Financial leasing

The parties of financial leasing are the seller of the object, the financing enterprise and the lessee.

An arrangement whereby a finance company acquires an asset that the lessee needs, and leases it to the lessee under a long-term leasing contract. The main categories of assets subject to financial leasing in Finland are machinery, installations and motor vehicles. Buildings and land are among the assets that may be the subject of lease. The leaser finances his acquisition by leasing the asset to the lessee.

The finance company retains ownership of the asset, and ownership is normally not transferred to the lessee after the expiration of the contract. The lessee has the right to use the asset over the lease period, which usually covers all of the economic lifetime of the asset.

Statistics using the definition

Validity of the definition

  • Valid until (31 December 2078)

Source organisation

  • Tilastokeskus