
Leasing (2017 Update)
Leasing A host of innovations characterizes the modern market economy. This includes new forms of business, new forms of business practices and organizations. In addition to franchising, factoring, forfeiting, leasing too is a market innovation. The company or entrepreneur must possess certain means to making a profit. It is enough to dispose of the right to use the asset over time. What Leasing Means Leasing arrangements enables easier, faster and cheaper ways of getting the equipment. This helps particularly in terms of the lack of own capital, lack of favorable bank loans, non-functioning of the rule of law, as well as due to tax incentives. Users of these lease arrangements provide financing for the purchase of the right of use of the leased object. This right lasts to the expiration…