By Canada Equipment & Truck Loan

12/10/2013 Canada Equipment Loan is in top gear these days. The company recently hired new financial managers, extended its reach into the commercial financing and created a whole new team for equipment financing/leasing. To tap deeper into the equipment financing sector, the company recently organized an in house seminar for brokers. The idea was to educate them on new rules and strategies for leasing equipment. The theme of the event was tilted towards benefits of equipment leasing.


Seminar was meant to explain in detail about the various types of leasing programs currently in market. Also, the brokers were made aware of the latest marketing methods. Social media campaigning was stressed upon extensively since majority of traffic was online. Many of the industry renowned specialists we present and shared their views on leasing and financing. At the end, the brokers discussed certain key financial issues, present Canadian lending rules, CMHC guidelines and even specialized marketing services.


Equipment leasing has its own benefits over complete financing. Flexibility in terms of rates makes businesses opt for leasing. Canadian lending rules are far better compared to American or any other developed nation’s rules. Almost any kind of equipment can be leased ranging from construction to mining. Users can lease equipment and start generating revenue instantly. Even small machines like copiers, office equipment and medical equipments can be leased easily. Transportation sector is the prime benefactor of the leasing trend. Truck loans and trailer financing are the most widely used financial products.


Rapid advancements in technology ensure that your new equipment becomes obsolete within months. With leasing, you can stay on edge and quickly change your old equipment with new one. This saves you money which can be further routed into your business. Another benefit of leasing as mentioned in the seminar is its suitability for the seasonal businesses. When profit cycles fluctuate with seasons, you can lease or un-lease the equipment quickly. The payments on lease can be fixed to predict costs much more accurately.


It is generally said that if equipment/machine is depreciating in value, users should go for leasing. Otherwise, buy the equipment which is sure to appreciate. You can lease the machine and preserve a credit line for financing your business functions. Some industrial sectors are promoted by Canadian government. Business owners can expect to receive certain tax advantages of leasing in these sectors.


Canada Equipment Loan provides online quotations for equipment leasing. The application process is quick and easy. Machine can be quickly put to use within hours of leasing. This prevents major cash outflow from business in the form of large down payment. Our vendor program allows brokers to offer great financing options to customers. Besides financing, leasing and cash-on-delivery programs are good for small businesses. Customers view broker networks as one-stop solution for equipment financing due to their large reach and flexible terms. New brokers are encouraged to apply with us for Broker Programs and Networking. Align with our company to realize equipment brokerage dreams. We are Canada’s leading equipment financing and Lease Company with in depth reach into the Canadian small business sector. Original source : http://www.adsrack.com/press-release/60122/benefits-of-leasing:-in-house-seminar-organized-by-canada-equipment-loan/