Equipment Financing Commercial Equipment Lease Solutions

CALL NOW - DIRECT LINE - 416 319 5769 - Let's talk or arrange a meeting to discuss your needs

LEASE FUNDING SOLUTIONS IN CANADA

UNDERSTANDING EQUIPMENT FINANCING AND LEASING

Equipment financing is for equipment, including tangible assets other than property or a building, used in the operation of a business.

Even worse, most businesses turn to their banks for help, only to find that they are out of luck. An asset purchase does not fit the mould of a traditional business loan. And asking for an equipment line of credit is placing a call on a phone that doesn’t ring - That's why the equipment financing company solution delivers what you are looking for.

MODERNIZE EQUIPMENT AND ASSETS WHILE IMPROVING CASH FLOW!

Business owners use equipment to help run their businesses more efficiently and to stay competitive. Purchasing equipment is often a large investment of both time and money.

EQUIPMENT PURCHASE FINANCING

Whether you need to expand and modernize operations or replace outdated machinery- talk to your financing expert to understand if there are tax incentives that could help you finance a new piece of equipment. Get financing to cover the cost of new or used equipment so you can increase production and fuel your growth.

WHY USE EQUIPMENT FINANCE SOLUTIONS?

Financing can increase capacity, purchase production line machinery, equipment, or specialized equipment such as lab technology, computers, and software. Financing can improve efficiency by investing in construction equipment, commercial vehicles or modernizing operations. Services related to these assets, such as maintenance, installation, etc., can also be bundled into a lease.

Financing can complement your existing lines of credit by replenishing working capital associated with asset acquisition and minimizing cash flow via installment lease payments tailored to your capital budget and sales projections.

Commercial equipment lease financing has many options that will help your business acquire the tools you need to give your company the boost it needs. Talk to 7 Park Avenue Financial today to learn more about these options!

Capital equipment financing leases are often the best option for business owners who want to acquire new equipment and software. Numerous financing programs can be used for leasing equipment for assets you need to run your business -, including computers, software, servers, and even vehicles.

Canadian business owners and financial managers continually are searching for the best equipment financing structures for their asset acquisitions. Commercial equipment lease solutions offer the benefits those business owners are looking for. The only challenge, of course, is to navigate the minefield of knowing who to deal with, what criteria are required to get approved, and what rates and structures and overall terms best suit your firm's needs.

EQUIPMENT LOAN SOLUTIONS ARE THE LOGICAL WAY TO ACQUIRE ASSETS

Asset acquisition of new equipment is one of the most logical ways of staying ahead of the competition and technology curve. Whether your firm is in the high-tech industry or at the opposite end of the spectrum, one of our clients is manufacturing nails for the lumber industry and selling them into big box stores.

Not only are those asset acquisitions expensive, but they also run the risk of utilizing too much of your valuable working capital and cash flow. You want the benefits of using the asset but not the inherent ownership risks – that’s why leasing has always been the most valuable method of acquiring assets for your business.

The benefits of lease financing are often touted – they seem quite logical – you have minimal cash outlay, you are working within defined operating budgets, and if you are savvy about constructing your lease properly, you can avoid the issue of asset obsolescence, which is the greatest fear of many business owners – they don’t want to outlay significant cash and working capital for assets that will be obsolete and not relevant to their business model.

Many clients tell us that both their accountants and lawyers recommend lease financing solutions for all those reasons. They also point out that the equipment financing can be prepared in days with a properly prepared business case and application.

As we pointed out previously, the benefits of lease financing and commercial equipment acquisitions (whether it be computers or plant equipment) are significant. Payments are tax-deductible and little, or no down payment is a keystone around the popularity of asset finance solutions - The everyday business challenge is – Available seasonal payment options allow companies to maximize and conserve working capital.

TALK TO 7 PARK AVENUE FINANCIAL ABOUT LEASING SOLUTIONS

We recommend that all clients speak to a trusted, credible and experienced commercial equipment financing specialist who can guide them through the minefield of Canadian lease financing.

WHAT TYPES OF FINANCING SOLUTIONS ARE AVAILABLE?

By properly preparing your financial statements and business application and being very focused on the type of lease you want (there are two types – capital and operating), you can achieve the benefits you want in a concise period of time based on the lease term you are looking to achieve based on the useful life of the asset.

We have not really discussed that equipment financing is the only alternative to bank term loan financing. Understanding the benefits and requirements of each of those proposed solutions requires solid advice and guidance.

For substantial transactions, a business plan or a minimum, a solid and realistic cash flow forecast is highly recommended.

CONCLUSION - EQUIPMENT LOANS FOR PURCHASE EQUIPMENT

Raising capital is very important. You need to understand how commercial equipment leasing works to properly evaluate plans, evaluate leasing options, and select the right lease partner.

Focus on cash flow, benefits of the asset acquisition, and the structure and payment terms that will allow your firm to increase revenue and profits based on ongoing equipment needs. That’s the definition of solid commercial equipment lease solution financing in Canada.

Whether it's new or used equipment financing, there is an asset acquisition strategy via customized solutions to meet your needs when it comes down to budgets and equipment costs.

Whether it's a single piece of equipment or ongoing capital needs, let our team ensure you've got financing covered!

FAQ: FREQUENTLY ASKED QUESTIONS

Leasing is a tool that, like a loan, lets you acquire capital equipment. Equipment leasing contracts are based on a fixed rate for a specified period of time, and you make payments that include interest and other fees. Businesses can finance the purchase of complex machinery (such as computers or manufacturing equipment) used during the course of multiple years.

Many companies choose to use financial tools to cover the cost of expensive equipment as they grow over their life cycle. Leasing is a tool that's similar to borrowing, except it's the lender who purchases the equipment before leasing it back to the business.

' Canadian Business Financing With The Intelligent Use Of Experience '

Stan Prokop is the founder of 7 Park Avenue Financial and a recognized expert on Canadian Business Financing. Since 2004 Stan has helped hundreds of small, medium and large organizations achieve the financing they need to survive and grow. He has decades of credit and lending experience working for firms such as Hewlett Packard / Cable & Wireless / Ashland Oil

Equipment Financing Commercial Equipment Lease | 7 Park Avenue Financial

YOUR COMPANY IS LOOKING FOR EQUIPMENT FINANCING IN CANADA

THE BEST COMMERCIAL EQUIPMENT LEASE SOLUTIONS FOR CANADIAN BUSINESSES!