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Rental Leasing Services

Unfortunately, a public company with the stock symbol ESSX is not listed on any US stock exchange.

However, I can give some general information about Rental Leasing Services.

Rental Leasing Services, also known as rental leasing agreements, allow a tenant or lessee to use real property or an asset for a set period in exchange for regular payments to the owner, known as the lessor.

There are several types of leases, including;

* Finance lease: Finance leases are typically used for assets with a long useful life, such as real estate, buildings, or manufacturing equipment. This lease is treated like a loan, where the lease payments are similar to interest payments.

* Operating lease: An operating lease is commonly used to lease assets for a shorter period, typically three to five years. The lessor retains ownership and rights to the asset, while the lessee can use the assets without the long-term financial obligation of buying the asset.

Lease payments are usually lower with an operating lease than a finance lease, but may cost more in the long term due to interest charges. Small businesses and companies with fleets of vehicles or heavy equipment often use operating leases.

In terms of earnings and growth, the leasing industry has experienced significant growth over the past few years. According to a report by Grand View Research, the global leasing market size was valued at $264.63 billion in 2020 and is anticipated to expand at a compound annual growth rate (CAGR) of 8.6% from 2020 to 2027.

A few companies in the leasing industry include;

* Aaron's, Inc.: Aaron's, Inc is a leading omnichannel provider of furniture, consumer electronics, computing devices and connectivity, and related services.

* Carlyle Aviation Partners: Carlyle Aviation Partners is the commercial aviation investment and servicing division of The Carlyle Group.

In summary, Rental Leasing Services industry has helped individuals and small businesses with limited resources to grow and expand their businesses without the need for huge capital investments. Leasing can help businesses to acquire assets such as equipment, vehicles, and real estate without the need for large cash outlays or borrowing and can provide tax advantages, among others.

I hope you find this information helpful.

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