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Woodworking equipment Leasing

Woodworking equipment Leasing


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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.

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.

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.

Flexible buyout options: We’re nothing if not flexible. That’s why we offer a number of different buyout options, ranging from $1 all the way to a 50 per cent of your total equipment cost. And don’t let the word “leasing” fool you. You’ll own your equipment after buyout.

CWB National Leasing en Winnipeg

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Recursos

  • 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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Acerca de este artículo

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

Descripción

Elevate Your Craft with Woodworking Equipment Leasing from CWB National Leasing Transforming Your Woodworking Projects with Flexible and Efficient Equipment Solutions For businesses in the woodworking industry, from small workshops to large manufacturing plants, having access to high-quality woodworking equipment is crucial for productivity and craftsmanship. Leasing woodworking equipment through Canadian Western Bank (CWB) National Leasing offers a flexible, cost-effective, and practical solution to enhance your woodworking capabilities. Here’s how leasing woodworking equipment can benefit your business: 1. Swift Access to Advanced Equipment CWB National Leasing prioritizes your need for efficient operations. They offer a rapid leasing process, typically approving applications and notifying your equipment dealer about payment within 48 hours. This quick turnaround ensures that your woodworking equipment can be delivered and operational swiftly, minimizing any disruption to your projects. 2. Enhanced Financial Power Leasing woodworking equipment with CWB National Leasing increases your buying power. It allows you to spread costs over periodic payments rather than making a large upfront investment, freeing up capital for other areas of your business. Additionally, the option to add extra features or accessories to your equipment for a small payment increase allows for customization to meet your specific production needs. 3. Effective Cash Flow Management Smaller lease payments over the term mean your woodworking equipment starts contributing to your business’s revenue while it's being paid off. This strategy helps maintain a balanced expense-to-revenue ratio, which is essential for the financial health and growth of your business. 4. Flexible Payment Structures CWB National Leasing offers a variety of payment options, including seasonal, semi-annual, or annual plans, tailored to your business’s financial cycle. This flexibility is particularly beneficial for businesses with seasonal or variable income, ensuring that payments are manageable and aligned with your financial situation. 5. Potential Tax Benefits Leasing woodworking equipment can offer tax advantages, such as the ability to expense lease payments instead of capitalizing the cost of the equipment. Consulting with a tax advisor is recommended to explore how leasing can optimize your business’s tax position. Conclusion Opting to lease woodworking equipment through CWB National Leasing is a strategic decision that equips your business with essential tools while maintaining financial flexibility. It ensures access to state-of-the-art equipment, vital for producing high-quality wood products, without the financial burden of a large upfront investment. This leasing approach enables enhanced operational efficiency, increased production capacity, and greater profitability, helping your woodworking business to thrive in a competitive market.


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