You don’t take a loan to buy paint brushes, you may take a loan to bootstrap a painting business - the business is not depreciating. I agree though, you’d take

You don’t take a loan to buy paint brushes, you may take a loan to bootstrap a painting business - the business is not depreciating. I agree though, you’d take a loan to buy eg a CNC mill, and you’d expect it to depreciate. On the other hand, you could buy a CNC mill second hand and avoid the large initial depreciation.