The term “leasing” is derived from the English word “to lease”, which means “rent out”. Leasing is one of the types of financial services where various funds are purchased through loans. That is, in other words, it is a long-term financial lease.
In the case when it is very difficult to get a loan from banks and other credit organizations, and there is no opportunity to attract investments from foreign entrepreneurs in your business, leasing is the best solution for the development of many Russian enterprises. Continue reading