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The best equipment financing option in Canada continues to be equipment leasing as a great way to maximize cash flow and over all cost effectiveness for new asset acquisitions. The other significant advantage of a lease equipment strategy is the ability of this type of financing to gain financing creativity based on the needs of your Canadian firm. In Canada corporations of all size, including the government by the way, utilize leasing as a financing option.

However, financing the purchase of the latest equipment poses a challenge. Obviously, computers and other hi-tech gadgets will require an expensive amount of budget and for a newly start-up business, that can be an issue. However, limited financial resources should not be a hindrance for anyone who wants to start a business. In fact, many successful business owners today have started with just a small working capital in hand. How did they manage to get on with the business? Through equipment lease financing.

The whole issue of equipment leasing for Canadian asset acquisitions quite frankly revolves around the ‘ right ‘ lease, and, as importantly, your leasing firm partnership. Properly structured leases create a win / win scenario for all parties to the lease – namely the equipment vendor or manufacturer, your firm, and of course the lease finance company.We are often somewhat disappointed when clients are only focusing on ‘rate ‘, because in a large number of cases overall lease amount approval, structure of lease, and type of lease chosen have significantly more importance that the ‘rate ‘. ‘What’s my rate ‘is not an effective way, we believe, to enter into a lease negotiation. Naturally having said that, a rate must be commensurate with your overall credit quality – as credit quality, combined with the asset collateral, drives the final rate decision.

Sales tax capitalization also gets added to the payments which are made monthly. It is important to you read the fine prints carefully before opting for these lease schemes. Check out for any costs which are hidden in the fine prints and which have not been printed. There are many other unprincipled fees in the form of registration fees, title fees and sales tax which get added.

We strongly recommend that you utilize the services of a lease financing expert who has credibility and experience. That will translate into your firm capitalizing on one of Canada’s great alternative financing strategies – ‘Equipment Leasing ‘.

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