Commercial leasing is an option for a business rather than buying property. As the failure rate for new businesses is so high, renting is usually the best choice for a start-up company. Commercial property requires a sizable down payment of at least 20% most of the time. This is critical cash for a new business that would be much better in a more available liquid form. Renting commercial property involves a commercial lease. Unlike personal renting of a residence, rent payments are a tax deductible expense for most businesses. These factors create a strong argument against buying. Commercial lease term lengths are generally one to ten years. A new business is wise to get as short of term as possible with an option to renew the lease under the same or favorable terms.