indirect leases

indirect leases
A form of lease financing in which the bank acquires or finances a lease transaction entered into by an end user and a third party. The third party is the lessor and the end user is the lessee. The bank is the lender to the third party if it merely finances the transaction or the assignee of the third party if it purchases the lease. American Banker Glossary

Financial and business terms. 2012.

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