What is leasing?

Leasing is a financial instrument that allows legal entities and individual entrepreneurs to acquire motor vehicles, special-purpose equipment and equipment without significant diversion of working capital. Land plots, military equipment, cultural monuments, natural objects, food products, construction materials, and other consumable items cannot be taken on leasing financial rent. 

Leasing for legal entities is divided into three types:

• In financial leasing, the agreement is concluded for a period equal to the useful life of the property.
• In operating leasing, the agreement term is shorter than the useful life of the asset. At the end of the agreement, the lessee may purchase the property or leave it to the lessor.
• In sale-and-leaseback leasing, the client sells its property to the lessor and then continues to use it as a tenant.