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Financial leasing is a form of corporate finance that allows businesses to acquire assets without having to purchase them outright. It involves a lessor, who owns the asset, and a lessee, who pays the lessor for the right to use the asset. The lessee makes periodic payments to the lessor over the term of the lease, and at the end of the lease, the lessee may have the option to purchase the asset. Financial leasing is often used to acquire assets such as vehicles, equipment, and real estate.
The financial leasing market is highly competitive, with a variety of players offering different terms and conditions. The market is also subject to changing economic conditions, as well as the availability of financing. As such, it is important for businesses to carefully consider their options when selecting a financial leasing provider.
Some of the major players in the financial leasing market include GE Capital, CIT Group, Bank of America, and Wells Fargo. Show Less Read more