Any individual, company, organization or association.
There are a number of advantages that make leasing an attractive option for many people. Leasing…
One of our selected financial institutions is the lessor of the equipment, and therefore, the legal owner of the equipment
EFC first reviews the credit information provided on the lease application. Upon approval, the lease agreement is prepared. When the equipment is delivered, EFC’s lenders pays the vendor and begins billing you according to the agreed lease payment terms and schedule
No. In most cases we can get up to 100% Financing
The monthly payment is based on the term of the lease, cost of the equipment and the type of leasing plan you choose. EFC offers 24-72 month leasing plans.
Yes. You have the option of continuing the lease, purchasing the equipment or returning it. Your lease plan will determine what your buyout options are.
Your credit worthiness is based on a number of factors:
The GST and PST (where applicable) are calculated on a monthly basis based on your lease payment. This way, you are only financing the actual cost of the equipment; you are not financing the taxes
Although most lease payments are fully tax deductible, you should seek the advice of your accountant to determine the best treatment for tax purposes
As a lessee, you receive all the benefits of “buyer” warranties and are therefore responsible for the care and maintenance of the equipment.
Take 5 minutes to complete our application or give us a call.
Finalize your terms and equipment with our team.
Pick up your equipment and our team will handle the rest.
Apply and get approved today!