No, the IRS and the accounting community regard many of the lease contracts written today as disquised loans or conditional sales contracts. SFAS-13 and IRS publications 334 and 225. Whether or not the lease contains a bargain purchase option. Any lease stating you pay a purchase option of 10 percent or less of the original cost of the equipment should be considered a loan. Same day approvals are common.
Larger transactions require less financial information than conventional lending.
Most equipment dealers are able to offer lease financing in conjunction with their sales effort. Buy what appreciates and lease what depreciates. This will keep large investments in all depreciable assets to a minimum. This money could have been used in new projects or investments, rather than something that depreciates. Payment schedules can be arranged for business s that must better match their cash flows.