Equipment leasing is a powerful financial tool that can help you run and develop your business.  Successful businesses use lease financing for many of their equipment purchases.  With the ability to lease just about any type of equipment, leasing can help you conserve cash, preserve lines of credit and keep your business on the leading edge. 

Leasing Benefits

• Leasing can provide up to 100% financing of the equipment cost.
• Flexible repayment options are available to satisfy your unique budgeting requirements.
• Working capital and credit lines remain free for other uses, such as increased investment in inventory or employee training.
• Leasing allows you to hedge against inflation; equipment at today's prices is paid for from future earnings.
• Simplified budgeting and accounting with fixed payments.  Lease payments are possibly 100% tax deductible.
• Avoid equipment obsolescence with the ability to upgrade technology at anytime during the lease term with minimal adjustments to your payments.

Consider the Advantages

Conserves Capital
Leasing is essentially 100% financing and requires very little outlay for the 'purchase' of the equipment. You can immediately take advantage of the product without using existing capital or credit.

Preserves Existing Credit Lines
Leasing is an alternative credit source and does not interfere with established credit lines. In effect, it expands available working capital.

Equipment Cost to Revenue Flow
Leasing allows you to pay for the product as it is being used by the business, which means that the GST and PST are paid out over the term of the contract rather than one lump sum.

Limits Corporate Liability
Typically, no other assets of the company are pledged as collateral for the lease. The commitment is limited to the equipment rather that the entire company.

The Tax Advantage
Lease payments can be 100% deductible. Check with your accountant as to your own situation.

Simplifies The Accounting
A lease is a fixed cost, which does not change over the term of the contract which allows for accurate bookkeeping and minimal administrational requirements.