bsc monthly magazine

bsc monthly magazine


bsc monthly magazine  <b>Finance Lease</b> With finance lease, one can get up to 100% finance for the acquisition of plant equipment required in a business. Here, the ownership of the goods remains with the finance company which rents the goods  to the hirer over a predetermined period. Initially, the hirer needs to pay the documentation fee and an initial payment of a multiple of rentals. banking chronicle magazine The remaining cost of the asset is paid back over the agreed time period   <b>Operating Lease</b>Here an agreement is made to rent the asset for business purposes for a predetermined period. At the expiry of the agreed lease,  the asset is either returned to the financier or an offer to purchase it for a mutually agreed price is made. One major line of difference between an operating lease and a finance lease is that the primary rental period for an operating lease does not cover all the capital costs and the hire charges bsc publication


bsc monthly magazine

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