Financial Lease Not provide for maintenance or service by the lessor ■Fully amortized -The lessee usually has a right to renew the lease on expiration Can't be cancelled slide 4slide 4 Financial Lease Financial Lease ƒ Not provide for maintenance or service by the lessor ƒ Fully amortized ƒ The lessee usually has a right to renew the lease on expiration ƒ Can’t be cancelled