If you re looking to secure an equipment leasing solution for your canadian based business and you re not sure how to get a workable lease agreement in place then you ve definitely come to the right place.
Equipment lease rates canada.
You can expect to see anywhere from high single digits to double digits so it makes sense to shop around before you commit.
Most equipment leases come with a fixed interest rate and fixed term but interest rates and terms can vary depending upon the leasing company and your credit profile.
Our financing solutions for manufacturing equipment have several advantages for dealers as well as for their clients.
The 1 buyout lease a capital lease in which the lessee makes fixed payments each month and then has the right to purchase the leased equipment for 1 at the conclusion of the lease period.
With our calculator you can choose from three of the most popular equipment lease types to calculate your payments.
Equilease is an established lease financing company founded in toronto in 1991.
Equipment priced less than 100 000 usually comes with a higher finance rate anywhere from 8 to 20.
Equipment financing rates are determined based upon the size of the lease your credit score and payment history and where your business is located.
Unless rates are outrageous it makes very little difference what actual rate you pay for your equipment.
By comparing these amounts you can determine which is the better value for you.
A preferred financing method is leasing.
If you bought from a dealer at a 5 rate over 5 years your payment would be 1 400 a month.
With pre approval from fcc you re good to go.
Your business needs are constantly changing and you need a financing partner that can evolve with you as you grow.
Free lease calculator to find the monthly payment or effective interest rate as well as interest cost of a lease.
Why heavy equipment leasing rates matter less than you think.
Advantages of equipment leasing for dealers.
Also gain some knowledge about leasing experiment with other financial calculators or explore hundreds of calculators addressing other topics such as math fitness health and many more.
Accelerated sales cycle increasing the rate of inventory turnover.
Lease new or used equipment through hundreds of dealerships across canada.
We calculate your monthly payments and your total net cost.
From the desk of.
Looking for the right equipment and more financial flexibility.
Brent finlay business financing specialist call 289 816 0075.
Use this calculator to find out.
Lease calculator canadian should you lease or buy equipment.
Financing manufacturing equipment is easy with hitachi capital canada corp.
