Leasing - the Area Most Affected by the Financial Crisis

Silvia Dugan () and Dindire Dindire
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Silvia Dugan: "Constantin Brancoveanu" University of Pitesti
Dindire Dindire: "Constantin Brancoveanu" University of Pitesti

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 1, 43-45

Abstract: Financing operations through the leasing system represent a real oxygen break for the economic agents for whom investments are an essential requirement for the development of their activity. Leasing imposed itself in our country the same way it has done it before throughout the world (maybe less in the economies of the third world countries), first of all by simplicity. Taking into consideration that the competitive environment from our country has become more and more drastic, the reaction speed of the companies to the changes in the external environment being vital. Leasing, through its efficiency, satisfies in very short periods of time, the economic agents' need for investment funds. Using leasing, the economic agents can also avoid the complicated procedures of bank credits, which presuppose tying up some elements from the society's patrimony or from the private one in order to establish guarantees.

Keywords: business sustainability; real estate leasing; equioment leasing (search for similar items in EconPapers)
JEL-codes: G32 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:10:y:2010:i:1:p:43-45

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