With long - term debt financing, the scheduled repayment of the loan and the estimated useful life of the assets extends over more than one year. (thebalancesmb.com)
In contrast, a finance lease will be for a specific longer period considered to be the full economic life of the asset. (educationbusinessuk.net)
With long - term debt financing, the scheduled repayment of the loan and the estimated useful life of the assets extends over more than one year. (thebalancesmb.com)