Series 22: Sale-Leaseback

Taken from our Series 22 Top-off Online Guide

Sale-Leaseback

A sale-leaseback is a transaction in which a company sells equipment it owns to an equipment lease program or finance company and then leases it back from that program. It is a way for a company to receive cash to pay down debt or expand its business. If the sale of equipment is made to a subsidiary of the company, it is called a synthetic lease.

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