Tweet

Canadian Lease Financing - Maximizing the Benefits!

Guest post by: Stan Prokop

Article Overview: Lease Financing in Canada -The articles reviews Canadian equipment financing as a key strategy for Canadian business owners, with a focus on ensuring the lease maximizes the unique benefits sought by each Canadian firm .

Canadian Lease Financing - Maximizing the Benefits!

Canadian Equipment Financing is clearly one of a number of financing strategies that is employed by Canadian business owners and financial managers. This is clearly not a new financing solution, the benefits of lease financing in Canada have been touted for years.

Those benefits all revolve around your firm using the leased asset, becoming productive, and growing your sales and profits through the use, not the ownership, of the asset. Naturally if you utilize lease financing in Canada primarily for cash flow benefit you of course have the option of structuring your lease so that you own the asset also. The old saying of ' profiting through use, rather than ownership' has never been truer.

When we sit down with business owners and financial personnel to discuss their lease financing transaction, or their overall financing strategy for their firm we continually come back to the point that getting the right asset at the right price, and then properly financing that asset is clearly what lease financing is all about.

Every business today is challenged to be more competitive in the new global market , whether your firm is state of the art leading edge technology driven, or if you are a Canadian nail maker competing with off shore competitors in China . So utilizing the best, latest, and right equipment for your firm is what Canadian lease financing is all about.

There is no one lease financing solution for every business in Canada. Lease structures differ, different users focus in on different benefits they wish to achieve, and even governments utilize the strategy for different reasons. Many people are surprised to know that municipal, provincial and federal governments all utilize lease financing strategies.

In the past we have spoken of different firms, as noted above, focusing in on different lease benefits. We also need to point out that when your Canadian firm enters into a single lease, or perhaps an overall lease financing strategy that the transaction has implications on your taxes, you're accounting treatment of the lease and how the lease needs to be structured from a viewpoint of rate, term, etc.

Naturally everything we are talking about pre-supposes you will be approved for your lease transaction from a ' credit approval ' perspective.

Different aspects of your companies overall credit quality will affect the rate, term of your lease, and the amount of the approval. A down payment might be requested in some situations.

So what's our bottom line? It is simply that Canadian equipment financing is a valuable tool in any business owner's tool kit in Canada. Understand the benefits you wish to achieve, and work with a trusted lease advisor to ensure you maximize the lease benefits for your firm.

Related Articles
  Equipment Financing Specialist – Canadian Leasing Solutions
  A Perfect Cure? Why Canadian Business Equipment Finance And Asset Finance Via Leasing Create A Tipping Point For Success
  Canadian Do It Yourself Equipment Lease And Loan Advice – Commercial Business Financing
  Guilty As Charged ! It’s OK To Be Accused Of Exploiting Commercial Equipment Lease Companies In Canadian Business Financing
  Business Leasing & Equipment Finance – Do You Know These 4 Secrets Of Lease Financing ?
  Lease Financing Canada – Canadian Asset Financing Solutions
  Equipment Financing – Expert Advice for Canadian Lease Financing
  Commercial Business Equipment Leasing Services Provided by Financing Companies in Canada
  Canadian Equipment Leasing - How To Get The Best Lease Deal!
  Financing Equipment For Your Business? Canadian Leasing Options Demystified !
  Lease Financing Canada – Lease Partner for Best Rates and structures
  Canadian Leasing – Lease Equipment Financing for Canadian Business
  Lease Financing and Equipment Financing in Canada - Your reasons to consider
  Equipment Leasing – Canadian Financing Solutions
  Capture 3 Benefits Of Lease Financing – With Canadian Finance And Leasing Companies
  Is There A Hole In Your Leasing Finance Sidewalk ? Get A Canadian Lease Finance Company
  Lease Financing in Canada - Why is it a solid Financing Alternative ?
  Equipment Capital – Financing Options you didn’t know you had
  Equipment Leasing
  How To Obtain funding and best lease rates for Canadian Equipment Financing Needs

Article Tags: Canadian equipment financing, lease financing Canada



Related Forum Posts
re: restaurant start-up - I'm not sure about government grants for restaurants, but my recommendation would be to approach a lender that offers loans under the Canadian Small Business Financing Loan program where the government will guarantee 85% of the loan. You can borrow up to $250,000 to finance equipment and renovations under this program. Restaurants are very risky business, however some of the Chartered Banks will look at restaurants if there is enough of an initial equity investment and you have a solid business plan (experienced management team, good concept and strategic location).
Canadian Entrepreneurs...let's chat.... - I thought it would be nice to gather up all the Canadian entrepreneurs on one topic to discuss how everyone is getting along. I just realized Evan is Canadian as well! Hope he's able to join the conversation. Look forward to the chat. By the way, I'm in BC. Phil
Re: Meltdown in the Financial Markets - [quote="Kevin":3lnvm7h2]If the US is simply creating fake/"funny" money with their bailout, then I wonder why the Canadian dollar has dropped so badly? One Canadian dollar is suddenly worth only about $0.84 US now. It doesn't make sense to me.[/quote:3lnvm7h2] The Canadian dollar has dropped to about $0.80 USD... what kind of holiday shopping season will it be this year if this trend continues?
Canadian Entrepreneurs - Hi Evan, I think you should profile Anita from the Body Shop. Is she Canadian? It would be nice to get a Canadian perspective for all of us who are starting businesses in Canada. Do you find th stories of the entrepreneurs vary depending on country? Thanks for all these great stories - it helps inspire us! Jessica
Re: Meltdown in the Financial Markets - If the US is simply creating fake/"funny" money with their bailout, then I wonder why the Canadian dollar has dropped so badly? One Canadian dollar is suddenly worth only about $0.84 US now. It doesn't make sense to me.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

SEO Gurus, Software and Ebooks

Are You Fulfilled

The Death of the Sales Magazine

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.