A type of borrowing in which the borrower (a lessor funding a lease) is fully at risk to the lender for repayment of the obligation. The recourse borrower (lessor) is required to make payments to the lender whether or not the lessee fulfills its obligations under the lease agreement. Recourse borrowing arrangements may, or may not, take the underlying lease payment stream into account. It is not unusual where repayment is based on equal principal plus interest.