Leasing in Pakistan has become a popular financial instrument for businesses of all sizes and sectors. It is a type of financing which enables the lessee to use a specific asset for a fixed period of time in exchange for periodic payments. The lessee is not required to pay the entire cost of the asset upfront, rather they can defer the cost to periodic instalments.

Leasing in Pakistan is beneficial for businesses that need to upgrade their equipment on a regular basis. It enables them to keep up with the latest technology without having to incur the entire cost of the asset upfront. Additionally, it provides tax and accounting advantages to the lessee, since the payments are treated as an operating expense rather than a capital expenditure.

Leasing also provides flexibility and convenience to the lessee since they can choose the term of the lease and the payment plan that best suits their needs. As the lessee is not required to pay the entire cost of the asset upfront, they can conserve their working capital for other business needs.

Overall, leasing in Pakistan is a popular and convenient financial tool that provides businesses with the flexibility to acquire and upgrade their equipment without having to incur the entire cost upfront. It is a cost-effective and efficient way to manage cash flows and keep up with the latest technology.