This is where the finance company agree to purchase from you one or more assets and lease them back to you on a standard leasing agreement. This enables you to raise money on assets that you own or in which you have substantial equity.
Arrangement in which one party sells an asset to a buyer and the buyer immediately leases the asset back to the seller.
This arrangement allows the initial buyer to make full use of the asset while not having capital tied up in the asset.
Leasebacks sometimes provide tax benefits. also called leaseback.