Business Leasing Companies In Canada . It’s Not A Secret World When It Comes To Commercial Equipment Financing Options

No Lame Excuses When It Comes To Lease Financing Strategies And Solutions

OVERVIEW – .Information on business leasing companies in Canada . Commercial equipment finance options are abundant if you know the who and how !



Business leasing companies in Canada. When we talk to some clients abut commercial equipment finance options it's almost as if they feel there’s a secret world out there that they have not been brought into. Does that have to be the case? Absolutely not. Let's dig in.

All industries in Canada lease or finance assets. While it might be true that certain larger more sophisticated transactions require some heavy duty expertise it certainly isn’t the case for the mainstream of business asset finance needs.

Canadian business owners and financial managers simply have to have some basics under their belts, so to speak, when it comes to understanding the current leasing marketplace in Canada.

In certain cases it might be some useful knowledge about documentation surrounding the lessee’s rights and obligations - in other instances it might simply mean that a bit of knowledge can save you a lot of time, and money around entering into the right lease transaction - or perhaps substituting that decision with a loan or a bridge loan. Even sale leaseback strategies require a certain amount of expertise that will always save you time and dollars when learned properly.

Many larger corporations and government bodies actually ' tender' their lease financing needs. Other firms simply ' shop around ‘, which also has its drawbacks when it comes to your financial disclosure out in the marketplace, etc.

Do all lessees in Canada understand the true benefits of business leasing? While certain benefits are tried and true and always there -ie conservation of capital, quicker approval, obsolescence hedge, etc there are numerous other benefits , some of which might actually border on intangible that the lessee should be aware of in certain circumstances. The sad reality is that in certain situations lessees think they know the benefits of asset finance - but fail to understand them through poor use of both knowledge and negotiating.

You can spend a lot of time these days on exhaustive ' lease vs. buy ' analysis when it comes to fixed asset acquisition - and having the right tools to make a proper balance decision is key. And it’s not as complicated as you think.

While the Canadian business owner and manger is trying to save money your lessor is trying to make money! All businesses are of course entitled to reasonable profits to exist, but in the case of asset finance it’s critical to understand exactly how the lessor profits and benefits - which occasionally can be at the lessee’s expense. And why is that? As we have said, misinformation or lack of information.

Is it all about rates / interest rates in commercial equipment financing. Clients certainly seem to think so. We don’t. That’s one aspect of the puzzle, but there are many more - including type of lease you enter into, end of term options, upgrade strategies, and on it goes.

If you want to maximize your interaction with business leasing companies in Canada consider seeking out a trusted, credible and experienced Canadian business financing advisor who is an expert in asset finance solutions. It doesn’t have to be that ' secret world '.




BUSINESS LEASING COMPANIES



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 :

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

Canadian Equipment Financing . When And Why To Consider Business Leasing Companies For Funding Your Corporation

Equipment Leasing In Canada – Timing And For The Right Reasons !


Information on Equipment financing for Canadian companies . When and why to use business leasing companies for your funding needs .


Equipment financing in Canada. Let's discuss when... and why you should utilize business leasing companies for Canadian asset finance.

The motivations behind equipment leasing in Canada vary by client. The reality is, and many don't look at it this way, is that the motivators are actually economic and non economic, depending on the circumstances within each client. We find that many are surprised to hear that banks and insurance companies utilize lease finance on a very significant basis. Our clients can be forgiven when asking ' why would a Canadian chartered bank, with all the cash in the world (or at least most of it ! ) consider business leasing companies for their asset acquisitions?

Clearly it’s a case of non- economic for them, they rely on this method of asset acquisition as a way to address areas such as the ability to control technology for example, in their computing and telecom needs.

The equipment leasing industry in Canada is exceptionally robust and competitive this day. We actually think half the battle knows which firm, or advisor will best suit your various needs when it comes to pricing issues, cash flow structuring, accounting and tax implications, etc.

Again, the Canadian business owner and financial manager can be forgiven also for not knowing where to turn to when it comes to the various firms that have specialization in small ticket transactions, medium sized deals, and lease financing transactions in the multi million dollar ranges. It goes without saying that no one firm can be all things to all business. That is for sure.

The actual economic of why your firm leases, and when it leases are critical. You have to be in a position to have done, or be willing to do, some analysis on what aspects of equipment financing are most important to your firm. The bottom line? It's that you need to figure out what’s important to your company, whether its cash flow management, payment seasonality, tax benefits, the ability to ' refresh ' assets, and in many cases bundle in all sorts of other costs such as delivery, installation, maintenance / support, etc. It is then you are in a position to move forward with your equipment finance strategy.

What are then some of the other key points when it comes to why you should consider working with business leasing companies?

Those other points to consider might be as follows: You want to be in a position to match cash outflows with the useful life of the asset. In telecom and computing that is critical. In other cases it might be of primary importance to achieve a low lease rate inherent in the transaction - when benchmarked against your own firms cost of capital this alone is a solid reason to finance via lease.

If you are in a medium sized or larger firm the way your management is measured might make it a great idea to lease assets, as EBITDA and ROI calculations might factor into your managements or owners compensation criteria. That’s not our favorite, but it's a reality!

New accounting rules in place might make it more difficult these days to achieve true off balance sheet financing - but just the lower rates and monthly payments in an operating lease, plus the ability to return, upgrade or extend alone still make this option feasible and viable for your firm .

So we guess it's all about timing, knowing when and why your firm should utilize equipment financing from Canadian business leasing companies. Speak to a trusted, credible and experienced Canadian business financing advisor who can assist you to achieve maximum use of those ' when' and ' why ' criteria.




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 7 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/equipment_financing_business_leasing_companies.html