Lease
A. Down payments are determined by the types of equipment and the credit for the lease.
Loan
B. Loans usually require a down payment.

Lease
A. It could be no down, 5%, 10% or first and last.
Loan
B. This will be determined by the amount being financed by the bank and there sliding scale.

Lease
A. Lease payments can be structured to match your cash flow. Eg. Monthly, Seasonal, Semi-annual or annual payments.
Loan
B. Bank payments are generated monthly.

Lease
A. Operating Lease. You make the equivalent of rental payments for your equipment. You can write off the full portion of your lease payments as an expense.
B. Capital Lease. You assume the liabilities of ownership for accounting purposes: however, you can likely deduct the full amount of your lease payments.
Loan
A. You'll claim tax deductions for the interest paid on your loan and,since you own the equipment,you'll amortize the equipment over its useful life.This means you'll write off the annual amortizations based on the equipment's Capital Cost Allowance determined by CRA.

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