The Asset Finance Lease Company In Canada - Leasing Capital Equipment 101

A Hitchhikers Guide To The Asset Finance Lease Company Galaxy in Canada !





Information on the benefits of utilizing an asset finance lease company in Canada . Leasing Equipment is the chosen financing solution for Billions of dollars of equipt. in Canada





The asset finance lease company in Canada. There probably is a better way to travel through the equipment leasing universe in Canada than the fictional character in the classic ' Hitchhiker ' series.

We think there's an easier way to understand how the Canadian business owner can understand the benefits of lease finance without hiring an alien guide as in the series! And there's certainly no reason for panic! Let's dig in!

There is certainly no reason by Canadian firms should be surprised at the continued growth of asset finance firms. But that growth has brought choice, and many business people and their financial managers are sometimes confused by the potential myriad of credit approval, tax, accounting, and asset classification rules that can come with a solid lease finance solution.

The benefits of a lease finance solution become complicated in some ways only because there is so much choice in to can provide you with the best financing for your lease dollar size and asset class. That might range from a laptop program for your company, to rolling stock, all the way up to the proverbial corporate jet!

Therefore knowing when you should lease and who you should finance with makes you a winner when it comes to tax and accounting benefits, managing cash flows, and ensuring you have picked the right type of lease, which in Canada pretty well boils down to capital lease to own scenarios, or operating lease to use solutions .

Computers, software and telecom equipment make up a huge portion of the assets financing in Canada. Your ability to realize the benefits of these assets and technologies and then match them with the right asset finance lease company solution does one thing - it keeps your firm alive and competitive !

Costs and the future value of the assets you are financing are foremost in the mind of the business owner/manager. Tailored solutions via lease equipment allow you to hedge against obscolescence and replacement issues, as well as affording new assets that you otherwise might not be able to afford.

While bank term loans are one aspect of acquiring an asset adding that type of term debt to your balance sheet and credit line facility is not always the best solution - let alone being approved in a timely manner.

While bank capital is both unlimited and low cost the challenge of the majority of business financings always come back to full credit approval and the time spent to get that transaction in place. Leasing companies in Canada, in both the small, mid and large ticket sectors distinguish themselves with some of the fastest approval times in any type of business financing.

While it is in fact true that many asset finance lease transactions do often require first and last payments in advance, etc they are much more attractive than down payments required in bridge or term loans for the same asset.

In Canada lease solutions come from mfr. related finance firms, bank subsidiaries, independent commercial finance companies, and insurance companies

Why do companies utilize the leasing industry for acquisition of assets? It's not as complicated as you think - technology has boomed, cash is king ( that's cash conservation by the way ) and lease finance can even be a solid sales tool for many firms offering products and services that are ' sticker shock' intensive .

Our hitchhiker guide in the leasing galaxy may well have traveled hundreds or thousands of years through the lease universe. What did he discover? Simply that asset finance of equipment addresses obsolescence, replacement, tax and balance sheet and working capital mgmt. flexibility - all at the same time.

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with knowing which market segments in the industry can help your firm, and which elements of a good lease transaction can bring benefits to your company.



7 PARK AVENUE FINANCIAL
CANADIAN ASSET FINANCE AND LEASING EQUIPMENT EXPERTISE



Stan Prokop - founder of 7 Park Avenue Financial –

Canadian Business Financing

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 :


asset finance lease company leasing equipment


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