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.