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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;
Other types of leases are hybrids of operating and finance leases.

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