Operational lease, also known as service lease. It points out that the lessee provides the lessee with the right to use the equipment, at the same time, it also provides other specialized services such as maintenance and repair of the equipment, and undertakes the risk of equipment obsolescence, which is an economic activity of combining short-term financing with financial products.
Operational lease has a shorter lease period and can be terminated in the middle of a certain period of appointment. Because leases are generally equipment and machinery which need high maintenance and management technology, or which have made rapid progress in technology, or which are widely used. Business leasing transaction structure chart:
