A sale-leaseback transaction typically involves two parties, namely, lessor and lessee. In providing sale-leaseback services, we enter into a finance leasing agreement with our customers. Under such agreements, our customer, as the lessee, sells its owned equipment to us, as the lessor, and we then lease back such equipment to this customer. Usually for a period of 12 to 36 months, or in some cases on longer terms, the lessee repays the financing amount, interest and management fee to the lessor. 

Sale-leaseback is primarily used by our customers who need working capital to fund their business operations.