According to Wikipedia, Leasing is a process by which a business can obtain the use of a certain fixed asset (vehicle, equipment or any other asset) for which it must pay a series of contractual, periodic, tax deductible payments.
The Business is the receiver of the services or the assets under the lease contract and the company holding the contract (known as the lessor) is the owner of the assets. The relationship between the lessor and the lessee can be for a fixed or an indefinite period of time (called the term of the lease).
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Recent Blog Posts
Oct 15, 2015 Capital Lease Group is a Proud Sponsor of the 2015 BAMSI Family Fun Day & Awareness Walk
Capital Lease Group is proud to be a sponsor of the 2015 BAMSI Family Fun Day & Awareness Walk. Here are the details: Sunday, October…