Advantages or benefits of Leasing to lessee Lease financing gives the following advantages to the lessee. 1. 100 percent financing Lease agreement finances assets which require huge investment.
Clauses in or contents of a lease agreement There is no standardized lease agreement. The contents differ from case to case. A typical lease agreement contains the following
Lessor and lessee enjoys various benefits under leasing agreement in India such as Income tax benefits, sales tax benefits, modernization through lease finance etc. Benefits to lessor and
There are various types of leases like financial lease, operating, leveraged and non-leveraged, conveyance type, Import, International lease etc. Types of leases: 1. Financial Lease Financial leasing is
Differences between Hire Purchase and Leasing There are a number of differences between hire purchase and leasing. They are given below 1. Transfer of ownership In Hire purchase,