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Business Equipment Leasing, Infrastructure Leasing & More

The cost of purchasing business equipment and infrastructure is often high. Unfortunately, those prices can be too much for many small businesses and new ventures. That’s what makes options like business equipment leasing so valuable.

Equipment leasing in Canada is a useful alternative to an equipment finance loan or an upfront purchase. 

What makes equipment lease financing so useful? Your business gets the equipment it needs for an agreed-upon period of time with no massive upfront costs. And, at the end of the lease’s term, you’re free to lease a new piece of equipment.

Let’s take a closer look.

Why Do Businesses Use Commercial Equipment Leasing?

Small business equipment leasing offers plenty of benefits for your business. We already reviewed the general value of spreading out the cost as compared to an upfront purchase.

Another key point to keep in mind when it comes to cost is flexibility in lease terms. For example, Innovation offers 5-year and 7-year lease terms. It’s all part of our commitment to your business.

You can pay down your lease more quickly and save money overall with a shorter leasing option. The longer one, meanwhile, offers a lower monthly lease payment that makes it easier to manage business finances. Because you have choices when it comes to business equipment leasing, you can pick the option that’s best for your unique needs.

What else makes working with a business equipment leasing company a smart option for your business?

• Available for many types of equipment: You can lease agricultural equipment, business technology, and a wide variety of other assets.

• Tax benefits: When you lease equipment, you only need to pay taxes on rental payments during the term of the agreement. And you won’t need to pay taxes in advance.

Trade-in and purchase options: Love your equipment and don’t want to let it go? Buy it for a special and negotiable purchase option price. Or, use a trade-in as credit for an upgrade. Having options helps your business.

Business Equipment Leasing with Innovation

Access the vital equipment and other assets your business needs to succeed. Get in touch with us today to learn more about how we can deliver effective business equipment leasing options.