Once you have selected the appropriate product, the acquisition simply becomes a matter of affordable monthly or quarterly payments. No appointments and long meetings required.
Preserves Existing (and future) Credit Lines
Lease financing enables you to acquire the equipment you need, without tying up bank credit lines.For companies that require short term borrowing capabilities, lease financing can be a tremendous advantage.
Term and Payment Flexibility
No two businesses are alike; and leases can be structured to suit your unique requirements.This means that the term and frequency of payments can be customized to suit your own unique business cycle.
Tax Advantages Lease payments are tax-deductible, subject to Revenue Canada guidelines. This means that by leasing instead of arranging a loan or paying cash, you can reduce the amount of tax that you pay.
