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How To Get Equipment Finance

When Canadian business owners and managers are aware of the benefits of equipment finance leasing and leasing services their ability to get rates, terms and structure approvals that makes sense increase dramatically.

Equipment financing in Canada is one of the easiest methods of financing business assets bar none. However, at the same time the complexity of the several kinds of leasing and who offers lease financing can be a true challenge that you might not want to dedicate all your time toward.

You can obtain the best leasing services and rates by focusing in on what benefits matter to your firm from a priority basis – in many cases its simply the term and rate on the lease financing. Depending on what type of asset you are financing lease terms vary from 2 to 7 years – at the end of the day it depends on the equipments useful economic life, combined with the type of lease you structured. In Canada that is either an equipment finance lease, designating your desire for ownership, or an operating lease, designating your firm’s choice to use an asset, but not ultimately own it. Leasing is often referred to as a cash flow enhancer – little or no money down, as well as your ability to craft monthly, quarterly, or semi annual payments with can either accelerate or decelerate as you require. That’s true cash flow management.

Equipment lease financing is all about benefits and use, not real pride of ownership. In most situations today assets depreciate. . . you certainly cannot look at your investment in computers and technology and make the case those assets are rising in value!

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Get the equipment finance advantage. In this video, Crit DeMent, Chairman and CEO of LEAF Commercial Capital, discusses the benefits of equipment leasing and. . .

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