Do You Need To Secure an Equipment Lease For New or Used Welding Equipment?

Welding equipment leasing and financing for equipment acquisition and refinance is available from a number of sources for your Canadian based business.

There are too many types of welding related equipment that are pre-approved for financing by Canadian leasing companies to be listed on one page, so here are some of the more common items that are leased financed on a regular basis across Canada,

Plasma cutter, turning roll, powered rigging roller, multi directional rigging roller, industrial positioner, manipulator, automated gear tilt positioner, fume extraction hood, benchtop positioner, multi operator welder, welding pipe stand, induction heating equipment, hard surface positioner, tank turning roller, arc welder, welding work station, welding work station, high speed welding turntable, Parweld Mig & Tig, multi purpose welder, stick welder, submerged arch, beam clamp rigging roller, low profile welding turntable, cable reel roller, Thermacut Plasma, spot welder, mig welder, welding machine, pipe turning positioner, pipeline equipment, manual welding positioner, smaw, arc welding equipment, vessel turning roll, welding positioner, gmaw, tig welder, engine driven welder, gas welder, wire feeder, Welder, gtaw, pipe roller.

If you look through this list and find that the particular welding equipment asset you’re looking at acquiring is not shown, please give us a call so we can tell you if it is pre-qualified for funding with our leasing partners.

Get An Equipment Lease That Meets Your Needs.

Lease financing for used equipment can provide similar financing rates as new, but may require a shorter repayment period depending on the age of the asset and the estimated remaining useful life. For welding equipment, this may not even be an issue as many types of assets in this category have a very long useful life allowing used equipment to be lease financed longer than other types of used equipment.

For new or used welding equipment that requires equipment financing, the best first step is to apply for a pre-approval if possible to get the financing process out of the way and to provide you with a clear picture of what you can qualify for and how the repayment will impact your cash flow.

If you have an equipment leasing requirement, please give us a call so we can go through your situation quickly and provide relevant welding equipment leasing options for your consideration.

Call 289 816 0075 and Speak Directly To An Equipment Leasing Specialist

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Do You Need To Lease Finance New or Used Wood Working Equipment?

Wood Working Equipment Leasing is provided by several different leasing companies and even traditional banks to their Canadian based customers.

These types of assets are very commonly financed via equipment loan or equipment lease facility. The decision whether to finance by loan or lease has a lot to do with the financing company capital program. The best available deal may be in either one form or another as its not very common where an equipment financing source can provide you with the both options.

Both forms of manufacturing and processing equipment financing can be equally effective with each having their pluses and minuses, but for the most part, there is very little difference between the two except for the asset ownership which lies with the leasing company for lease financing, and with the borrower when financing takes place via an equipment loan.

Here is a fairly broad list of some of the more common new and used wood working equipment assets that are pre approved for financing by a number of Canadian based leasing companies we work with.

Finger jointer,carving machine, air cleaner, door construction equipment, jointer,chair making equipment, boring machine, reciprocating saw, flooring equipment, planer, veneer equipment, laminating equipment, router, dowel equipment, drill press, finishing equipment, v-groover, radial arm saw, home construction equipment, band saw, circular saw, edge bander, bench grinder, wood waste equipment, scroll saw, tile saw, drill, jig saw, mitre saw, dust collector, cordless saw, joiner, table saw, shaper, rip saw, saw, hammer drill, grinder, sawmill equipment, lathe, sander.

There are obviously many other types of wood working equipment that could be listed here so if you have a certain asset you’re looking for in this classification that’s not on the list, please give us a call so we can qualify it with our equipment leasing company partners.

If you’re planning to acquire woodworking equipment that will need to be lease financed, we would encourage you to give us a call so we can arrange a pre-approval for you. By getting the application for leasing process out of the way you can then concentrate more fully on the acquisition process knowing not only that the money is available but what amount you have to work with.

Even if you have recently purchased equipment with cash, we can still perform a sale and lease back up to 6 months after the purchase of new or used woodworking equipment, allowing you to replenish your cash reverse or utilize the funds for other purchases.

Call 289 816 0075 and Speak Directly To An Equipment Leasing Specialist

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Do You Need To Lease New or Used Fabricating Equipment?

Metal fabricating equipment leasing is a very important source of capital for Canadian metail fabricators and is available through select leasing companies focused on different types of fabrication equipment.

We have direct relationships with many of these key lease suppliers and to give you a better idea of what exactly can be financed via an equipment lease for this particular industry, here is a list of the more typical asset types that are regularly financed by leasing facilities.

metal router, cold saw, pivot arm cold saw, semi-automatic cold saw, plate roller, manual cold saw, beam cambering machine, band saw, high speed cold saw, column cold saw, beam coping machine, semi-automatic band saw, water jet cutting machine,automatic band saw, ironworker, Plate roll, non ferrous cold saw, plate processing machine, press brake, angle roll, angle line, sheer, tube bender, laser cutter, angle notcher, manual magnetic drill, rebar machine, sheet roller, beam drill line, mag drill, magnetic drill, plasma punch, portable drill line, automatic magnetic drill, beveler, burning system, hand brake, punching machine, plasma cutting machine, radial arm drill, drill line.

Some of the more common manufacturers of lease financed fabrication equipment include: Hankwang, Anglemaster, Amob, Geka, Peddinghaus, Scotchman, CNC, Masteel, Marvel, Hitech USA, Durabore, Ecolina, Ocean Machinery, Baileigh, Heck, National, Hyd-mech, Jancy, Evolution, Metal Muncher.

For used fabricating equipment, commercial lease financing is also available. However, compared to brand new equipment, the effective rate of financing will be slightly higher and the lease term slightly shorter in most situations. There can also be a significant variation in the percentage of asset acquisition cost that can be leased at any given time. This will depend on the used equipment market and the strength or weakness in price for a particular type of equipment at a particular point in time.

Get An Equipment Lease That Meets Your Needs

At the same time, its also not uncommon to see fabrication equipment that can hold real value for decades allowing equipment leasing to be arranged for assets more than 20 years old in some cases.

One of the benefits of this long term asset value lies in the ability to refinance the equipment and draw on the inherent equity in the asset when the cash flow may call for it at times, which is not an uncommon occurence in the fabricating business to say the least.

For businesses that are looking to acquire new or used fabricating equipment that will need to be financed, I suggest that you get in touch with one of our equipment leasing experts so they can quickly review your requirements and provide you with equipment leasing options to consider.

Call 289 816 0075 and Speak Directly To An Equipment Leasing Specialist

Or Click Here To Send Us An Email