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Can you explain the attraction of leasing as a source as a source of both short and long term finance.?

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Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2016/06/28
Zaheer uddin Raja
by Zaheer uddin Raja , Accounts Supervisor , Pakistan International Airlines

Perhaps, inter alia, the most attractive aspect of leasing is that it requires considerably low initial capital outlay to acquire assets. Also, rentals or interest expenses (as the lease may be operating or finance lease) are tax deductible thus benefit tenant / lessee. 

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