Advantages of Leasing

The Advantages of Equipment Leasing

A powerful financial tool which offers freedom and flexibility

Our simple and efficient leasing process will help you quickly acquire the equipment your business needs in order to function. Whether you have an established business or a start-up, new equipment can help increase revenue. Leasing your new or used equipment can improve cash flow resulting in a much more effective operation.

Our equipment leasing program offers the following advantages:

Accounting & Tax Advantages

Equipment lease payments can be deducted as business expenses, reducing the net cost of your lease. Most leases will even allow you to write-off the full payment.
You may expense lease payments instead of depreciating them as a capital cost. Debt to Equity ratios are also unaffected because the equipment is kept off of the balance sheet.
With purchasing or financing the federal and provincial sales taxes must be paid upfront, but with leasing the sales tax is spread over the term of your lease.
Leases typically do not require a down payment, 100% of the purchase price is financed.
Preserve your capital and bank line of credit for day-to-day operating expenses and unforeseen emergencies.
Make small monthly payments rather than take a loan or have a large cash outlay.

Flexible Payment Terms

Payments can be arranged according to your expected seasonal earnings.
Control the turnover and cost of your equipment.

Higher Rates of Approval

We can approve most leases in as little as 15 minutes. Banks often take days, even weeks to respond to your request.

Leases are often easier to obtain and have more flexible terms than loans, making it the perfect option for those that have credit issues.
Quickly acquire new equipment as it is needed.

Variety of Leasing Options

We offer more than 8 leasing options which can be customized by our expert equipment leasing advisors to meet your growth and profit objectives.
Upgrade equipment by returning it and trading-up.
Obtain the use of a piece of equipment for short term contracts.
Maintain your competitive edge and not be left owning unused equipment at the end of a job or contract.
Protection from equipment devaluation or obsolescence.