At Impact Commercial, we arrange both commercial equipment financing and heavy equipment leasing for industrial machines and equipment for small and medium-sized businesses.
As financial experts with over 35 years of experience, we are uniquely positioned through our well-established lender and lease company relationships to facilitate customized equipment lease financing, as well as equipment loans, depending on your situation. Based on economic trends, we'll evaluate the best option that's right for you. We'll analyze if a loan is wise in the current market or determine if it's more beneficial to lease the business equipment you require.
We will apply our knowledge, adaptability and efficiency to secure proven financial solutions that ensure your business can acquire the right equipment, at the right time. We pride ourselves on customized financing solutions to deliver fast turnarounds and quick approvals, which will allow you to increase your revenue and attain new goals, without reducing your cash or depleting your credit reserves so you can successfully compete in a competitive marketplace.
Excel Your Business
With Equipment Leasing
One of the great benefits of leasing is it will not diminish your borrowing power, which helps keep your existing credit lines healthy. Impact Commercial works with two main types of leases to help you operate and grow your business, a capital lease and an operating lease.
- Capital Lease: When the lessor only finances the leased assets, and all other rights of ownership transfer to the lessee — more like a loan. The asset item is included on your operating balance sheet because it is viewed as being owned, which may be the best option if long-term equipment ownership is your goal.
- Operating Lease: A lease whose term is short compared to the useful life of the asset being leased. It is commonly used to acquire equipment on a relatively short-term basis — more like renting. The asset being leased stays off the balance sheet and payments can be deducted for tax purposes because they are considered an operational expense.
Industries and Equipment Leasing
North Vancouver is a community with deep roots in forestry in addition to a burgeoning construction sector. Impact Commercial understands the importance of acquiring heavy equipment leasing for these such industries among others. If your equipment is deteriorating or fails to operate, your business cannot be its most efficient and profitable. Financing construction assets can enable your project to advance with superior or additional equipment, a vital part of ensuring you provide your customers with high-quality work that's completed on budget and on time.
Impact Commercial provides the opportunity for you to lease countless assets. You can lease virtually any type of business related equipment, large or small, new or used, from computers, medical and dental equipment to transportation vehicles, restaurant equipment and Point of Sale (POS) equipment, just to name a few. Leasing equipment also gives you more flexibility; lease and pay for the specific equipment you need — only when you need it.
Asset Based Lending and Vendor Programs
We provide an alternative to our equipment leasing options with our Asset Based Lending platform, which is usually most applicable to companies in times of the early stage of business, high growth, or turnaround situations. By reviewing your full financial situation and learning about your future strategies and requirements, we work to provide an Asset Based Lending plan to meet your individual circumstances.
Our Vendor Leasing programs are designed to provide your business a competitive edge to help you close more sales by delivering leasing solutions to your customers.