Business Process of Midland Financial Leasing Co., Ltd.

End users choose their own technical and business terms. Cit's credit department analyzes the company introduction materials provided by end users, including approval certificate, business license, business introduction, financial statements or other third-party information, and makes a credit decision quickly. Midland signed a lease contract with end users, and Midland signed a purchase contract with suppliers. The lease will take effect in due course. The supplier delivers the equipment to the end user, cit pays the equipment price to the supplier, and the end user pays the rent to cit in installments during the lease period. If it is an operating lease, at the end of the lease period, the end user can choose to return, renew or keep the equipment at a fair market price (or a nominal price agreed in advance).