Leasing Types ofleases Direct Lease- a firm acquires the services of an asset that it didnt previously own. Sale and leaseback-asset's owner sells the asset to a buyer, and then leases the asset from the buyer. Leveraged Lease- Lessor borrows from a lender to buy the asset that will be leased to the lesseeLeasing Types of Leases • Direct Lease - a firm acquires the services of an asset that it didn’t previously own. • Sale and Leaseback - Asset’s owner sells the asset to a buyer, and then leases the asset from the buyer. • Leveraged Lease - Lessor borrows from a lender to buy the asset that will be leased to the lessee