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Cranes, hoists, and lifts Leasing

Cranes, hoists, and lifts Leasing


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Fair market value: Defer a portion of your equipment’s purchase cost to the end of the lease, at which time you have the option of purchasing the equipment for fair market value or walking away altogether to finance new equipment with the latest upgrades.

Step-up or step-down option: If you anticipate changing cash flow needs for your business, this option allows you to arrange payments that match your business’s varying revenue so you’re paying for your equipment when it’s making you money.

Seasonal payment periods: This is perfect for businesses where cash flow is seasonal like farms or golf courses. Here, you can design a payment cycle that matches your business’s seasonal revenue. A six month on, six month off payment schedule is most popular.

Customize your payments to match your cash flow

Customer service that goes the extra mile: Our team of over 400 staff Canada-wide are happy to help with every aspect of your equipment financing needs.

CWB National Leasing in Winnipeg

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Resources

  • Step 1: Go shopping Find the equipment you want at the equipment dealer of your choice. Make sure to record any identifying specifications and options that you want, along with an approximate cost.
  • Step 2: Complete your application Take five minutes to complete our online application. You can also apply through your local CWB National Leasing Account Manager by calling 1-888-620-8004.
  • Step 3: Have a chat with us We’ll give you a call to review the details of your application and some of the finance options available to you. We’ll then contact your equipment dealer to negotiate purchase of the equipment you want.
  • Step 4: Receive your equipment Upon approval of your lease and finalization of your documentation, we’ll contact your equipment dealer, notify them that payment is on its way and you’ll get your equipment.
  • Step 5: Repeat as required

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About this item

  • Increase buying power
  • Control your cash flow
  • Seasonal payment options
  • Potential tax savings
  • Get your equipment fast

Description

Elevate Your Construction Business with Crane, Hoist, and Lift Leasing from CWB National Leasing Transform Your Operations with Flexible Equipment Leasing In the dynamic world of construction, having access to the right equipment like cranes, hoists, and lifts can be a game-changer for your business. Canadian Western Bank (CWB) National Leasing provides an excellent opportunity to lease this vital equipment with terms that align with your business needs. Here's how CWB National Leasing makes leasing cranes, hoists, and lifts a wise decision for your construction business: 1. Speedy Equipment Access Time is crucial in construction, and CWB National Leasing understands this. They offer a fast and efficient leasing process, often approving applications within 48 hours. This rapid turnaround means you can have your crane, hoist, or lift on-site and operational with minimal delay. 2. Enhanced Purchasing Power With CWB National Leasing, you can maximize your financial resources. Leasing allows for manageable periodic payments instead of a substantial upfront investment, freeing up capital for other business areas. Plus, you can customize your equipment with additional features or accessories for a slight adjustment in payment. 3. Effective Cash Flow Management Manageable lease payments spread over time mean your equipment can start generating revenue for your business while you are paying for it. This helps maintain a healthy balance between your income and expenditures. 4. Flexible Payment Options CWB National Leasing offers adaptable payment plans, including seasonal, semi-annual, or annual options. This flexibility ensures that your payments align with your business's cash flow, especially important in the construction industry where project timelines and revenue can vary. 5. Potential Tax Benefits Leasing can offer tax advantages, such as the ability to expense lease payments, as opposed to depreciating the capital cost of equipment. Always consult with a tax advisor to understand how leasing can benefit your business’s tax situation. 6. Customized Payment Structures CWB National Leasing tailors its leases to fit your unique business needs. Payment plans are designed to match your specific cash flow, ensuring the lease works for your business model. 7. Diverse Buyout Options At the end of your lease, a variety of buyout options are available, from as low as $1 to up to 50% of the total equipment cost. This flexibility allows for eventual ownership of your crane, hoist, or lift. 8. Fair Market Value and Adaptive Payment Options You can opt to defer a portion of the equipment’s cost to the end of the lease, with options to purchase at fair market value or to upgrade to newer models. The step-up or step-down payment options are ideal if you anticipate fluctuations in your cash flow. 9. Seasonal Payment Plans Ideal for businesses with seasonal cash flows, CWB National Leasing can design payment schedules that suit your specific revenue patterns, such as a six-month-on, six-month-off plan. Conclusion Leasing cranes, hoists, and lifts through CWB National Leasing is a strategic decision that can significantly enhance your construction operations. It offers a way to access essential, high-value equipment while maintaining financial flexibility and stability, enabling your business to take on more projects and grow in a competitive market.


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