Leasing is a smart and cost effective way to acquire equipment. The Lessor as the Owner of the Equipment leases out the Equipment to the Lessee at an agreed lease rental and pre-determined lease period. It is not ownership but the effective, flexible use of equipment that ensures generation of profit. Leasing means flexibility, and virtually any type of depreciable property may be acquired. Lease rentals are fully tax deductible and fixed rental payments assists in budgeting and easing of cashflow.