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Essay Details:
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Essay text:
In other words, equipment, transport and machinery. The advantage of this method to Vinogradova is that the equipment would become available immediately with a small first payment. Leasing is a form of renting while lease purchase is a form of renting and buying at the same time. At the end of a lease purchase, the lessee (the company) owns the equipment. At the end of a leasing agreement the lessor (the bank) still owns it, though it may be sold to the lessee for a small sum.
Long-term finance
This can be provided by the bank and should be considered if the management wish to propose major expansion...
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