Still Not Leasing For Business ? Commercial Equipment Financing In Canada (Small or Large ) Will Change Your Mind

We want to know. What would make you change your mind about a Canadian business financing strategy or policy that works for 80% of all companies in Canada? We’re talking about leasing for business... commercial equipment financing for small business or large corporations.

Lets explore some reasons and advantages by the way, that would allow you to discover or re discover equipment finance in the Canadian marketplace.

Traditionally it comes down to your money, or theirs. Your money is of course the equity or operating funds that you have in the company already. ‘Theirs ' is of course funds you borrow. When it comes to acquiring a commercial asset of any type, from photocopier, computers, plant equipment, or corporate jets it's going to always come down to that proverbial lease or buy situation.

However, like and business owner or financial manager you have criteria to fulfill when it comes down to that finance decision. And boy has commercial equipment financing in Canada changed over the years. It has become a viable finance tool providing competitive rates and structures to every size of firm in Canada, from a 1 person start up to firms the size of General Motors.

There are a number of fundamental reasons why leasing for business makes sense - one good one is simply that it becomes in effect a partnership with your lessor lease firm, who typically have a lot of expertise in asset acquisition and disposition. (Don’t forget that all leases have an end of term, and that’s where some sophisticated help on purchasing, refinancing, or disposing of the asset can really help.

But do the key tools that equipment financing provide you with always make sense for your firm. We are fairly sure they more often than not will, but let’s examine some of those key features and benefits.

Not the lease of which is of course the concept of 100% financing .Oh yes, on occasion this might mean a down payment or a security deposit, etc but in general you are being offered a commercial equipment financing mechanism that will take care of 100% of your asset acquisition. But that’s not it... many of what the industry calls soft costs can also be bundled into this same financing solution. Typically some of these costs are installation, shipment, consulting or training, etc.

We spoke of all types of assets that can be financed. Technological type assets are the ones that make the most sense to finance - we're talking items such as computers or telecom equipment, which tend to be larger in size, and also subject to technological obsolescence.

By budgeting your cash flow today at a fixed rate, and estimating the useful life of your asset you are creating a perfect hedge against the risk of assets depreciating, becoming obsolescent, etc. In effect you've created a transaction whereby you have effectively transferred the risk of asset deprecation to your lease firm.

Other key benefits of leasing for business include management of cash flow and working capital, and if you utilize an off balance sheet operating lease both payments can be lowered and flexibility enhanced.

So... have we changed your mind? We hope so; at least we're sure we have given you some ' food for thought ' on a commercial equipment financing philosophy that should make sense for your firm.
Want to know more in what can sometimes be a complex business asset financing acquisition? Seek and speak to a trusted, credible, and experienced Canadian business financing advisor who can give you peace of mind in business asset acquisition.

Guaranteed Powerful Equipment Leasing Tips For Canadian Companies Financing Large and Small Assets

As a Canadian business owner or financial manager you would prefer to have the inside track on equpment leasing and financing companies in Canada. How would that inside track benefit you on asset acquisitions both small and large?

Well for a starter you would have a strong sense of when this type of financing is appropriate, where does the financing come from as it relates to your firms needs, and what is the best use and cost for this type of financing. The bottom line? You are simply looking for an ease of acquisition Canadian business financing strategy.

Let’s get you going on both the inside track and the fast track! Let's start with a typical situation many of our clients find themselves in. Business isn’t bad, but it isn’t great. You see the potential to significantly grow revenues and profits with the addition of new equpment. This new equipment gives you the opportunity to grow.

Where do business owners go when they need such financing. Typically most owners consider Canadian chartered banks. If you can achieve bank term loan financing and can support your transaction with strong financial statements and good personal credit that is a viable option.

However, many business owners find themselves ' cash poor ' and not always able to meet more stringent bank criteria. Enter equpment leasing companies! Your best bet for financing / leasing long term assets.

Why is the equipment leasing strategy so powerful and virtually guaranteed? Powerful for many reasons - some of the key ones being that you can often achieve 100% financing of the asset, the approval time compared to other types of financing is basically ' rapid ' to say the least, and finally, it a whole separate subject in some cases, but its safe to say that many accounting and tax benefits accrue to this type of financing of small and large assets.

Can we add anything else to our ' power strategy ' on the offering of equpment leasing companies - We sure can. This financing is flexible. Payments and overall structured are geared to making your transaction work in the best economic light.

We once read that equpment leasing approvals are more ' adventurous ‘! We're not so sure that is the best use of the term, but what we can say is that your chances of getting a lease approved is significantly higher than almost any other type of financing you could get for those new large or small assets .

So whats the best way to implement power strategies for Canadian equipment leasing and financing. You need to know that equipment leasing companies focus on the following - your years in business, your industry, the type of equipment you are financing, and the general credit quality of your company. In many cases for smaller transactions only one simple application is required. Larger assets will require some financial due diligence on your financials and prospects, but approval still comes as quickly more often than not.

Want to improve your chances of equipment leasing companies approving the financing you need be it small or large. Simply talk to an experienced, trusted and credible Canadian business financing advisor in the area of equpment leasing and financing - you'll get tips and strategies on achieving the best and easiest type of business financing in Canada.

P.S. Remember, whether is 5K, or 5000K, no transaction is too small or large!

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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 50 Million $$ of financing for Canadian corporations .Info re: Canadian business financing & contact details :

http://www.7parkavenuefinancial.com/equipment_leasing_companies_financing_small.html