When a finance company purchases assets with its own funds and leases them to a lessee for a negotiated long-term period this is called a/an:

Name: When a finance company purchases assets with its own funds and leases them to a lessee for a negotiated long-term period this is called a/an:
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A direct lease involves a finance company purchasing assets with its own funds and then leasing those assets to a lessee for a negotiated period, typically long-term.

When a Finance Company Purchases Assets with Its Own Funds