Question

What is meant by lease financing? Explain the merits of it?

Answer 1

Explanation:

Lease financing is one of the important sources of medium- and long-term financing where the owner of an asset gives another person, the right to use that asset against periodical payments. The owner of the asset is known as lessor and the user is called lessee.

Answer 2

I think the above mate..... has explained it.......