Leasing credit criteria are very similar to the criteria used by commercial banks for equipment loans.

Question

Quizplus · Accepted Answer

Leasing companies typically use similar credit criteria as commercial banks, including evaluating the lessee's creditworthiness, financial history, and ability to make payments on the lease. However, there may be some differences in the specific criteria used and the weight given to different factors.

Leasing Credit Criteria Are Very Similar to the Criteria Used