Extension of the SBLA to Capital Leases: Analysis of Lessee Attributes and Defaults

Table of Contents

•  Executive Summary
   
•  1. Objectives
   
•  2. Background
   
•  3. Scope of the Study
   
•  4. Research Findings: Overview of the Leasing Industry
   
•  5. Research Findings: Attributes of Lessee Firms
  •  5.1 Geographic and Sectoral Distributions of Lessees
  •  5.2 Financial Attributes of Lessee Firms
  •  5.3 Attributes of Lease Contracts
  
  
•  6. Research Findings: Default Rates
  •  6.1 Mean Losses and SBLA Claims
  •  6.2 Default Rates
  •  6.3 Estimated Claims
  •  6.4 Default Characteristics
  
  
•  7. Perceptions of Leasing among Current SBLA Borrowers
   
•  8. Summary
  •  8.1 Attributes of Lessee Firms
  •  8.2 Defaults
  
  
•  9. Appendix: Data Coding Forms