The lessor only needs to advance a part of the capital to buy the equipment, and the rest of money is borrowed from the borrower using the lease item as collateral.

出租人只需要预付一部分资金来购买设备，其余的资金则是用租赁物作为抵押物向借款人借款。

The leveraged leasing is on agreement between the lessee, the lessor and the borrower under which the lessee pays the rent and obtains, the right to use the lease item during the lease term.

杠杆租赁是承租人、出租人和借款人之间的协议，根据该协议，承租人支付租金并在租赁期内获得租赁物的使用权。