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Leasing - the success story of a modern financing alternative. It all started in the US with the rental of telephones. This rapidly developed into a concept which is now increasingly being used world-wide for the purchase of assets. We have compiled some of the key data (mostly for the german market) for you.
Development of the Leasing Market
1877
The Bell Telephone Company,USA, leases telephones .
1952
Foundation of the United States Leasing Corporation, the world's first institutional leasing company.
1962
Foundation of the first leasing company in the Federal Republic of Germany.
2005
A total of 2,045 leasing companies operate on the German market. The aggregate capital assets of all leasing companies in Germany are valued at 219 billion euro (purchase prices). In total, 4.4 million leasing contracts are carried on the leasing companies' balance sheets.
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