Equipment Financing
Lease-to-own or finance operating equipment you need for your Canadian business:
Benefits of Leasing
Keep your cash and credit lines available
Manage your resources with off balance sheet financing
Leasing does not affect your debt:equity ratio
Using a credit line for a capital equipment purchase should never be your first option.
Credit lines should be reserved for unexpected expenses, downturns or emergencies like a pandemic.
Pay less taxes
The entire lease payment can be considered an operating expense, resulting in less money due to the CRA at tax time
Pay as you earn money with the equipment
Pay for the equipment with the profit it produces
Payments are fixed and therefore do not change if market rates change
Avoid Obsolete Equipment
Stay on the cutting edge by trading in or upgrading your equipment at any time during the term of the lease
Flexibility
Select the payment schedule best-suited to your business and cash flow cycles; annual, semi-annual, monthly, bi-monthly
Defer the GST/PST/HST
Sales tax is not paid up front, but spread over the term of the lease
Head Office
#201A,17220 Stony Plain Rd
Edmonton AB
T5S 1K6
Contact us today for more information about equipment financing. You can also apply online today or request a quote.