Definitions for "Independent Lessor"
In a lease situation, an entity engaged by the lessee to provide funding for the lessee's purchase from HP.
A type of leasing company that is independent of any one manufacturer, and, as such, purchases equipment from various unrelated manufacturers or dealers. The equipment is then leased to the end-user or lessee. This type of lessor may also be called a third-party lessor.
A type of leasing company that is independent of any one manufacturer, and, as such, purchases equipment from various unrelated manufacturers. The equipment then is leased to the end-user or lessee. This type of lessor also is referred to as a third-party lessor.