Leasing allows you to mitigate all sorts of risks that may not be top of mind. A short-term lease, for example, can allow you to determine if equipment really fits your needs before you commit a lot of capital to a purchase or long-term deal.
No you would not go bankrupt; It offers the flexibility of the repayment period being matched to the useful life of the equipment.
Leasing also allows businesses to upgrade assets more frequently ensuring they have the latest equipment without having to make further capital outlays. Go for axis capital group