Equipment Leasing and Financing
Get the best leasing and financing options for your equipment
We have developed a specific expertise for all kinds of equipment leasing through our extensive experience. This allows us to better understand our customers' needs, identify the best leasing opportunities, and help them achieve their goals.
What is Leasing?
Equipment leasing is a comprehensive financing option designed to help businesses obtain the equipment they need while keeping costs low. From machinery and heavy tools to vehicles, leasing allows you to purchase necessary items with minimal up-front costs.
A lease agreement is an agreement between three parties: the lessee (the tenant), the lessor (the owner of the property), and a third party (the seller of the goods).
Equipment leasing: a tool for your business growth
Leasing is an easy and effective solution for financing equipment. It provides financial benefits that allow companies to carry out growth operations that, otherwise, would be difficult to achieve.
Benefits of Equipment Leasing
Keep your bank borrowing capacity
Using leasing will not reduce your creditworthiness in the eyes of the banks. In practice, when you lease equipment, it is not counted in your overall borrowing capacity, allowing you to maintain financial flexibility while obtaining all the equipment you need to grow your business.
Benefit from tax deductions for your payments - 100%!
Because they are lease payments, your monthly payments can be fully tax-deductible as an operating cost. This is a huge tax advantage that businesses can leverage to maximize profitability while securing the tools they need to grow.
Quick approval
We are confident that we can provide you with an authorization within 48 hours, often the same day. We process every request as quickly and efficiently as we can.
Sales tax spread on the lease term
By transferring the ownership of your equipment to us, our lenders pay the tax for you on your behalf. This enables you to maintain that money within your cash flow and spread out payments over a period of time without worrying about any taxes due up front.
Get the best equipment financing conditions for your business needs
Explore our fast, easy and straightforward options to help your business grow.
Equipment leasing: what can you finance?
Our financial services allow us to lease a variety of equipment.
We have customized solutions for each industry and take into account the particular needs of your project.
Fincap Financial Group specializes in equipment leasing, and offers a variety of services for a wide range of industries, such as construction, transportation and logistics, and agriculture sectors.
Check our complete list of industries and eligible equipment for financing
We offer solutions for all kinds of companies, businesses and startups.
Why choose Fincap for your equipment financing?
With decades of experience behind us, we have developed unique expertise in all types of lease financing. By understanding each company’s needs and opportunities, we are able to provide Canadian businesses with the highest level of service.
Moreover, as an independent broker we have access to more than 25 lenders across the country. This allows us to identify equipment finance structures that meet your project requirements. At our agency, customer satisfaction is always our top priority.
If you require a tailored lease or financing plan for your equipment, don’t hesitate to contact us or submit your application online. We will work to deliver the most suitable and advantageous agreement that fits your business objectives.
FAQs about Equipment Financing by Leasing
If you're looking for the right leasing terms and conditions for your business, it's important to understand that financing arrangements are customized to fit each situation. This largely depends on what equipment is leased, your credit score and how long the contract lasts. By opting with Fincap, you can leverage our partnerships with more than 25 financial institutions in Canada and reap their benefits alike!
Many companies rely on leasing to access the equipment they need and keep their business moving forward. The best way to ignite this engine is to evaluate whether leasing fits your company’s needs and what opportunities it can create. Then, compare the financial impact of buying versus leasing or financing. In most cases, businesses choose leasing (with or without a purchase option) to ease cash flow pressures while gaining immediate access to new equipment.
For accounting purposes, a lease results in the recording of a periodic lease payment as specified in the lease agreement, and if a purchase option is exercised at the end of the term, a new asset must be recorded. In addition, certain disclosures must be included in the company’s financial reports.
If you would like details on monthly leasing payments, please contact us. We will adapt our offers to your project and provide the most suitable terms to meet your needs.You can also use our equipment lease calculator to quickly estimate your monthly payments. This tool lets you compare scenarios and plan your financing with clarity.
Depending on the legal and regulatory framework in which you operate, there may be differences between leasing and finance.
Leasing is an excellent solution for businesses and professionals, offering the possibility to finance movable or immovable assets while being similar to a rental contract. With leasing, you have the opportunity to purchase the asset at the end of the lease if necessary.
Leasing is not only an effective financing solution for businesses, but it can also be used by individuals to acquire movable and immovable property.
3 easy steps for your Equipment Financing needs
The Fincap leasing experience is simple, quick, and customized to your financial needs.
Whether it be an individual's private sale or equipment listed by a dealer, there are numerous options available.
Click the Apply Now button and begin filling out your application!
Get a response within 24 to 48 hours.