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HomeLeasing Education CenterWhat 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!

    Leasing Education Center:

What is a lease

Advantages of leasing

Assets that can be leased

Common lease types

Financing options

Leases vs. bank loans

Glossary of terms

Leasing industry links

 


    EFSI Quick Links:

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Our leasing process

EFSI lease rates

How to become an EFSI vendor
 

 

 
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