An independent leasing company supplies ___________ leases versus the manufacturer who supplies ________________ leases.

Question

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An independent leasing company typically offers direct leases to its customers, while a manufacturer usually offers sales-type leases. Direct leases involve the lessor (the leasing company) owning the leased property, while the lessee (the customer) simply has the right to use it. Sales-type leases, on the other hand, are essentially a sale of the leased property with financing provided by the lessor, typically the manufacturer.

An Independent Leasing Company Supplies ___________ Leases Versus the Manufacturer