INTRODUCTION 

Finance ahs been described as the bold of any business organization and its vital need is double realized where it is Ladcing Lease financing is becoming one of most important sources of finance for a firm.

According to J.Iloh (2002) leasing is sources of long term financing involving a contractual agreement between two parties the lessor  who owns the assets and the leases who is utilizing the asset in consideration of a periodic payment called lease rental payment.  The lessee in able to use the assets with a limited outlay of his own find.

Lease companies represent a kind of specialized financial institution that provides customers with access to productions assets such as automobiles airplanes and equipment through the writing of lessee.

According to a assets (1997) lessee allow business to use asset some time at a lower cost than borrowing or owning the  same asset stream of lease benefits form depreciating the leased asset the study would be taken this.