Our blog highlights Canadian Business Financing solutions via receivable finance , equipment finance, working capital financing, asset based lending, business acquisition financing,franchise finance, and tax credit monetization via SRED and Film Tax Credits. Our goal is to educate and assist Canadian businesses with their financing needs. You Are Looking For Canadian Business Financing! Welcome to 7 Park Avenue Financial Call Now ! - Direct Line - 416 319 5769
Tuesday, January 1, 2013
Your Road Map To Success With Leasing Companies . Equipment Finance Rates And Lease Finance Solutions
Looking For A Path To Canadian Equipment Financing Success?
OVERVIEW – Information on working successfully with leasing companies in Canada . Equipment finance rates and asset lease solutions are more readily available for the Canadian business owner.
When it comes to using leasing companies for equipment finance in Canada is there a road map that Canadian business owners and financial managers can use to ensure they are getting the best solutions, rates and structures for acquiring business assets. We think there is a basic road map that can be followed to ensure asset financing success.
So what would the elements of that road map be? We think it comes to the following categories :
Solid structures , rates and terms
Understanding the benefits, and yes the risks of lease finance
Ensuring you have chosen the right lease with a monthly payment and term that supports your financial needs
Understanding the accounting and tax implications of your transaction
Trouble shooting to ensure you're dealing with the right lease company
Utilizing Proper third part assistance when needed
When you have those points covered off we're pretty sure you are very close to having a solid road map in front of you for the lease finance journey.
There really isn't another more popular method of financing your business asset acquisitions in Canada and the U.S. In fact billions of dollars of assets are financed every year, and the ability of your business to acquire assets with financing that comes with other benefits make this business tool extremely popular.
The actual asset that your firm acquires has both a useful life and some economic and hopefully operational value to your business. In many cases these assets will have a residual value. That's where it’s important for you to ensure you're still following some of our road map issues - namely understanding who to deal with and what type of lease you choose. Those two choices boil down to lease to own (capital lease) and lease to use (operating lease).
How you shape and negotiate your payments around that asset is what makes you a winning in dealing with leasing companies. Equipment finance rates themselves are important, but at the essence of this financing tool is the fact that you have access to a lot of structuring tools that come with both risks and opportunities for you and your chosen lease company.
Typical benefits associated with lease finance include the ability to match monthly payments to cash flow streams that make sense for your firm. Despite all the flexibility that is offered with lease structuring more often than not the business owner and manager simply wants to know that a regular fixed monthly payment is a known factor they can readily deal with.
When equipment finance rates and monthly payment values are critical you have access to a number of solid tools -. They include lengthening the lease term, including a residual value in your structure, or negotiating lower down payments.
If you want to maximize the leverage your firm has in acquiring assets through leasing companies spend some time on our key ROAD MAP points and protect your interests and assets.
Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your lease finance needs.
7 PARK AVENUE FINANCIAL
CANADIAN EQUIPMENT FINANCING EXPERTISE
Stan Prokop - founder of 7 Park Avenue Financial –
http://www.7parkavenuefinancial.com
Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - has completed in excess of 80 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing.
Info re: Canadian business financing & contact details :
http://www.7parkavenuefinancial.com/leasing-companies-equipment-finance-rates-lease.html
7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8
Phone = 905 829 2653
Fax = 905 829 2653
Email = sprokop@7parkavenuefinancial.com
Stan Prokop
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