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Direct leaseA direct lease is a type of financing, usually for equipment. The lessor buys the property or equipment from the manufacturer and then leases it to another party (the lessee) at a profit. Â
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Direct leaseContract in which a lessor purchases new equipment from the manufacturer and leases it to the lessee.
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Direct leaseDefinition A contractual financing arrangement in which the lessor, typically a bank, purchases the property directly from the manufacturer and leases that property to the lessee.
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Direct leaseA business identifies the asset, negotiates the price and arranges for the lessor to buy goods from the manufacturer and lease it to the business.
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Direct leaseA lease in which the lessor purchases new equipment from the manufacturer and leases it to the lessee.
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Direct leaseContract in which a lessor purchases new equipment from the manufacturer and leases it to the lessee.
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