|
Lease Financing FAQs
Frequently asked questions
Hopefully, most of your questions will have been answered
in the buying guide, but if not, here are a few more common
questions that are often asked about lease financing:
What kind of equipment can be leased?
You can lease almost anything, from equipment valued at a
few thousand pounds to assets worth millions.
What is the lease rate or payment?
It is the regular "rental" payment you make under the lease
agreement to gain access to the asset. The lease rate or payment
is primarily determined by the total cost of the asset, the
duration of the lease and the interest rate level.
What is the lease term?
The period of time you agree to rent the asset from the lessor.
|