Banks may be more selective in providing lease finance and may seek other forms of security. Sometimes this is possible. Some of the larger manufacturers may lease goods to their customers, but this is not particularly common. You would need to check with the manufacturer concerned. A lease broker seeks to perform a similar task to that provided by an insurance broker or any other broker - that is to evaluate services offered by a wide range of lessors and obtain the best value for his client s money.
Brokers do a lot of business and they are good people to discuss leasing with.
No security is required. It frees your other collateral for use in other types of borrowings. The total lease rental is tax deductible. Plant and equipment is paid from pre-tax earnings, which allows you to increase your earnings from the business. Lease finance may be available when other sources are not.