Leveraged lease a Often used to finance large-scale projects (typically in excess of $15 million) Lessor borrows most of the funds Common where it is difficult to find a lessor who is able to finance the acquisition and able to absorb the full benefits of the tax deductibility of depreciation and interest costsLeveraged Lease ◼ Often used to finance large-scale projects (typically in excess of $15 million). ◼ Lessor borrows most of the funds. ◼ Common where it is difficult to find a lessor who is able to finance the acquisition and able to absorb the full benefits of the tax deductibility of depreciation and interest costs