Results for tag: "Leaseback"

Leaseback is a type of leasing agreement in which a company leases an asset from another company, then leases it back to the original owner. This type of agreement is often used to free up capital for the original owner, allowing them to use the asset while still retaining ownership. The asset is usually leased for a fixed period of time, with the lessee paying a fixed amount of rent. The lessee is also responsible for the maintenance and upkeep of the asset. Leaseback agreements are often used in the real estate market, where a company may lease a property from another company, then lease it back to the original owner. This type of agreement can also be used in the automotive industry, where a company may lease a vehicle from another company, then lease it back to the original owner. Leaseback agreements can be beneficial for both parties, as they allow the original owner to free up capital while still retaining ownership of the asset. Some companies in the leaseback market include Enterprise Rent-A-Car, Avis Budget Group, Hertz Global Holdings, and Ryder System. Show Less Read more