And payments can be easily tailored to specific budget or cash flow needs. You can even get a lease where you vary the payments with your future business requirements. Often simpler and faster than a bank line. Because most leasing companies tend to be less institutional than banks - most of the time. True most of the time, but not always.
Many factors go into the choice.
Negotiable leasing structures can comply with debt covenants. Leasing is an inherently flexible tool which can normally be structured to comply with requirements of your loan agreements or other arrangements. Easy to subsequently add or upgrade licenses, equipment, and consulting. With a one-page lease incorporating a master lease by reference, a phone call is just about all you need to lease additional items or upgrades. Reduce your sales cycle.