The Leasing market is a sector of the financial services industry that provides businesses with access to capital equipment and other assets. Leasing companies provide businesses with the ability to acquire assets without having to purchase them outright. This allows businesses to conserve their capital and use it for other purposes.
Leasing companies typically provide a variety of services, such as financing, asset management, and maintenance. They also provide businesses with the ability to upgrade or replace assets as needed. Leasing companies typically charge a fee for their services, which is usually based on the value of the asset being leased.
Some of the major players in the Leasing market include GE Capital, CIT Group, and Bank of America. Other companies in the market include Wells Fargo, U.S. Bank, and PNC Financial Services. Show Less Read more