Did you know?
No person is permitted to carry on the business of equipment leasing in Nigeria, except the person who operates a limited liability company and the memorandum or article of association of the company shall have express provisions to carry on the business of equipment leasing.
Also, that entity must have satisfied the requirements laid down by the registration authority from time to time.
What is equipment leasing?
Equipment leasing is a type of financing in which you rent equipment rather than purchase it outright. You can lease expensive equipment for your business, such as machinery, vehicles or computers
See Section 6(1) (a) and (b) of the Equipment and Leasing Act >>>Click Here<<<
And Yes, before you carry out that business, ask questions, make findings, and understand all that it entails.