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The Concept of Lease Financing
Nichol: Lease or renting is almost an interchangeable word. The finance provided through the landlord to purchase this asset and then provided on lease is called leases financing. At grip we call these transactions micro leasing transactions, because they can last from anywhere between ten minutes to one hour to a month to a year. Ight undther micro leasing transactions in our economy, everything is getting microlese.