peel financial toronto

Stevenewburg1119 Aug, 2020Other

Refinancing your current equipment and machinery can facilitate much needed capital to help your company during a growth period as well as offer leverage during a turn-around scenario. We will also consider older equipment as well as specialized equipment other lending sources may be forced to pass on… Whatever your situation…at Peel Financial we will work with you. Call us today and ask us how refinancing can work for you.Pay less taxes: Unlike a loan, leases are tax deductible when claimed as an operating expense, which reduces your taxes. Preserves working capital, cash flow, and revolving credit. Consistent fixed payments: Monthly lease payments are set for the duration of the lease. This helps with planning, budgeting and forecasting as monthly payments will never change. Convenience and flexibility: Leases have much more flexibility in structuring than loans, so leases can be designed to meet your specific needs.