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Foundation of Lease Finance: The Case of Nepal

As the concept of lease finance has been emerged only after World War II in the community of bankers, it has proved itself as one of the inadvertent source of corporate finance in contemporary time. Moreover, under the two fork of the lease procedure, operating lease is practiced by the economic community as complementary source of their living standard for short period of time in day to day life whereas many leasing company are to a leg up providing financial lease at a dead heat market from where many business community revive their economic condition professionally quick as a flash. As the bank loan becomes a tall order for the person or the organization as it is rigid in procedure and repayment, they prefer to use lease finance to operate their organization in stable condition. Lease finance is supportive to infrastructure development and economic growth of the country.