Q15: At GE Finance you are the manager of lease finance. You have begun to talk to local companies to try and sell the concept of lease finance for their businesses. (a) Explain to the companies the nature of lease finance, and distinguish between operating leases, finance leases, sale and lease-back leases, and cross-border leases. (b) Provide examples of how a business might use each of these forms of lease arrangement. (c) List and explain the advantages of lease finance to a business. (d) From the perspective of a lessor, explain the structure of a direct finance lease versus a leveraged finance lease contract