Credit Leasing Companies in Malaysia

Credit leasing companies in Malaysia are financial institutions that provide financing to businesses in the form of leases. The lessee makes periodic payments to the credit leasing company, which in turn pays the lessor. The credit leasing company typically charges a higher interest rate than the lessee would pay if the lease were financed directly by a bank.

The credit leasing company may also require the lessee to provide collateral, such as real estate or equipment, to secure the lease. In the event that the lessee defaults on the lease, the credit leasing company can seize the collateral and sell it to recoup its losses.

Credit leasing companies play an important role in the Malaysian economy by providing financing to small and medium-sized businesses that may not qualify for bank loans. By doing so, they help to promote economic growth and job creation.