If you’ve been looking into acquiring one or more LCVs, you’ve probably come across the terms ‘balloon lease’ (or ‘open-end’ lease) and ‘closed-end’ Lease.
We’re often asked what the Difference between the two actually is, so we’ve written this blog post to help you understand how each works — and what the benefits and drawbacks of each really are.
This post first appeared on Van Hire From The Experts - Enterprise Flex-E-Rent, please read the originial post: here