Equipment financing is defined as the underwriting of business loans secured by pieces of equipment vs real estate.
Westrock Capital Corp. can help you accelerate growth and unlock your business potential!
Equipment financing and leasing is a multi-billion-dollar industry and our equipment financing/leasing team is committed to helping your business maintain its competitive edge by offering a custom suite of equipment financing solutions. WCC will find you a custom solution as we are committed to helping your business maintain its competitive edge; staying competitive means staying PRODUCTIVE!
WCC understands that being in business is a challenge, especially in these times and businesses like yours are exactly what the Canadian economy needs to keep moving forward; good decision-making separates successful entrepreneurs from all the rest! Whether you’re a start-up or a small business, we can usually find a solution for you.
We offer financing for a wide range of equipment in a diverse spectrum of industries; from manufacturing and processing to agriculture, construction, medical, and transportation as well as fast approval times with a high approval ratio and a wide range of equipment financing and leasing options!
Mostbusinesses lease their equipment because of the benefits and sometimes the best choice of equipment already has a few hours under its belt! Used equipment is more affordable and could be one of the best decisions for your operation.
Leasing advantages include accounting/tax benefits as well as cash flow enrichment and the ability to utilize state-of-the-art capital assets which all enhance your company’s value.
EQUIPMENT LEASING is for businesses unable to pay cash OR obtain traditional financing [FALSE]
- Entrepreneurs understand the fundamental principle behind “LEASE what depreciates, BUY what appreciates” and for many, operating capital is much more valuable than cash tied up in equipment.
LEASING IS COMPLICATED [FALSE]
- Leasing is actually a very common practice with the asset-based financing industry, and we make it a very simple process; qualifying for a lease can be even easier than traditional financing.
APPROVAL FOR LEASING IS DIFFICULT [FALSE]
- While good credit increases the likelihood of approval, many other factors are considered.
LEASING ONLY APPLIES TO NEW EQUIPMENT [FALSE]
- USED equipment is leased by many businesses.
ADDITIONAL EXPENSES AT THE END [FALSE]
- IF all requirements concerning the condition of the equipment is fulfilled, there is zero further obligation at lease end.
There are a wide range of financing/leasing options and we’ll be more than happy to go over your best option!
WHAT WE LEASE [YOU NAME IT, WE PROBABLY LEASE IT!]
…everything from A-Z, well maybe not Z, but definitely from A to X for x-ray machines! combines, swathers, and tractors for the AGRICULTURAL industry aircraft, baggage carts, and commercial vehicles for the AVIATION industry computers, furniture, and hardware/software for the BUSINESS and IT industry harvesting, hydroponic, and light grow systems for the CANNABIS industry backhoes, cranes, and loaders for the CONSTRUCTION industry material handling equipment and production equipment for the MANUFACTURING industry furniture, ultrasound machines, and x-ray machines for the MEDICAL industry compressors, drilling equipment, and logging equipment for the RESOURCES industry buses, tractors, and trailers for the TRANSPORTATION industry.
Our leasing options are literally endless and equipment financing is a source of funding that lets you hold onto your cash/working capital so it can be used for other areas of your business eg expansion, improvements, and/or R&D.
Please complete the form and one of our equipment financing/leasing specialists will get back to you as soon as possible.