Why lease with Advant?
Advant has over 35 years of experience working with customers and clients in Canada. We have an experienced team of leasing experts ready and waiting to support and assist you whenever you need us. We want to become your long term partner and grow with you as your needs grow.
We also have our application online so you can print them out, fax them in and we’ll do the rest.
Leasing will improve your cash flow by allowing you to manage your investments with monthly payments versus paying everything upfront.
Leasing also provides you with an incremental source of funding, creating an additional source of credit without using other lines of credit.
It also provides you with a better end-of-term flexibility, leaving you with multiple options. You can either purchase your equipment at a predetermined price, return the equipment if it is outdated or update your technology with less risk and higher flexibility.
Generally the leased equipment is all that is needed to secure a lease transaction.
Additionally, there are numerous tax benefits when leasing equipment.
Who Can Lease?
Any type of business structure can benefit from leasing.
- Sole proprietorships
- Services Facilities
- and more
What can be leased?
A wide variety of business equipment can be leased:
- Construction Equipment
- Manufacturing Equipment
- Printing Equipment
- Woodworking Equipment
- Metalworking Equipment
- Vocational Vehicles
- Industrial Machinery
- Material Handling Equipment
- Architectural Equipment
- Forestry Equipment
What is the minimum I can lease?
Advant provides financing from $10K to $500K.
We do understand that each customers is different and has individual needs, so we will do our best to work with you to find the most appropriate lease for your situation.
For more information, we encourage you to call us today and find out if we are the right choice for your leasing needs.
What are the tax benefits of leasing?
It is important that you consult with your financial advisor or accountant to carefully structure your lease for optimal tax benefits. Each lease has its own unique characteristics that will impact your company. Advant does not offer tax advise to clients
In many cases, lease payments can be fully expensed and may also accelerate tax deductions when compared to long term depreciation schedules.
The tax benefits and tax advantages can be extremely integral to your business’ cash flow. In addition to that, leasing can conserve valuable working capital and can preserve existing lines of credit.
Again, we encourage you to discuss this further with your accountant or financial advisor
What types of leases are there?
Below, please see a breakdown and brief description of the types of leases Advant offers.
- Standard Lease
Two advance payments, a small processing fee, and you are on your way.
- Step Lease
You can benefit from lower starting payments which can be structured to suit your cash flow concerns.
- Deferred Payment Lease
You can obtain a grace period before making your first payment.
- Master Lease
This allows a more convenient way to cover your projected equipment purchases throughout the year.
- Operating Lease
You can achieve off-balance sheet leases.
If you have made an equipment purchase recently, this lease structure will help recover spent cash.