1. A pre-approved amount of borrowing allowed a lessor by a lessor's financier. The lease line is used for acquiring equipment for lease and is not used for financing a lessor's operational expenses. 2. A pre-approved amount of leasing allowed a lessee by a lessor.
A pre-approved amount of leasing allowed a lessee by a lessor. Cornerstone commonly approves lessees for lines of credit.
A lease line of credit that allows the lessee to add equipment without having to renegotiate a new lease each time.
A lease line of credit, similar to a bank line of credit, that allows a lessee to add equipment to a lease, as needed, under essentially the same terms and conditions, without having to negotiate a new lease.
A line of credit under which a Lessee adds equipment to an established Master Lease Agreement.
A lease line of credit similar to a bank credit line which allows a lessee to add equipment, as needed, under the same basic terms and conditions without negotiating a new lease contract.
A line of credit similar to a bank line of credit. It allows the lessee to easily add additional leased property under the same terms and conditions without negotiating additional agreements.