What is a Leaseback?
A leaseback refers to a situation where we sell an asset to somebody else and then lease it back off them. This may seem like an odd thing to do but there can actually be a few advantages in doing this. For one thing, it means that you can still enjoy the benefits of this asset even though you don’t actually own it anymore. In a lot of situations having the use of something is a lot more important than actually having ownership of it.
