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› What
is a Lease?
What is a Lease?
Lēase (lēs), n. [origin French. lais, lays, lees, a thing left by
will, a lease, from laisir, to let go, to lease]
1. A contract by which one party (lessor)
gives to another (lessee) the use and possession of equipment for a
specified time and for fixed payments.
2. The document in which this contract is
written.
3. A great way companies can conserve capital.
4. An easy way vendors can increase sales!
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Leasing Education Center:
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What is a lease
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Advantages of leasing
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Assets that can be leased
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Common lease types
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Financing options
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Leases vs. bank loans
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Glossary of terms
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Leasing industry links
EFSI Quick
Links:
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Get a leasing application
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Our leasing
process
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EFSI lease rates
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How to become an EFSI vendor
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