The Leasing Experience with BPI Tokyo Century

Understanding a Lease

A transaction in which an owner of an asset (Lessor) grants the use of the asset to another party (Lessee) for a fee paid over an agreed period of time.

Key differences from Loans:

  • Lessor retains ownership of the asset over the term
  • No chattel mortgage
  • No collateral needed

Modes of Leasing

Direct Lease

Direct Lease

Lessor purchases the asset to Supplier/Dealer and lease it to Lessee.

Lease Back

Sale-and-Leaseback

Lessee sells the asset to Lessor and Lessee leases the asset to the Lessor.