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Lessee, Lessor, & Lease

Know more on Leasing...

Who is a lessee?
In a financial contract, the lessee is the person to whom something is rented or loaned. If you are seeking for finance or renting a car from a business, then you are the lessee. Lessee can be considered a synonym of tenant or renter.

Who is a lessor?
A lessor is the party who rents property to another party. If we think of a lessee as a tenant or renter, the lessor is the landlord or owner.

What is a Lease?
A lease is an extended rental agreement under which the owner of the equipment allows the user to operate or otherwise make use of the equipment in exchange for periodic lease payments. In leasing terminology, the owner is the lessor, the user is the lessee. Equipment leasing is a popular option for companies of all sizes. Equipment leasing is particularly favored by many small businesses, which often have fewer options because of limited capital.

So why lease?
Operating leases permit businesses to obtain equipment with virtually no upfront capital outlay and with the lease payments treated as a deductible cost of business. For most small businesses, therefore, the principal motive for leasing is cash flow; the ability to get equipment now without a major expenditure of cash.

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Why Choose Us

Other sources of financing often move too slowly to be effective, taking many days to provide an answer after reviewing a lease request. We understand you and your business cannot afford to wait too long. You require simple and efficient financing which is why we strive to approve your request with unparalleled speed.

We will work with you to find a plan that suits your needs and facilitate an equipment acquisition from the vendor of your choice. Our applications only require a limited amount of information and approvals are delivered quickly. You are our priority and our team is always available to help you.

Our experienced teams are experts in their field and depend on lasting relationships – they are invested in understanding your business.

We offer the flexibility and service that only a privately owned leasing company can deliver. M.I.S.S will look at almost all ranges of equipment acquisitions including used assets, private sale transactions, and sale-leaseback.  We are experts at structure transactions to match your businesses’ cash flow.

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Years of working together
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Equipment Leases
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Happy customers