Leasing is a financial product that provides for the rental agreement where by the les see is allowed to use property covered in a lease for a certain period of time in exchange for a periodic fee. The types of leasing are finance leasing and operating leasing. There as of September 30, 2006, the implementation of the Leasing Act led and it's change from December 05, 2013 to systematic supervision and legislative regulation of leasing business. First more significant leasing appearance was in the Republic of Croatia in the 1990's. In the period from 2000 to 2008 this financial product proved to be the fastest growing form of financial market, and after 2008 it is experiencing significant downfall. The rapid growth in leasing industry has been driven by the growth of car market in Republic of Croatia, credit growth restrictions by the Croatian National Bank as well as growing interest of public sector and production companies for this type of financing. These favourable winds led to the rapid expansion of the leasing industry. However, at the end of 2008 the early warning signs of economic crisis first came in Republic of Croatia. Due to the narrow interdependence of leasing industry with economic growth and development, by the 2009 the volume of the leasing business has been significantly reduced, what we can see from financial ratio of analyzed leasing companies. In year 2009 they experianced collapse which continued in following years. The leasing companies were facing heavy losses. Indulgent recovery we can see in year 2013 Economic crises has had a negative but also a positive impact on the leasing industry. The late strefersto more strict credit requirements for leasing what has headed to reduction of risky investments and limitation of further debenture/over debenture, clearing up of the market and turning of leasing houses to themselves in order to reconstruct and optimise own business processes and costs. Through the watching period leasing companies experianced significant downfall but the potential for recovery and growth certainly exists, but it depends on stabilisation, respectively, growth of economic activities in the Republic of Croatia.