Cash Flow Restricting Your Growth? Let Business Equipment Financing & Leasing Industrial Assets

Updated: March 29, 2011

Most business owners and financial managers in Canada prefer certainty when it comes to business financing. Equipment financing and leasing brings that predictability. Why is that? Simply because if you have chosen your asset properly (we'll leave that one up to you) and matched the asset with the right type of business equipment financing then you have just succeeded in closely matching the cost and cash outlays to the benefits you will receive from the asset - whether that be high end industrial equpment or the latest computer or telecom technology.

Again we come back to restrictions you face on acquiring those assets. And this time the evil doer is 'the budget'. In talking to clients about lease finance and their strategies they employ they are often stymied by the budget cycle. Again, this applies to every type of corporation, large and small, it's just that the big boys probably have a bit better handle on the planning and documentation around a budget.

But does budgeting have to restrict your success. We don't think so, and that's why equipment leasing comes to your rescue. When your company budget doesn't not allow for either the size of an asset or the timing of the acquisition to work the way you want it to then business equipment leasing should become the solution of choice.

Why? It doesn't get any simpler. You can acquire assets of a significantly higher size by focusing on monthly payment and not total expenditure, and there are tens of ways you can adjust payments to reflect beating that budget. Payments can be temporarily deferred, lowered in earlier term of the lease, and if you choose an operating lease then your asset doesn't even get impacted by the budget cycle. That's because the monthly lease payment is treated as an operating expense within your operating budget.

Featured Research
  • Eight Ways You Should Be Using Contact Center Reporting

    Every day, your contact center collects critical data that can be used to drive strategic improvements to your efforts in the future. But that data is meaningless if you don’t know how to access and analyze it. The key to do doing both is using reporting features. By understanding how to use reporting tools, you will gain much greater insight from the data you are collecting. more

  • Is Your Phone System Stealing Profits?

    Having the wrong phone system can dramatically cut into your profits. Despite this, many businesses just sign up for a plan or platform that seems ‘good enough’. If you haven’t carefully considered your options and the included features, there’s a very good chance that you are leaving money on the table in some way. more

  • Best Video Conferencing Features for Business

    Most businesses are currently underutilizing their video conferencing software because they aren’t aware of the different ways it can be used. Understanding the different features of video conferencing software can be critical to getting the most out of your investment. These features often vary from one option to the next as well, so it's important to do your homework before choosing a specific service. more

  • Phone System Technology Showdown

    VoIP and IP telephony are often misconstrued as being the same type of phone system, but the truth is they operate on different technology and deployment methods. This guide will explain the differences between VoIP and IP, go into the pros and cons of both VoIP and IP-PBX, and give insight into which type of phone system will benefit your business the most. more

  • 8 Ways the Cloud is Changing ERP for the Better

    What if there was a tool available that allowed for you to save up to a quarter of your operational costs? Studies have shown that Enterprise Resource Planning (ERP) solutions enable businesses to access accurate, real-time information about daily operations which allow for the reduction of operational costs of up to 23% and administrative costs of up to 22%. more