leasing company

Rents assets out

A leasing company owns assets—vehicles, equipment, real estate—and rents them to businesses or individuals for a fee.

Rather than buying outright, customers make regular payments for use of the asset over a set term.

The leasing company owns the fleet; we just pay monthly for the trucks.

At lease end, the asset typically returns to the leasing company or can be purchased.

Related

landlord · equipment · financing · monthly · monthly payments · payments · cars · trucks · terms · credit · credit score · commercial · assets · property · depreciation · tax write-off · agreement · office

Categories
Opposites
ownership transfer model

leasing companyvendor

One who sells goods

wholesaler · seller · retailer · dealer · car dealership

transaction direction

leasing companylessee

One who rents property

tenant · renter · leaseholder · charterer · borrower

asset provision vs. asset disposal

leasing companysalvage company

Business recovering wrecked property

scrap dealer · auction house · junkyard

Family

lease, leases, leased, leasing, lessee, lessor, company, companies, companion

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G