EQUIPMENT LEASING
WE MAKE LEASING POSSIBLE
Equipment Leasing?
Know More about Equipment Leasing
Equipment leasing is a contractual agreement between an equipment owner “the lessor” and a user of the asset a “lessee” whereby the lessee remits to the lessor a periodic rental fee as compensation for the usage of the equipment.
LECON Finance Company Limited has emerged as the major non-bank financial institution solely engaged in lease financing of assets.
Types of Lease
There are two major types of leases;
(1) Finance Lease
(2) Operating Lease
Other types of leases are hybrids of operating and
finance leases.