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ISSN: 2344 - 102X

ISSN-L: 2344 - 102X



 

Article from Volume 8, Number 1, Year 2020

LEASING FINANCING IN THE CURRENT GLOBAL CONTEXT
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Author(s): Camelia Catalina Mihalciuc
DOI: 10.4316/EJAFB.2020.819
Abstract: In the current economic context, the success of an economic agent is largely determined by its financial assurance, the lack of liquidity being one of the major problems that they may face at one point, thus having negative effects on the entire investment activity. The role of financing in general is of particular importance, manifested by the results obtained from the development of financing relationships or by the contribution of financing methods to the fulfillment of certain economic policy objectives, financing having an important role in the modern economic system, contributing to its development. Thus, the leasing represents, from all points of view, a product of the market economy that has been imposed as a financing alternative for the economic agents who want to buy their equipment, but who do not have the necessary resources and want to develop the activity and improve the performance, the objective of this type of financing being the complete coverage of investments, by resorting to foreign funds. Based on these considerations, the main objective of this paper is to study the evolution of the leasing market at European and national level, the economic importance of leasing being that it is a major source of support for the investments of European companies.
Keywords: Leasing; Leasing Market; Association Of Leasing Companies Of Romania; Financial Leasing, Operational Leasing.
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