LEASING INDUSTRY AS AN ALTERNATIVE FUNDING METHOD: THE EVIDENCE FROM FINANCIAL LEASE MARKET IN TURKIYE

This paper aims to provide a general assessment of leasing industry with particular reference to financial lease market in Turkey. It is a very well-known fact that apart from the banks, the leading financial institutions that give loans to firms, there exist some other financial institutions that provide funding for the financial needs of the companies. One of these are known to be leasing companies. They enable companies to conduct their business by providing long-term funding for their investment projects. This paper analyses this industry in general and then furnish recent information in regard to the financial lease market in Turkey.