EQUIPMENT LEASING

WE MAKE LEASING POSSIBLE

Equipment Leasing?

Know More about Equipment Leasing

Equipment leasing is a contractual agreement between an equipment owner “the lessor” and a user of the asset a “lessee” whereby the lessee remits to the lessor a periodic rental fee as compensation for the usage of the equipment. 


LECON Financial Services Limited has emerged as the major non-bank financial institution solely engaged in lease financing of assets.

Types of Lease

There are two major types of leases;

(1) Finance Lease

(2) Operating Lease

Other types of leases are hybrids of operating and
finance leases.