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Leasing plan from Craven

5th October 1973, Page 39
5th October 1973
Page 39
Page 39, 5th October 1973 — Leasing plan from Craven
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Which of the following most accurately describes the problem?

• Cravens Industries Sales Ltd, is introducing a new three way leasing plan for all of the tranpsort equipment manufactured by Cravens Homalloy and Taskers Trailers.

Under the plan, the equipment is leased for a primary period of three, four or five years at the satisfactory conclusion of which there is an option to renew the lease for an additional period of one, two or three years on nominal rentals of 0.5 per cent per annum.

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