UNDERSTANDING KEY ISSUES IN LEASE CREDIT ASSESSMENT
As a lessor (the owner of the asset), leasing business can be sourced through the following are the ways: By direct marketing of the Lessor’s services; the Lessor can approach a potential Lessee (the customer that needs the asset) for business; The Lessee initiating the approach to a Lessor for lease facility; Through sales-aid leasing whereby the supplier of equipment makes initial enquiries, and Through financial intermediaries e.g. brokers, consultants acting on behalf of either the Lessor (owner of…