Lessor

Commercial banks, credit non-bank organizations, leasing companies often act as lessors.

[12][13][14] In case of failure of reimbursements of lease payments under the schedule specified in the contract the lessor has the right to exempt the property from the Lessee.

[16] If the lessor contrary to the contract has interfered with the choice of the seller or leasing subject, he bears the responsibility for non-delivery of the equipment, personal injury of citizens while using the leasing subject, damage which is caused to the property of the Lessee and the third Parties.

[18] In case of implementation of a high-priced project the lessor may involve into the transaction additional sources of financial assets (through banks, insurance companies, investment funds, etc.).

This is the official supplier of specialized machinery, transport and equipment directly to the final consumer or through a leasing company.