Services
What will AGI do for Financial leasing (except motor vehicles)?
Leases (except for motor vehicles) in which the lessor is providing a financial service to enable the lessee to enjoy the benefits of ownership of the leased asset. A lessee has the option of purchasing the machinery and equipment after the lease term has been completed, at an agreed price. With a finance lease the equipment appears on the lessee's balance sheet, as it is viewed as a purchase.