Equipment Leasing

Equipment Leasing is a practical reference for financial managers who need background information, and an understanding of how leasing can be utilized as a cost-effective means of equipment financing-especially under the new tax law in the United States. It explores various types of leases, including single investor leases, leveraged leases, tax requirements for true leases' and lease-buy economic analysis. This invaluable resource includes the background and basics of equipment leasing, history of leasing, synthetic leases, financial reporting of lease transactions by lessees, operating a leasing company, and much more.

Peter K. Nevitt is one of the pioneers of equipment leasing with over thirty-five years of experience. He is generally credited with being one of the inventors of leveraged leasing and synthetic leasing. Up until 1998 he headed Mitsui Nevitt Capital Corporation for ten years. Prior to that, he served for ten years first as President then as Chairman of BankAmeriLease. Nevitt was also the founder and president of two other leasing companies, GATX Leasing Corporation and First Chicago Leasing Corporation. Nevitt now provides advice to leasing companies as a consultant. He has authored two other books and over 100 articles and booklets on leasing and equipment financing.Mr. Nevitt is an attorney and received his BS and JD from Northwestern University.