Asset Financing Dead As A Doornail ? Let An Equipment Lease Company Revive Your Business Finance Challenges

Is Equipment Lease Financing The Magician You’re Looking For Re: Asset Finance Needs?


OVERVIEW – Information on the equipment lease company solution in Canada . Why this method of asset financing continues to gain traction for Canadian corporations





Asset Financing. Could the Canadian Equipment Lease company be the ' magician ' that turns your asset financing challenges around? We think it does, in more ways than one - and we'll prove it. Let's eliminate that ' dead as a doornail ' feeling around business financing . Let's dig in.

Every Canadian company in Canada is a candidate for lease finance solutions. From the start up to the country's largest corporations - all of them have utilized lease financing. North American stats show that over 80% of companies employ this asset finance strategy.

The lease marketplace in Canada is extremely robust. Whether you firm can command rock bottom rates for large ticket transactions, or alternatively if you have financial challenges a lease transaction can always be structured.

Is it the perfect solution all the time? We're a bit biased , but we recognize that for some companies issues such a pride of ownership, the desire to maximize the residual value of the asset, or wanting 100% control of every aspect of the asset over its useful equipment life are prime .

But, if you concerned about issues such as:

Technology obsolescence
Limited use of assets for a specific period of time
Capital preservation
Credit / Financing approval
Budget limitations and cash flow and working capital issues
Flexibility during the term of use of the asset


Let’s just say that - Welcome to the world of equipment finance

So how does the magic come about when you're looking for the optimal asset financing solution? First of all, pretty well every lease company in Canada wants your business (some might not be perfectly suited for your firm - but they probably still want your business!) - The industry is flourishing and robust in Canada.

Rates in lease finance are always commensurate with credit quality - and even Canadian chartered banks for the most part aggressively participate in this method of business asset financing. Bank lease rates are among the most aggressive in the country. If you company has a clean balance sheet, profits, and good predictable cash flows you are in the enviable position of commanding low rates and amortizations that can go anywhere for 2-10 years in most cases . (Typical lease terms tend to be 3-5 years).
But didn’t we say that everyone is pretty well a candidate. So if your firm has credit and financial challenges lease transactions can still be structured to meet your needs.

How does your firm engage in the ' magic ' when it comes to process? You can approach a lessor directly, solicit bids via tender (government and large corporations often do this, or you can solicit the services of an experienced and credit business financing advisor with lease finance expertise.

Issues such as credit finance approval, type of lease you choose, ensuring competitive rates and structures can easily mystify or distract the business owner/manager -. That's the time to get some solid expertise. Issues such as documentation, tax issues, balance sheet implications, etc seem boring but have a large impact on the ultimate success of your asset financing strategy.

So, can the Canadian equipment lease company put the magic into your asset financing success? Thousands of companies day in and day out can't be wrong. Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist.


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 = Canadian Equipment Financing Expertise






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