In a leveraged lease, the lenders cannot look at the lessor for repayment. The lender’s only recourse is to the lessee and, therefore, the lessee’s credit rating is of prime importance. (U.S. Equipment Leasing Association)
In a leveraged lease, the lenders cannot look at the lessor for repayment. The lender’s only recourse is to the lessee and, therefore, the lessee’s credit rating is of prime importance. (U.S. Equipment Leasing Association)