What They Don't Tell You About Lease Interest Rates And Leasing ...
Is it wrong for Canadian business owners and financial managers to want the lowest interest rate and best overall leasing costs and rates in asset finance in Canada? We've never been convinced that a ' low rate' per se is absolutely the only way you should be looking at an asset finance acquisition, but it is certainly one major factor in your overall decision.Let's examine what factors are critical in assessing a ' best rate ' on a deal and how your lessor actually calculates finance rates in leases and equipment loans. Times change in business, Canadian business owners and financial managers are currently right where they need to be when it comes to asset finance. The industry (equipment lease financing) is currently on a roll. And what does that mean to you, the business owner or finance manager. Simply that the best competitive rates, terms and structures are available.There are a solid handful of key issues that reflect what determines your final lease pricing. One of these is simply the asset you are financing - assets that depreciate less quickly than others can often command a lower lease rate.lease interest rates leasing costs finance
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