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

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

Sale-and-Leaseback

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