Commercial Equipment Lease Financing . A Miracle Drug For Asset Finance Challenges

Blissfully Ignorant Is Not Good When It Comes To Equipment Leasing And Financing In Canada


OVERVIEW – .Information on commercial equipment lease financing in Canada . Why does the business owner / manager benefit from delving into the basics of asset finance for Canadian equipt. acquisitions



Commercial equipment lease financing in Canada . When it comes to being in a state of ' blissful ignorance ' on asset finance solutions and options we feel that’s the wrong state of mind to be in. Here's why!

Equipment finance in Canada is clearly one of the growth engines behind asset acquisitions for companies that are competing and growing. Some of the old mindsets around basic equipment finance have changed drastically both in theory, and in real world practice, which is where we toil daily!

Today the industry is very segmented and somewhat, shall we say, fast moving - that’s where some experience and knowledge about some real basic issues can put you at the head of the pack quickly

When approaching as asset finance solution need its important to know what lease market segment your acquisition fits into. It’s simply decision - small, mid, or large. Just putting your company and asset need quickly into the right category is going to save you time and money.

Different lessors populate each of those categories. Some are huge private corporations, some are small regional lease brokerages, some are U.S. owned (no problem with that!), and some are even subsidiaries or division of Canadian and U.S. banks. One of the best leasing bets you can make is to finance through a captive firm; that's a finance firm that’s associated with the manufacturer of the asset you are purchasing.

All of these different entities have different asset and dollar size appetites. But all firms have the same thing in common - they want to help you acquire assets to grow and prosper. Because assets can be a large part of your capital expenditure process commercial equipment lease financing in Canada is a solid alternative to using your bank lines of credit.

We're assuming you have bank lines of credit! Many do not, and the reality is that asset leasing in Canada can be accomplished by structuring a transaction that might involve a down payment, an accelerated payment, some outside collateral, etc - so even firms that have some level of credit and financial challenges still utilize lease finance every day. And that includes start ups by the way.

Medium size and larger corporations struggle with operating and capital budgets. Lease finance plays perfectly into those challenges - removing budget and capex obstacles. Larger corporations use lease financing as an alternative to tapping financial markets for more equity or expensive debt.

Business owners and financial managers often need help in coming up with the ' perfect fit ' when it comes to asset financing. That means assessing the type of lease you should be in (capital or operating) and getting some help on the accounting and tax aspects of lease finance. All of those tend to be quite positive by the way!

As we said, blissful ignorance should play no part in asset acquisition finance. Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can help you navigate the equipt. lease world. A miracle financing drug? Almost!




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 :



7 PARK AVENUE FINANCIAL = COMMERCIAL EQUIPMENT LEASING


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