Finance Leasing Operating lease Customer A specific corporate entity or individual (generally corporate entities) A specific corporate entity or individual (generally corporate entities) Targeted items Business equipment, facilities (normally new items, other specific or general in use) Limited to general use facilities and equipment (normally ready-made used items) Uses Applies to continuous use over a long period Suited to items scheduled to be used for relatively short periods Equipment selection Customer is free to choose Customer is free to choose Contract period Relatively long term (2 to 6 years) Approximately 1-3 years Fees Cheaper than renting, roughly equivalent to installments Often cheaper than lease, rental or installment purchases Mid-term cancellation In principle, not possible (possible through payment of remaining fees) Allowable in some cases after a certain period has elapsed Ownership Leasing company Leasing company At contract's end Item returned or a low-cost re-lease Item returned or a low-cost re-lease   Renting Installment purchases Customer Any number of corporate entities or individuals A specific corporate entity or individual (generally individuals) Targeted items Limited to general use facilities and equipment (normally ready-made used items) Business equipment, facilities (either specific or general use, new or used) Uses Applies to short-term use Applies to continuous use over a long period Equipment selection Selected from rental company's stock Customer is free to choose Contract period Short term (by the day, week, month, etc.) Relatively long term (1 to 3 years) Fees More expensive than leasing or installments Cheaper than renting, roughly equivalent to leasing Mid-term cancellation Allowed after a certain period In principle, not possible (possible through payment of remaining fees) Ownership Rental company In general ownership resides with the seller At contract's end Item returned Transfer of ownership NTT FINANCE Leasing Services - What does leasing entail? - Items Suitable for Leasing - The Difference between Leasing, Renting and Sales by Installment Leasing Q&A Finance Leasing Installment Sales Operating Leasing Resource Purchasing Services, Resource Trade-in Leasing Sales and Lease-back of Used Machinery Payment Consignment Network Equipment Rental Tenant Leasing Building Leasing Life & Non-life Insurance Car Leasing ESCO Services Japanese Operating Lease Affiliated Leasing International Leasing and Financing - Financing in the USA - Financing in China - Cross-border Financing - Lease (installation) for Overseas Use Financing Structured Finance Liquidation of Tenant's Security Deposit Liquidation of Real Estate Factoring of Debts Receivable Factoring of Nursing Care Benefits Receivable Accounts Receivable Guarantee Credit Card Services - NTT Group Card Gold - NTT Group Cards - NTT Group ETC Cards NTT FINANCE Venture Capital - Introduction - Venture Capital Business Overview   -Domestic Companies   -Overseas Companies - Members - Enquiries