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Operating Lease


ORIF started its operating lease business in June 1996 in order to satisfy
the demand of long-term vehicle and equipment usage for operating lease.

ORIF provides not only car operating leases, but also equipment operating leases
to give many excellent companies with better cash flow control, off-balance
financing and good service.

What is an OPERATING LEASE?

Comparison with a Direct Financing Lease

OPERATING LEASE
• Customer returns item to ORIF
• Customer pays only partial purchase amount during lease term.
  (Set Residual Value)
• Item is not considered an asset on the balance sheet (Off Balance). It just
  appears as an expense in the income statement

FINANCE LEASE
• Customer has the option to purchase Item
• Cover entire purchase price with Deposit. (Full payment)
• Item is asset on the balance sheet


Comparison with Rental

OPERATING LEASE
• Ministry of Finance
• Stock ORIF doesn't keep an inventory of cars. Customers can choose any item
  on the open market.

RENTAL
• Ministry of Industry and Commercial
• Rental company has ready stock. Customer has to choose item from
  available stock
Testimonial
ORIX is a stong & tough Leasing Company and very reliable for their cooperation. - Mr. L
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