Beginning as a leasing company in Surrey, our team of industry experts has expanded on the back of high touch, personalized service. With locations across Canada, we provide commercial car leasing in Toronto, Calgary, Ottawa, and Edmonton. Come in or give us a call, and see how we continue to deliver on our founder’s promise: One Goal. A Thousand Assists.
How does leasing work?
Leasing is simply a method of financing where the Lessor (lender) buys the asset and the Lessee (customer) makes payments over a set period of time (term) in return for the use of the asset financed. A popular question is: Who’s responsible for maintenance and insurance?Just like a cash purchase or bank loan, you(the lessee) are responsible for insurance and maintenance
What happens at the end of the lease?
Depending on the type of lease you get, there are typically a few different options available to you:Purchase the equipment for the buyout or residual (remaining) amount. Buyout amounts can range from $1 to the fair market value of the equipment, depending on your lease structure. Continue paying the lease amount, return the equipment to the Lessor (lender) or in some cases the lease is set up as a “lease to own” so after the term of the lease the equipment is yours or Trade-in the equipment for the latest model
Do I qualify for a lease?
Leasing plans are available for a wide variety of individuals and companies. Individuals can lease vehicles and if there is a business use, they can lease equipment too. Companies with a good track record can lease most equipment they need based on their ability to pay the monthly lease payments. Newer businesses or those with some credit challenges may need the owners to guarantee the monthly payments will be made. In any event, leasing is much easier to qualify for than traditional bank financing – which is one of the reasons leasing is so popular.
Why it is smart to use a leasing broker
Similar to residential mortgages, our fee’s are typically paid by the lender. Our role is to find you the best leasing terms available. Because we are leasing experts who deal with the top lenders in the country, we can objectively choose the right leasing service for your needs and get you more favorable terms than if you were to try to do it yourself.
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What We Lease
Industrial Equipment
- Aerial Lifts
- Blowers
- Chippers
- Compressors
- Cutting Tools
- Drills
- Dryers
- Edge Banders
- Embroidery Machines
- Engravers
- Generator Sets
- Generators
- Heaters