Leasing Companies Save The Business World One Deal At A Time Via Creative Business Funding Solutions

Feeling Left Behind When It Comes To Asset Financing Solutions





OVERVIEW – Information on leasing companies in Canada . How does this method of business funding provide ultra creative solutions for asset finance needs


Leasing companies in Canada. When it comes to lining up all your firms’ asset financing choices do you sometimes feel a little left behind? That of course shouldn’t be the case - unfortunately it sometimes is.

Furthermore we maintain that there isn’t a more creative option when it comes to financing the asset or assets you need to run your business or take you to the head of the line in competitiveness. Let's dig in.


How then does the lease finance solution get truly creative when it comes to that ' one deal at a time ' finance solution? First of all let's make it clear that every asset category, even intangible assets such as computer software can be financed. Broadly speaking the asset categories that are financed everyday in Canada include manufacturing ' shop floor ' type assets, technology that includes computer, software and telecom assets, and rolling stock including trucks and fleets, etc. And we can put aircraft into that general category also.


When it comes to the right transaction for your firm it's all about credit/financing approval, rate, and structure. In Canada you can finance assets in 4 size categories - they include micro size, small, mid and large ticket lease. So whether it’s a laptop or fax machine ( is anyone still using faxes?!) or your newest corporate jet acquisition there is a finance solution for all.

Business owners like choices. There's no question about that, so when it comes to dealing with a lease finance partner you are comfortable with your choices are abundant. They include subsidiaries and divisions of Canadian banks, independent commercial finance firms, as well as captive finance companies associated with large manufacturers. Small transactions can be approved within hours, larger transactions due to size and credit approval issues take longer of course.

Although numerous benefits exist around the use of leasing companies for asset acquisition more often than not clients focus on working capital and cash flow issues they are challenged with - they want and need to acquire the assets in question - they are constrained by cost, budgets, access to business credit, etc.

The reality is that all credit quality issues can be addressed in lease business funding. Transactions that are related to your firm’s potential lack of credit quality are known as being ' structured' in nature. That simply means that you're still approved, however the rate or potential down payment might be higher.

Tremendous flexibility

exists around the actual payment structure of your transaction. Term sizes vary from 2 to 7 years, even longer for certain assets. Payments can be deferred for a reasonable period of time, or then can be either accelerated or ' step down' in nature... ie paying less during the initial asset acquisition period, and then ramping up as your firm generates the true benefits of the asset in question.

In certain cases operating leases can both enhance your balance sheet and reduce your payment and overall operating costs. ( Operating leases are ' leases to use ' as opposed to ' lease to own'.)

If your firm is looking for a quick way to both access and benefit from leasing companies and their solutions in Canada consider seeking and speaking to a trusted, credible and experienced Canadian business financing advisor who can ensure you're not ' left behind' when it comes to timely state of the art asset financing solutions.




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 BUSINESS LEASE FUNDING EXPERTISE







CONTACT:

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