Finance Lease is a transaction whereby the owner (lessor) grants to another party (lessee) the rights of use to property for a fee over a specified period of time.
Direct Lease
A leasing package wherein the lessor buys a specified equipment from the supplier and leases the same to the lessee.
Sale and Leaseback
A leasing package wherein the lessee sells presently-owned equipment to the lessor to convert fixed asset into cash with the lessor allowing the lessee to retain the full use of the property for a fee over a specified period of time.