Operating Lease (or Renting) is an agreement where a payment is made by the Customer (Lessee) for the temporary use of IT goods owned by BLT Enterprise (Lessor).
The main functions of Operating Lease are:
| • | Operative function: the Lessor transfers the equipment’s availability to the Lessee at once; |
| • | Financial function: the Lessee can tackle the financial requirement to purchase the goods; he can spread the cost of his equipment over a period of time (24 to 36 months) so that its impact on cash flow is less severe; |
| • | Fiscal function: the Lessee can benefit a quicker tax deduction of the ICT costs. |