Four ways to finance equipment

Leasing is the simplest way to finance a wide variety of equipment, from construction fleets to computer hardware. You protect your cash and the credit lines you already have in place, which increases your purchasing power for everything else. Payments are deductible, and there is no sales tax to pay when you acquire the equipment.

• Protects your cash and existing credit lines
• No sales tax due when you buy the equipment
• Deductible payments, up to 100% depending on structure
• Simple process and fast approval request
• Builds company credit without touching personal debt

Used by businesses of all sizes, factoring is especially useful during start-up, growth or restructuring. Because it is not subject to the spending restrictions of commercial loans, it suits businesses with seasonal or periodic sales. A dedicated team takes over accounts receivable management.

• Immediate increase in cash flow
• Pay suppliers faster, often at a discount
• No spending restrictions, unlike a commercial loan
• Receivables management handled by a dedicated team
• Well suited to seasonal or periodic sales

Refinancing is a lever that pulls cash out of equipment you already own to rebuild your working capital. It is too often associated with companies in difficulty, when it mostly serves to fund a project that sets you apart from competitors, with all the advantages of leasing.

• Preserves the capital already invested
• Access to cash without a new acquisition
• Flexible financing, structured around your fleet
• Keeps the advantages of leasing

A term loan lets you carry out your acquisition projects while keeping your cash for day-to-day operations. Terms and due dates are set in advance, which simplifies capital budget management and improves the structure of your balance sheet.

• Payments spread over several years
• Terms and due dates set in advance
• Better capital budget management
• Improves your balance sheet structure