For instance, your working capital cash can be used for financing inventory, receivables, and other business uses, and because your equipment serves as the only collateral for the lease, you don't tie up any other assets. After all, profits come from using the equipment, not owning it.
Northbrook, IL (PRWEB) August 1, 2006
Beacon Funding, an equipment leasing provider for a wide variety of specialized equipment needs throughout the United States, has launched a similar equipment leasing program in Canada. This equipment leasing program offers several different kinds of leases, making it possible for all types of small businesses in Canada to get the equipment they need without draining their working capital resources.
"We plan to support Canadian sales with familiar resources like online technology, customized marketing literature, equipment expertise, competitive pricing, and incentive programs," said John Vonder, Vice President of Business Development at Beacon Funding.
Beacon Funding will offer several equipment leasing programs in Canada, including:
- Deferred Payment plan, which defers the first payment for a few months to help the client get up and running with their new equipment.
- Start-Up Payment programs for those in business less than two years
- Skip Payment program, which allows the client to skip payments when their business is slow or seasonal.
- Step Up Payment program, which allows the payment to grow as the business grows
- Other equipment leasing programs that can be custom tailored to fit an organization
"There are several reasons why equipment leasing is a good idea," said Vonder. "For instance, your working capital cash can be used for financing inventory, receivables, and other business uses, and because your equipment serves as the only collateral for the lease, you don't tie up any other assets. After all, profits come from using the equipment, not owning it."
To learn more about Beacon Funding’s equipment leasing programs in the United States and Canada and the available types of leases, visit http://www.BeaconFunding.com. Small businesses can apply online for any of the equipment they need to replace or acquire.
About Beacon Funding
Founded in 1990, Beacon Funding has established itself as a premier, full-service provider of equipment leasing solutions to all types of organizations, new and established, throughout a wide variety of industries. Beacon Funding helps clients improve their growth and profitability by providing them with the means to acquire the highest quality equipment via the most competitive payment programs.