Equipment Leasing | 7 Park Avenue Financial

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YOUR COMPANY IS LOOKING FOR CANADIAN EQUIPMENT LEASING! 

You've arrived at the right address! Welcome to 7 Park Avenue Financial 

        Financing & Cash flow are the biggest issues facing business today 

                              ARE YOU UNAWARE OR DISSATISFIED WITH YOUR CURRENT BUSINESS FINANCING OPTIONS?

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

EMAIL - sprokop@7parkavenuefinancial.com

WHY LEASE EQUIPMENT INSTEAD OF BUYING IT?

Equipment leasing continues to be the best way to maximize cash flow and overall cost-effectiveness for new asset acquisitions.   The other significant advantage of a lease equipment strategy is the ability of this type of financing to achieve financing creativity based on the needs of your Canadian firm. In Canada corporations of all sizes, including the government by the way, utilize leasing as a financing option.

Is there any asset that can't be financed? For years we have half jokingly told clients that anything can be financed, and quite frankly, based on your firm's overall credit structure and quality, we still believe that to be very true.

UNDERSTANDING EQUIPMENT FINANCING AND LEASING SOLUTIONS IN CANADA

Many business owners don't often realize that even 'intangible' assets can be financed, such as software, installation costs, maintenance contracts for your financed asset, etc. Those additional charges, when not financed, can put a real dent in your cash flow!

The whole issue of equipment leasing for Canadian asset acquisitions quite frankly revolves around the 'right' lease, and, as importantly, your leasing firm partnership. Properly structured leases create a win/win scenario for all parties to the lease - namely the equipment vendor or manufacturer, your firm, and of course the lease finance company.

We are often somewhat disappointed when clients are only focusing on 'rate', because in a large number of cases overall lease amount approval, the structure of the lease, and the type of lease chosen have significantly more importance than the 'rate '.

COMMERCIAL EQUIPMENT FUNDING BENEFITS IN CANADA

'What's my rate' is not an effective way, we believe, to enter into a lease negotiation. Naturally having said that, a rate must be commensurate with your overall credit quality - as credit quality, combined with the asset collateral, drives the final rate decision.

A quick recap of the generic benefits of leasing should emphasize the advantages of this type of asset acquisition financing.

BENEFITS OF EQUIPMENT LEASING :  

"           Ability to acquire equipment while minimizing your cash outflow for asset purchases

"           Cash flows match the benefits and useful life of the asset you are acquiring

"           Potential tax and balance sheet advantages

"           Ability to upgrade equipment and stay ahead of the competitive curve based on your ability to acquire items that you might not necessarily be able to purchase on a cash basis

Equipment leasing often tends to also be 100% financing - that's a great way to maximize cash flow, and, as we noted, many Canadian business owners and financial managers are often surprised to know that lease financing can include tangibles, as well as those maintenance and upgrade costs depending on the asset you are financing. Hint - Think computers!

There are a number of tools that allow you to evaluate lease financing options, one of which is a 'lease calculator' or 'lease vs. buy calculator'. These are widely found on the internet.

CONCLUSION  - YOUR GUIDE TO EQUIPMENT LEASING

We strongly recommend that you utilize the services of a lease financing expert who has credibility and experience. That will translate into your firm capitalizing on one of Canada's great alternative financing strategies. Seek out and speak to 7 Park Avenue Financial,  a trusted, credible lease financing advisor today.

Click here for the business finance track record of 7 Park Avenue Financial