Van leasing is a common and popular option among business owners. Varied finance methods are available for those who are interested for leasing a van. Finance lease is a particular type that is rapidly gaining popularity among the business owners scouting for a van to lease.
What in the World Is a Finance Lease?
The finance lease is used as a payment mode for businesses to pay for assets such as vehicles. The business is able to acquire vehicles and use it for the period of the lease. This commercial agreement is characterized by the following:
• The business or customer, the lessee in legal terms, gets to pick a vehicle of his choice.
• The leasing company goes out and buys that particular vehicle for the lease.
• The business looks after and assumes responsibility for maintaining the vehicle.
• The business or the lessee is bound to pay … Read More