Category Archives: Equipment Leasing

Info on equipment lease financing for business.

Leasing a Vehicle For Your Business. You Find It, We Lease It. Source From Dealer, Auction or Private Sale.

Posted on September 27, 2019 by Frank Penkala

Prefer to by-pass the dealership business office? Need to keep your information confidential and salesmen out of your business affairs? Found a great deal on a trailer through a private seller on Kijiji or AutoTrader? Have you picked up a … Continue reading →

Posted in Equipment Leasing | Tagged auto financing, auto leasing canada, business lease cars, business vehicle leasing, canada car lease, commercial car leasing, commercial vehicle leasing, lease a used vehicle, leasing a car for business tax deduction, leasing a used car, leasing a used vehicle, leasing for private sales, leasing vehicles for business, Motor vehicle leasing costs, private sale lease, truck lease financing, used auto leasing, used car leasing canada, used vehicle leasing, vehicle leasing companies | Comments Off

Why Lease Equipment? In Case You Were Wondering…

Posted on February 24, 2017 by Frank Penkala

You have probably heard of the tax benefits of leasing equipment and vehicles through your company. In short, when you lease your gear, truck or passenger vehicle your entire monthly payment can be recorded as a rental expense on your income statement. Obviously, this … Continue reading →

Posted in Equipment Leasing | Tagged bank vs leasing, cost of leasing equipment, costs of leasing, equipment financing, equipment lease costs, equipment leasing, lease or finance, lease vs finance, lease vs loan, leasing vs bank financing, price of leasing equipment, vehicle leasing vs bank financing | Leave a comment

Business Development Partners Wanted: Consider the Equipment Leasing Industry!

Posted on April 18, 2016 by Frank Penkala

LeaseDirect is seeking partner track sales and business development people across Canada. Candidates will have some level of sales, business development and financial services experience and training. Continue reading →

Posted in Equipment Leasing | Tagged business development partners, business financing consultant, business financing specialist, career change in commercial lending, career in financial consulting, consultants wanted, consultative selling, consulting sales partners wanted, equipment financing specialist, equipment leasing, financial consultant opportunity, financial consultants, financing options, lease financing, loan consultant, loan consultants canada, partners wanted, sales consultants, sales specialist | Comments Off

Creating Efficiencies: Smart Leasing of New and Used Equipment and Vehicles

Posted on December 2, 2014 by Frank Penkala

Some of our most successful clients have built their businesses with a smart approach to acquiring assets that are aimed at improving operating efficiencies. With the right equipment, often a business will improve their processes enough to cover the cost of … Continue reading →

Posted in Equipment Leasing | Tagged examples of business leases, landscaper leasing idea, leasing examples, leasing for business, leasing for carpenters, leasing for electricians, leasing for general contractors, leasing for plumbers, leasing used equipment, leasing utility vehicle, siding contractor leasing, skid steer lease for narrow gates, smart lease, smart leasing, used equipment lease, utility vehicle lease | Comments Off

Refinancing Equipment: Sale Leaseback Financing for Vehicles and Equipment to Get Cash Out Of Fixed Assets

Posted on November 18, 2014 by Frank Penkala

Your growing company needs a cash injection *fast*, the bank is dragging its heals and a lucrative opportunity may be slipping away. What to do? Use the valuable equipment already in your business to extract cash to grow your company. … Continue reading →

Posted in Equipment Leasing | Tagged auto leaseback, auto leaseback financing, car leaseback, car leaseback financing, cash for fixed assets, company financing, creative financing, equipment leaseback financing, equipment sale-leaseback, leaseback, leaseback finance, leaseback financing, liquidity solutions, refinance equipment, refinance used equipment, refinancing equipment, refinancing used equipment, sale-and-leaseback, sale-leaseback, truck leaseback, truck leaseback financing, used vehicle leaseback | Comments Off

Financing Condo and Homeowners Association Repairs, Upgrades and Improvements

Posted on September 29, 2014 by Frank Penkala

If your condo or homeowners association is planning major repairs or upgrades to your building or complex, you may be in for a tough cash call. There is now an affordable alternative for financing repairs and upgrades that won’t drain owners’ … Continue reading →

Posted in Equipment Leasing | Tagged assessment financing, condo property financing, condo repair financing, condo upgrade financing, financing condo associations, financing homeowners associations, HOA financing | Comments Off

Financing Soft Assets? Almost Anything is Possible With Solid Financials.

Posted on September 29, 2014 by Frank Penkala

Good news: We can now lease finance non-traditional ‘soft’ assets for well established, financially solid corporations. This may include software only deals for major mission critical packages key to supporting your enterprise. It could include warehouse fixtures, lighting systems, alternative power supplies, … Continue reading →

Posted in Equipment Leasing | Tagged financing soft assets, lease software packages, leasing fixtures, leasing industrial racks, leasing non-traditional assets, leasing warehouse equipment, software leasing | Comments Off

LeaseDirect Canada Now Accredited by The Better Business Bureau (BBB)

Posted on July 28, 2014 by Frank Penkala

Well, we finally got around to getting accredited by the Better Business Bureau, aka BBB, and started off with a pretty darn good rating. Seems with almost 10 years of business under our belt under the LeaseDirect brand, with no … Continue reading →

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LeaseDirect Charge on Your Credit Card?

Posted on July 28, 2014 by Frank Penkala

It ain’t me babe, it ain’t me you’re looking for… ~ Bob Dylan Hold the phones. It seems major banks believe little ol’ LeaseDirect Canada is charging their clients’ credit cards for some nefarious purpose. For the record, in most … Continue reading →

Posted in Equipment Leasing | Tagged card charges, charges to credit card, credit card, credit card charge, lease direct, lease direct oakville, leasedirect, leasedirect charge, leasedirect charges, leasedirect oakville, leasedirect.com, mastercard, visa | Comments Off

Good Leasing Results: “It has been a pleasure working with you.”

Posted on January 3, 2013 by Frank Penkala

Some transactions just go so well that I just want to reach through the phone to the person I’ve been working with and extend a big ol’ hug. Imagine every working interaction going smoothly, sharing the information needed to make … Continue reading →

Posted in Equipment Leasing | Tagged a good transaction, customer satisfaction, leasing process, successful financing | Comments Off

Message from Credit

Posted on July 18, 2012 by Frank Penkala

Every once in a while funny stuff happens at work, even in the leasing business. Yesterday I conferenced a rather unexpressive client in over the phone, connecting with the voicemail of a credit manager, to do a verbal confirmation of … Continue reading →

Posted in Equipment Leasing | Tagged #yycblogs, audit call, credit, delivery confirmation, leasing, verbal delivery | Comments Off

Doom and Gloom? Where?

Posted on June 15, 2012 by Frank Penkala

So, we are providing lease financing for a new dermatology clinic in Vancouver; funding digger derrick and bucket trucks that will be working for BC Hydro; leased new servers to an engineering company in Calgary; approved an older lowboy trailer … Continue reading →

Posted in Equipment Leasing | Tagged bucket truck, dermatology, digger derrick truck, equipment, financing, lease, leasing, leasing dermatology equipment | Comments Off

Leasing Services in Alberta – Our Poster Boy

Posted on February 9, 2012 by Frank Penkala

Fred’s little Alberta based oil and gas drilling rig moving business is now generating considerable revenue, with decent profitability. It has been an interesting ride with him over the past three years. Starting as a modest water hauling operation, our … Continue reading →

Posted in Equipment Leasing | Tagged alberta business, Alberta entrepreneur, Alberta oil & gas equipment leases, equipment leasing success story, leasing heavy equipment | Comments Off

Equipment Leasing: Sometimes It Really! Works

Posted on March 19, 2011 by Frank Penkala

It is a pleasure working with people who have the determination (guts, gumption, skill, luck) to succeed, regardless of the perceived economic climate. I am starting to see year-end statements for a few companies who are not only surviving, but really, … Continue reading →

Posted in Equipment Leasing | Tagged alberta business, Alberta entrepreneur, business financing, equipment financing, equipment leasing, successful business | Leave a comment