|
What about leasing?
Leasing, also called leasing is a formula of credit consisting in giving in hiring with commitment to sell a personal property or real. At the end of the duration of hiring, the tenant can either repurchase this good at a price agreed d´avance and fixed by the hire purchase contract, or to continue to rent it, or to put an end to the contract. For the private individuals one speaks more especially about hiring with buying option . |