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You are in: Home > Services > Sale-and-Leaseback Sale-and-Leaseback (also called Purchase Leaseback)You sell an asset you already own to the leasing company for fair market value or book written down value (whichever is less) and then lease it back. In both cases, the lessor owns the asset, not you, and rents it to you. As with any other rental agreement, you return the asset at the end of the lease to the lessor. Some leases grant you an end-of-lease option to renew the lease at a minimal cost (secondary period) or to sell the asset to a third party as agent of the lessor. For further assistance please contact A & J BUSINESS FINANCE LIMITED Go back to Business Finance Services page » |