Leasing and Hire Purchase: Procuring Assets at Lease of Finance
Given the current financial stress and rising uncertainty, businesses are preferring the lease or hire purchase options to save capital investments. Leasing provides the users of capital equipment a way to acquire assets, keeping their businesses asset-light. Leasing could well turn out to be the financial instrument that the world needs now. Its ability to convert capital expenditures into revenue expenditure is perfect for fit for the current environment.
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