You Are Looking for Lease Financing and Business Equipment Loans!
You've arrived at the right address! Welcome to 7 Park Avenue Financial
Financing & Cash flow are the biggest issues facing business today
Unaware / Dissatisfied with your financing options?
Call Now ! - Direct Line - 416 319 5769 - Let's talk or arrange a meeting to discuss your needs
Email - INFO@7parkavenuefinancial.com
Talk about the winds of change. Wow. And we mean 'really Wow!' Was it only a year or two ago when lease financing in Canada seemed like it was almost on its back. Many lessors themselves were financially challenged, borrowing rates had risen dramatically (by the way - those are passed on to you!) and, most important, it was simply difficult to get approved - even with lessors with whom you had a relationship for years.
New Weather report! Sunny for business equipment loan! The new bottom line is that lease financing is back in a big way, the industry seems to have corrected itself, and with respect to you the borrower rates, structures, and, oh yes, approvals(!) are all over the place.
So let's ensure you don't miss the bus and let’s focus and recap on some major new trends (and old benefits) for this valuable part of business financing in Canada.
Appropriateness. Well here’s another shot of even more good news, in that lease financing continues to be right for every type of firm in Canada -. And that’s of course whether your firm is a start-up, small to medium-sized company, or a major Canadian corporation in the Financial Post 100. We think that pretty well covers everyone!
Abundance. We're talking about capital and its availability. In case you didn’t notice, an abundance of capital, let alone getting approved for financing kind of disappeared in the 2008-2009 global financial implosion and recession. However, banks, insurance companies, hedge funds etc. are back to capitalizing the lease industry in a big way.
You probably know that an abundance of capital means more often than not competitive rates and lease finance rates have slowly improved - with competitive pricing getting better every day in the Canadian marketplace.
Creativity was always a second name for business equipment loans and leasing finance. So ensure you use this form of capital to finance anything that makes sense. And in the new economy that means anything from software, computing power, telecom equipment, and even a corporate jet... should you be that lucky.
Over time industries change - and in the lease finance industry, the overall Canadian market segmented itself into 3 sectors, small, mid and large ticket. It's very important from a time waiting perspective that you understand what niche you need to exploit via a Vis your capital acquisition needs. A 2k photocopier can be approved within minutes in the current environment, and if you are financing large asset acquisitions consider choices you have such as off balance sheet financing via operating leases, IFRS (some new accounting rules) notwithstanding.
So that’s the new truth in Canadian equipment financing. Lease financing for business equipment loans is viable, available, and creativity knows no bounds when it comes to asset financing for your firm.
Want to get plugged back in? Really quickly? Speak to a trusted, credible and experienced Canadian business financing advisor who will bring the world of leasing finance to your door very quickly.
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