Secrets of Dealing With Equipment Leasing Financing Companies

What’s my rate? Are we approved? What are my rights and obligations under this transaction? What’s the capital of North Dakota… oh sorry, forget that last one..!

And on it goes… these are just some of the many questions that clients ask us when they are looking for assistance in sourcing and negotiating equipment leasing and working with financing companies in that regard. We do acknowledge it’s a big challenge sometimes – the Canadian marketplace is a bit different than its counterpart in the U.S. The finance industry is fragmented, and business owners and financial mangers absolutely could not be expected to know the credit appetite, the asset appetite, and the structuring options available from literally hundreds of firms offering lease financing.

Let’s share some ‘ secrets’ and tips around ensuring you can be successful in your equipment financing strategy. First of all, different strokes for different folks – what do we mean by that? Simply there are number of very well published ‘ equipment leasing benefits ‘ offered by finance firms. Do they all apply to your firm? Probably note, so focus in on understanding which benefits of lease financing work for you, and then… maximize them! Through effective negotiations.

For the record those benefits usually include payment structuring to your cash flow, tax advantages, upgrade and return options, and simply being an alternative to traditional debt and loan negotiation. Oh and we forgot one other key benefit, its generally recognized that lease financing credit approval is significantly easier to obtain than bank term debt or other loan mechanisms of a more traditional nature.

Psst… Want to know another secret. Here’s a good one, that almost no transaction is too large or too small for the Canadian equipment financing market. So, if it makes sense to lease a 2000.00 photocopier consider it, and if you’re buying a corporate jet for 3 Million dollars, there is a lease approval for that asset also.

If there is on obvious secret or tip that most owners miss it’s simply that when it comes to any type of ‘ technology ‘ you should consider equipment leasing with financing companies that are knowledgeable about the asset. We are mostly talking about computers, but the tech universe today covers telecom, and many other types of assets. Technology changes, tech assets depreciates very quickly, and the best kept secret in town is often a technology operating lease, allowing you full use, but not ownership, of the asset.

Many clients seem confused by the ‘ lingo’ used by financing companies. You can be forgiven for not knowing ‘ off balance sheet leasing, residuals, fmv, all in rate, amort, ‘ etc, etc etc. So the best and final secret we can probably provide for you is simply to search out a trusted, credible, and experienced Canadian business financing advisor who will help you identify priorities and finalize equipment leasing success for your asset acquisitions.

Oh and by the way. Bismarck. That’s the capital of North Dakota.

Zero-Percent Car Finance

Many of us have heard about this “zero percent car loans” or “0% car finance” deals all over the places what is it about them that attracts the customers? It is just that they are dangling carrots in front of the people? There are some really good online financing websites that do actually provide zero percent car financing deals. When you read zero percent car financing it pretty much means they are giving you money for free. To learn their secrets one has to understand their strategies. This method is nothing but a way to attract customers for buying cars.

Now, that I have made myself clear on what you can do to get the 0% new car financing I am pretty pleased to let you know that you crossed a sea of ignorance and came into the world of knowledge. I call this process of your journey from Ignorance to Knowledge, knowledge based shopping! A car can give you an edge to achieve your dreams by putting you on wheels. It ignites your career and puts you the nest level. I feel like a handicap without a car I need it badly. I don’t know how do you feel?

To learn their strategies follow the tips given below:

1. Pay close attention to all the websites that offer zero percent car finance: There are many websites that act like Vultures and can swallow you financially and try to cheat you. They will provide you with many fake policies and misuse your financial information. But again there are websites that offer great service and are ready to support you in the financial crisis.

2. Credit Score: Credit score is important in getting these loans. But, there are some lenders that would support for good credit scorer in getting a car loan with zero percent finance. These websites do want you to have the highest amount of possible down payment. The highest possible down payment will help you decrease the down payment and eventually decrease the monthly payments. If you don’t have a good credit scores.

3. Negotiate: Negotiating with any online financier would be extremely important because it would provide you with acquiring best car financing deals online. Application process is extremely easy all you have to do is provide details and fill up applications with correct information.

Search Engine Literacy:

There is a theory to everything in life online. You have a question; begin your search with Google.com, Yahoo.com or an Ask.com a popular search engines over the web. Search engines have actually hijacked the web wide world. People have started living on web with a virtual image.

Research Online:

Doing your research prior signing any auto loan deal is really important. Your further effort on researching the zero percent car loans available online will help you negotiate with the auto loan financiers. If you have knowledge on the auto financing then you will be confident in negotiating with car financiers and it will be easy for you to push them to charge you low interest rate. There are many websites on internet who actually fight like anything just for the customers to click their mouse once on their link. Facts are that 0 % car finance can be true for the people with excellent credit score. But for many car buyers with poor credit, zero-percent financing is simply not feasible.