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The Response to Customer Default: Captive vs. Non-captive Lessors

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By Itzhak Ben-David & James S. Schallheim, Ph.D.
Winter 2007 Issue

Repossession or write-off? The default remedies of captive and non-captive leasing companies can vary significantly. This Foundation-commissioned study explores the behavioral differences between captives and non-captives in instances of default.

You will find additional information on this subject in the related research studies: How to Improve Your Risk Return Profile Using Credit Default Swaps & Strategies for Predicting Equipment Lease Defaults.