Equipment leasing is a contract between the Lessor (IFSI) and the Lessee (the Equipment User) for hire of a specific asset selected by the Lessee from a manufacturer or supplier.

The Lessor retains the ownership of the asset during the term of contract and the Lessee has the exclusive use of the asset by paying a monthly rental fee over a fixed period of time.

Upon expiry of the Lease, the Lessee can purchase the equipment from the Lessor at an agreed price, taking into account the rentals paid during the Lease term, or to renew the Lease at a predetermined lower monthly rental fee.