YOUR COMPANY IS LOOKING FOR EQUIPMENT FINANCE!
FINANCING COMMERCIAL EQUIPMENT IN CANADA
You've arrived at the right address! Welcome to 7 Park Avenue Financial
Financing & Cash flow are the biggest issues facing business today
ARE YOU UNAWARE OR DISSATISFIED WITH YOUR CURRENT BUSINESS FINANCING OPTIONS?
CALL NOW - DIRECT LINE - 416 319 5769 - Let's talk or arrange a meeting to discuss your needs
EMAIL - sprokop@7parkavenuefinancial.com
7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Oakville, Ontario
L6J 7J8
Asset Financing. Could the Canadian equipment leasing company be the ' magician ' that turns your asset financing challenges around? We think it does, in more ways than one - and we'll prove it. Let's dig in.
ALL CANADIAN BUSINESSES ARE ELIGIBLE FOR LEASE FINANCING
Every Canadian company in Canada is a candidate for lease finance solutions. From the start-up to the country's largest corporations - all of them have utilized leasing companies for their capital needs.. North American stats show that over 80% of every company employs this asset finance strategy - the equipment finance lease. A business loan is also a potential solution, but that type of transaction eats into your business credit facilities and puts long term debt on the balance sheet.
LEASE FINANCE COMPANIES ARE VERY COMPETITIVE IN TODAY's ECONOMY
The leasing company marketplace in Canada is extremely robust. Whether your firm can command rock bottom rates for large ticket transactions, or alternatively if you have financial challenges a lease transaction can always be structured. New equipment, as well as used equipment assets, can be financed - Any used equipment transaction should be via a Business to business sale, i..e not a private transaction. An example of popularly used equipment transactions are things such as leasing machinery or construction equipment.
LEASING VERSUS BUYING VERSUS BUSINESS LOAN? WHAT SOLUTIONS BEST SUITS YOUR FIRM
Is leasing equipment in Canada the perfect solution all the time? We're a bit biased, but we recognize that for some companies issues such a pride of ownership, the desire to maximize the residual value of the asset, or wanting 100% control of every aspect of the asset over its useful equipment life is a prime consideration. Many companies perform a lease versus buy analysis on a larger transaction which takes into effect lease terms, rates, cash flow, end of life issues, etc,
ARE YOU CONCERNED ABOUT ANY OF THESE ISSUES? IF SO ASSET FINANCE IS FOR YOUR FIRM!
But, if you concerned about the issues below - Let’s just say that - Welcome to the world of equipment finance solutions
Technology obsolescence
Limited use of assets for a specific period of time
Capital preservation re: cost of the equipment
Credit / Financing approval - interest rate concerns
Budget limitations and cash flow and working capital issues around monthly payments
Flexibility during the term of use of the asset
So how does the magic come about when you're looking for the optimal asset financing solution? First of all, pretty well every leasing company in Canada wants your business (some might not be perfectly suited for your firm - but they probably still want your business!) - The industry is flourishing and robust in Canada.
COST OF FINANCING - LEASE RATES
Interest Rates in lease finance are always commensurate with credit quality - and even Canadian chartered banks for the most part aggressively participate in this method of business asset financing. Bank lease rates are among the most aggressive in the country. If your company has a clean balance sheet, profits, and good predictable cash flows you are in the enviable position of commanding low rates and amortizations that can go anywhere for 2-10 years in most cases. (Typical lease terms tend to be 3-5 years).
FIRMS OF ALL CREDIT QUALITY CAN BE FINANCED
But didn’t we say that everyone is pretty well a candidate? So if your firm has credit and financial challenges lease transactions can still be structured to meet your needs.
How does your firm engage in the ' magic ' when it comes to process? You can approach a lessor directly, solicit bids via tender (government and large corporations often do this, or you can solicit the services of an experienced and credit business financing advisor with lease finance expertise.
WORK WITH AN EXPERT SUCH AS 7 PARK AVENUE FINANCIAL
Issues such as credit finance approval, the type of lease you choose, ensuring competitive rates and structures can easily mystify or distract the business owner/manager. That's the time to get some solid expertise. Issues such as documentation, tax issues, balance sheet implications, etc seem boring in the immediate short term, but have a large impact on the ultimate success of your asset financing strategy. Equipment leasing via 7 Park Avenue Financial helps guarantee you the right type of transaction structured to your needs.
CONCLUSION
So, can the Canadian equipment lease company put the magic into your asset financing success with respect to your business needs? Thousands of companies day in and day out can't be wrong. Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist.
Click here for the business finance track record of 7 Park Avenue Financial
Stan Prokop
7 Park Avenue Financial/Copyright/2020/Rights Reserved
