Equipment Leasing. Customized.
Operate better, faster and more efficiently.
SimplifyCap
Equipment lease financing
Maximize your working capital with our flexible equipment lease financing solutions. We offer the best equipment leasing and financing options in the market, bar none.
Get the best lease rates & terms on your equipment
- Lower upfront costs
- Healthy cash flow
- Fixed monthly payments
- Tax benefits
- Access to latest equipment
Leasing customized equipment instead of outright purchasing is smart for businesses of all sizes. It keeps cash flow healthier, reduces the risk of technology and equipment obsolescence, and offers customized leasing options for various industries like transportation, construction, agriculture, manufacturing, and oil & gas.
With customized leasing options from SimplifyCap Equipment Leasing Experts, you can tailor solutions to your needs, such as customized terms that align with the productive life of your equipment or staggered payments designed to coincide with seasonal or economic fluctuations in your business.
Allowing dedicated professionals to handle customized leasing helps ensure you obtain the most financially sound deal possible for your company’s situation.
SimplifyCap
Solutions that make good business sense.
Fast, easy, affordable leasing
Fast approvals
When you need to move quickly, we can get you the equipment you need in no time.
Affordable options
We offer affordable commercial equipment leasing options for your business.
Flexible solutions
Our experts will help you save time and money with a customized approach.
Industries we serve
We lease customized equipment that fits your specific needs.
Transportation
- Highway Tractors
- Day Cabs
- Van Bodies
- Dry Van Trailers
- Reefer Trailers
Construction
- Excavators
- Bulldozers
- Graders
- Dump trucks
- Backhoe Loaders
- Cranes
- Skid Steers
- Wheel Loaders
- Crawlers
- Concrete mixers
- Pavers
- Compaction
Agriculture
- Grain Belts
- Tractors
- Harvesters
- Balers
- Combines
- Grain Trailers
- Plows
- Sprayers
- Spreaders
- Mowers
Manufacturing
- Generators
- Lifts
- Shredders
- Material Handling
- Packaging Machinery
Oil & Gas
- Tank Trailers
- Excavators
- Trenchers
- Hydro Vac Trucks
- Winch Trailers
- Frac tanks
- Loaders
Talk to us today!
Speak to our Equipment Leasing & Financing Specialist today.
403-689-0000
Equipment leasing for startups & new businesses in Canada
Improve cash flow, get latest equipment, start lean.
As anyone in the world of startups and new businesses knows, buying new equipment can be a major challenge. It is expensive, and equipment typically carries a large financial burden even after purchase.
For this reason, equipment leasing is an attractive option for startups and SMBs in Canada.
At SimplifyCap, our leasing experts have worked with all types of businesses, including startups and new ventures. We know your concerns and desire to start lean. We have helped many big and small companies find the right equipment with customized, affordable leasing options. We can help you too.
- Equipment purchasing is expensive and challenging for startups and SMBs
- Leasing provides a cash flow-friendly alternative to financing while remaining competitive.
- Equipment leasing offers flexibility and convenience in terms of tailored leases.
- Equipment leasing is a smart, affordable solution for startups and businesses in Canada.
FAQs
Your frequently asked questions.
Equipment leasing is a financing option that allows a business to obtain the use of equipment for a specified period of time, usually through a leasing contract, in exchange for regular payments to the leasing company.
The leasing company owns the equipment and the lessee (business) uses it, but does not have ownership. At the end of the lease term, the business has the option to either purchase the equipment for a predetermined price, return it to the leasing company, or renew the lease agreement. This allows the business to obtain the equipment they need without having to make a large upfront investment.
Leasing heavy commercial equipment can be a great solution for any business that requires equipment to run their operations. Not only does equipment leasing provide access to high-quality equipment, but it also provides an affordable and efficient way to make big purchases.
Instead of taking out loans or incurring long-term debt, equipment leasing helps businesses save money by spreading payments across a longer duration of time.
Businesses are even able to upgrade or terminate existing equipment leases as needed, providing them with additional flexibility when it comes to their operational needs.
All in all, equipment leasing is the perfect choice for any business that needs reliable equipment without the associated risks of ownership.
Equipment leasing is an attractive option for businesses looking to acquire expensive equipment without the upfront cost and obligation of ownership.
Heavy commercial equipment such as construction equipment, large agricultural machinery, fleet trucks and buses, industrial equipment, hulls or office furniture can all be leased from a reliable equipment leasing company like SimplifyCap.
Leased equipment typically comes with important features such as equipment inspections, repairs and constant maintenance. Moreover, leasing allows the flexibility to switch equipment when newer models become available or technology advances.
With fewer up-front costs and no long-term commitment, equipment leasing is an effective method for businesses to manage costs and keep their operations running smoothly.
Leasing equipment is often a better option than buying it outright. It provides businesses with access to equipment that they wouldn’t otherwise be able to afford, and it helps reduce large up-front payments.
Leasing also offers more flexibility; equipment leases are usually month-to-month so that companies can upgrade equipment with minimal disruption should the need arise.
Finally, equipment leasing allows for much faster depreciation of the equipment on taxes than if the equipment was purchased – this can allow businesses to maximize their tax write-offs.
All in all, leasing equipment is an excellent choice for many businesses.
Equipment leasing offers a range of advantages compared to other financing options, such as loans or lines of credit. Not only can equipment leasing help businesses preserve capital, it also typically requires less paperwork and fewer up-front costs. Furthermore, equipment leases can be tailored to match your business’s individual needs, often making them more cost-effective and convenient than other financing options in the long run.
By choosing equipment leasing over loans or lines of credit, businesses can save money, save time, and gain equipment that is designed specifically for their needs.
The typical lease terms and conditions are based on the equipment being leased and can vary by the type of equipment, supplier, and contract length.
Most equipment leases include start and end dates, equipment usage terms, maintenance responsibilities, financial terms, the length of the term, renewal obligations, liabilities for repairs or damages to the equipment, potential termination fees and late payment penalties.
When considering equipment leasing it is important to review all of the lease terms and conditions carefully in order to make sure that any agreements adhere to your business’s specific needs.
Leasing equipment is an excellent option for businesses of all sizes that can capitalize on the numerous tax benefits it offers.
Through equipment leasing, businesses are able to save money by allowing them to deduct lease payments from their taxes in the same year they are made instead of deferring them until the equipment is fully paid off.
In addition, the leased equipment counts as an operating expense and can help businesses reduce their taxable income each year. Furthermore, equipment leasing allows companies to more easily upgrade equipment, making sure their businesses remain up-to-date with state-of-the-art technology without having to make full equipment purchases each time.
With these great tax benefits, equipment leasing is definitely an option worth considering.
Lease-to-own equipment agreements are typically financed through either a direct loan from a financial institution, or through a private lease agreement between the customer and the leasing company.
In a direct loan, the customer takes out a loan from a bank or other financial institution to purchase the equipment.
This loan is usually secured by the equipment itself, meaning that the financial institution retains a lien on the equipment until it is paid off.
In a private lease agreement, the customer enters into a contract with a leasing company to lease the equipment, and then make payments over a set period of time.
At the end of the lease term, the customer has the option to purchase the equipment outright, or continue to make lease payments.
In both cases, the customer is typically required to put down some sort of deposit or down payment to secure the agreement.
This is generally based on a percentage of the total cost of the equipment, and is typically non-refundable.
The customer is then responsible for making the agreed-upon payments on the equipment over the course of the loan or lease term.
In some cases, these payments may be subject to interest, depending on the terms of the agreement.
Once the loan or lease is paid off, the customer owns the equipment outright, and is free to use it as they see fit.
Lease-to-own agreements are advantageous for customers who cannot afford to purchase equipment outright, but still need to use it in their business.
By allowing customers to make payments over time, it can provide them with access to the equipment they need to run their business.
Equipment leasing is often misunderstood, leading to common misconceptions about its value.
Many people mistakenly think equipment leasing requires large down payments or long-term leases but in reality, equipment leasing allows for a range of flexible leasing options that can be tailored to the budget and needs of a variety of businesses.
In addition, equipment leasing is not simply a method of financing equipment purchase; it also provides access to high quality, up-to-date equipment without going through the time-consuming process of obtaining financing. Furthermore, equipment leasing offers tax advantages that can help businesses save money.
With so many benefits available from equipment leasing and a host of flexible financing options to meet both short-term and long-term goals, equipment leasing makes sense for businesses of all sizes.
SimplifyCap provides an efficient and simplified way for businesses to source their equipment leasing and financing needs.
With SimplifyCap, you can confidently find the most suitable partner in the leasing industry – one that you can trust; we are focused on your success which is why we don’t accept any loan request without ensuring it meets their high criteria.
Before settling with a company, SimplifyCap’s experts invest by working through each detail to ensure you’re accessing only the best lending products out there.
Simplify Cap emphasizes that customer success is paramount – providing access to reputable leasing companies no matter what the size of your business or credit score may be.
Ultimately, SimplifyCap offers an easy way to compare leases while still having access to reliable and licensed financial institutions.