YOUR COMPANY IS LOOKING FOR LEASING OPTIONS FOR EQUIPMENT !
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 - INFO@7parkavenuefinancial.com
7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Phone = 905 829 2653
Fax = 905 829 2653
Email = firstname.lastname@example.org
Leasing Financing in Canada. Does it sometimes feel that your fixed asset needs are travelling in Super Slow Motion? That undesirable speed doesn't have to be the case in equipment finance. Let's dig in.
Successful Canadian business owners and managers in Canada recognize that at certain times in their business cycle they need to obtain the right assets to grow and operate the company. They are of course restricted for many reasons, one of them being: Cash!
You may be dealing with a number of different suppliers and vendors that are critical to your business - they include your technology needs as well your manufacturing and rolling stock.
In many cases it makes tremendous sense to seek out financing from the actual vendor itself. Larger successful brand name firms often offer in house financing for their products and services. They might be doing the lease financing themselves, or partnering with a financial institution to make the acquisition easy.
Even your firm could do this with your own products /services by the way if that is common in your industry, but that's a subject for another day.
One of the challenges for firms who utilize asset financing via leasing is the issue of who to deal with. No knowledge of the industry players will have you potentially dealing with companies where you won’t meet their approval criteria. Other factors include the dollar size of the transaction, the nature of the asset you are financing (that’s where specialized players in equipment finance make sense) as well as geographical limitations.
In some cases it makes a lot of sense for you to investigate operating leases. That makes tremendous sense when looking for financial solutions for needs such as technology, or for your truck and car needs. That solution allows you to lower acquisition cost, monthly payments, etc. You're using the assets with the intent of not owning them when you're considering an Operating Lease.
One other area to ' beef up ' your knowledge in equipment finance is the area of terms and documentation. Here's where some good information and advice can save you thousands of dollars around your rights and obligations in a lease.
Top experts in the field say that at the end of the day you should have three goals in leasing financing:
Getting the access to capital that you need to grow your business and maintain the competitive edge
Risk avoidance re obsolescence of assets, interest rates, etc.
One final tip - Consider a lease line of credit option. One initial approval process can allow you to be pre-approved for all your asset finance needs. That allows you to focus on putting those asset finance needs into ' warp speed ‘... not slow motion.
Seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of success who can assist you with your leasing financing needs.
leasing financing equipment finance