Economic Aspects Of Financial Leasing In Business Investments
Adrian Simon ()
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Adrian Simon: University of Pitesti, Faculty of Economic Sciences
Scientific Bulletin - Economic Sciences, 2010, issue 9, pages 65-70
Leasing, as a financial instrument, was able to affirm itself in many developed countries as one of the most effective and accessible mechanisms for financing the expansion and development of the means of production, asset finance necessary for the development and for the application of new technologies in business. Leasing is a modern way of financing through which the customer enjoys a good, the payment being spread over the period of the lease, and the installments paid being deductible according to the type of leasing contract. Compared with other forms of financing, leasing has the advantage of eliminating red tape required for the granting of credits and the financial guarantees only with the asset that is the subject of the lease.
Keywords: leasing; investment project; financial flows; estimating risk (search for similar items in EconPapers)
JEL-codes: O16 G23 G32 (search for similar items in EconPapers)
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Persistent link: http://EconPapers.repec.org/RePEc:pts:journl:y:2010:i:1:p:65-70
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