YOUR COMPANY IS LOOKING FOR FINANCING FOR
TECHNOLOGY ASSETS!
I T COMPUTER AND EQUIPMENT LEASING AND FINANCING
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
Information technology, and in particular ' IT ' Computer financing in Canada doesn't need to be ' cringe worthy ' when it comes to putting the right finance solutions in place for your computer, software, telecom and other needs in today’s ultra-rapid pace of tech change.
So it would seem your firm might just benefit from a ' sidekick ' shall we say in addressing those financing needs. We suppose that's us, so let's dig in.
EQUIPMENT LEASING / EQUIPMENT FINANCING SOLUTIONS ARE THE MOST USED FUNDING OPTIONS FOR TECHNOLOGY ACQUISITION
One of the most common solutions to acquiring and financing technology has historically been leasing. It's been around almost before the Dead Sea even was ill. And the benefits have always been the same.
KEY BENEFITS OF FINANCING YOUR TECHNOLOGY NEEDS
The industry summarizes these as:
Asset obsolescence management
Cash flow preservation
Ability to upgrade assets as you require
Pre-negotiated 'End of term' options that make sense for the lessee
Customization and Flexibility
It's therefore not hard to see how these key benefits, almost timeless with this type of financing fit nicely into Information technology financing.
MANAGING BUDGETS AND CAPITAL EXPENDITURES
Budgets are a key part of any company (large or small) tech finance asset strategy. Sometimes these budgets have timelines that make computer financing for hardware and software needs challenging. Lease financing allows the business owner and financial manager flexibility in managing that budget, both in terms of funding and timing.
THE ABILITY TO ADAPT TO NEW TECH NEEDS
The ability of your company to adapt to new technologies and finance them at the same time will always be a top priority for businesses in today’s highly competitive environment.
MANAGING YOUR TAX AND ACCOUNTING ISSUES
Numerous ' accounting ' issues tend to somehow ' pop up ' when it comes to ' I T ‘asset acquisition. This might be items such as ' depreciation', ' off-balance sheet ' accounting for operating leases, book values, etc. It's always smart to consult both your accountants or an experienced Canadian business financing advisor who can assist you with the proper handling of those issues.
DON'T GET LOCKED INTO FINANCING THAT IS NOT FLEXIBLE
One of the biggest mistakes that a company can make is to be unwillingly, or ' unwittingly’ locked into computer financing situations that offer no flexibility. In a perfect world, you want to strive for the ability to ' scale ' your investments in tech while at the same time knowing you can either ' lock-in' or grow at any given time. Lease financing more often than not, properly structured, offers those options.
DOES A CAPTIVE FINANCE COMPANY MAKE SENSE
When you require technological assets it's of course key to select the right vendors and suppliers. While sometimes the vendor and finance solution is separated, in many cases it makes sense to use the ' CAPTIVE ‘finance solutions of your vendor which offer your firm a total one-stop solution.
Knowing you have legitimate vendors and lease and finance contracts that are understandable and make sense is key to solid tech financing success.
CONCLUSION
Simply speaking the right assets and the right financing will help you achieve maximum RETURN ON INVESTMENT - ' ROI '.
‘CRINGING ' doesn't need to be a part o your information technology thought process. Find that ' sidekick' you need by seeking out and speaking to a trusted, credible and experienced Canadian business financing advisor with a track record of success in IT Computer financing in Canada. Let 7 Park Avenue Financial be your tech finance sidekick!
Click here for the business finance track record of 7 Park Avenue Financial
Stan Prokop
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