About Us
We are the leaders of equipment financing in Canada and work with owner operators and companies across a wide ambit of industries, which includes transportation, marine, trucks, buses and motor coaches), forestry and construction, material handling, manufacturing and production (machine tools) along with drilling rigs. We deal with providing loans for equipment and possess a highly appealing package of loans, leases and other financing alternatives.
Our expertise that is unmatched along with a thorough knowledge of the industries make us stand out while finding effective, personalized financing solutions for practically all kinds of business requirements. We offer leases and loans financing, leasebacks and sale, retail financing, options of fixed or floating rates, USD and CDN currencies, vendor programs and portfolio acquisitions.
We have the equipment financing and leasing solutions to assist you stand out from the rest of the crowd.
About financing of equipment in Canada
Canada’s equipment financing industry finances billions of dollars worth of equipment along with capital expenditures each year. This industry is a huge driver in the economy of the country. Business owners are for the very first time getting increasingly confident on account of this. Only a small fragment is of the view that things are moving in the negative direction. However, nearly 50% of individuals who participated in a recent survey in the US (and we are of the view that it’s the same in Canada) were of the view that the overall business atmosphere will tend to move in the upward direction.
Auto financing in Canada
In case of auto financing, there are various determinants that impact the rates you receive. These are credit rating, duration of the loan, type of vehicle and down payment. By carrying out some amount of analysis, you can get a lot of information as you look around for the options of financing. Vehicle financing here is based on an interest-loan that is fixed. Hence, you need to pay the same quantity of finance charges irrespective of whether you pay it early or furnish regular payments.