset providing the right to use that asset to the second part, called the lessee, at a fixed time and in a specific schedule of payments.
 

The main forms of leasing are two:

I. Financial leasing

• In financial leasing the owner of the assets is lessor, and as collateral for the transaction serves the relevant asset.
• In substantially all risks and benefits dictated by the ownership is transferred to the lessee.
• The term of the lease lessee uses the device, and the financial risk is borne by the lessor.
• Leasing property is insured for the period of the lease.
• At the end of the contract after payment of all lease payments the customer is automatically the owner of the asset.

II. Operative leasing

• Leasing means actually letting of the asset under lease.
• As with the finance lease is the owner of the device lessor.
• The lessee shall pay the periodic rental payments for use of the property.
• The renter is obliged to comply with certain requirements for operation of the asset.
• The lessee remains the owner of the property because at the end of the contract asset returns to the lessor who is renting.