Series 22: 3.2.1. Types Of Equipment Leasing Programs

Taken from our Series 22 Top-off Online Guide

3.2.1.  Types of Equipment Leasing Programs

Equipment leasing programs come in two basic types: the operating lease and the finance lease. In both types, the person that holds the equipment being leased (lessee) makes monthly payments to the person that has granted the lease (lessor) throughout the lease’s term.

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