Equipment Financing Vancouver, B.C.

Equipment

Financing and
Leasing

Are you seeking an equipment financing solution for your essential business equipment in Vancouver?
Contact Us

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.

Vancouver

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.

Vancouver

Industries and Equipment Leasing

At Impact Commercial our mission is to make the equipment leasing process effortless and hassle-free, so your business has the right equipment required to get the job done. We offer flexible leasing options for a broad range of equipment to meet your unique business needs across a variety of industries including: industrial, professional, health care, technology, transportation, hospitality, agriculture, forestry, and construction.

Vancouver is a city with a burgeoning construction sector in both residential and commercial properties. Impact Commercial understands the importance of acquiring heavy equipment leasing for the construction industry 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.

Contact Us Today

We are dedicated to making an Impact on your Vancouver business by sourcing the best financing solutions. If you have any questions or would like to learn more about equipment lease financing and equipment loans available to you, contact us today!

    Fast Growing

    About Vancouver

    Situated on the western half of the Burrard Peninsula, the City of Vancouver is a coastal, seaport city surrounded by water on three sides, bounded to the north by English Bay and the Burrard Inlet and to the south by the Fraser River.

    Vancouver is Canada's eighth most populated city with 631,486 people (2016 Census), and experiencing growth every year. A thriving, diverse economy with opportunity for everyone is the foundation of a livable city. The Economist ranked Vancouver as third most livable city in the world in their 2017 livability survey, including factors related to safety, infrastructure and the environment.

    Condos and office towers are transforming the City's skyline with new master-planned urban communities. In order to achieve a downtown core as a competitive business centre that is economically vibrant, diverse, and sustainable, requires large office developments that will support Vancouver's economic development strategies. As of May 2017, the City has approved a significant amount of office developments that comprise 6,548,933 square feet of office space, which include nine under review, four approved, five under construction, and 17 completed.

    According to Western Investor's commercial real estate 2017 outlook, the four new towers are planned with a total of 600,000 square feet of Class A space. "Early betting is that Morguard’s 227,000-square-foot, 25-storey building at 601 West Hastings will lead the construction wave, with an estimated completion in 2019. Two new office towers, the Exchange on Howe Street by Credit Suisse and Serracan Properties' seven-storey building on Seymour Street will be completed in 2017. Many of Vancouver’s new office projects, such as the 235,000-square-foot Burrard Place by Jim Pattison Developments/Reliance Properties, and the Cardero complex by Bosa Properties/Arpeg Holdings include a residential component."

    Two new office towers, the Exchange on Howe Street by Credit Suisse and Serracan Properties' seven-storey building on Seymour Street will be completed in 2017. Many of Vancouver’s new office projects, such as the 235,000-square-foot Burrard Place by Jim Pattison Developments/Reliance Properties, and the Cardero complex by Bosa Properties/Arpeg Holdings include a residential component."

    It's vital that commercial developments maintain a healthy mix of condos to make the numbers work, whether in office or retail projects and in industrial and hotel developments. Reports reveal that analysts remain confident about 2017 commercial real estate investments across Metro Vancouver.

    Environmental issues are inseparable from economic issues and according to Vancouver's city council they have undertaken a number of initiatives to promote and strengthen local business, provide the tools for Vancouver's businesses to flourish while incorporating sustainable practices.

    Vancouver is working to minimize its carbon footprint by adopting The Greenest City Action Plan, a strategy for staying on the leading edge of urban sustainability. The City claims that through a set of measurable and attainable targets, they are putting Vancouver on the path to becoming the greenest city in the world.

    In Vancouver

    Business Growth and Economic Drivers

    Vancouver's economic growth remains one of the fastest of major metropolitan economies in Canada, according to The Conference Board of Canada's Metropolitan Outlook: Spring 2017. Vancouver's real GDP is expected to grow 2.5 per cent in 2018.

    The thriving housing market over the past few years is one of the key drivers of Vancouver's economic growth. Following a record 27,900 units in 2016, housing starts in Vancouver are projected to dip but will remain higher than historical norms at 23,600 units in 2017. There will be an increase in non-residential investment, as work begins on several major projects, including the $3.5-billion 10-lane bridge spanning the Fraser River to replace the Massey Tunnel. Overall, 2017 construction output growth is set to moderate to 2.0 per cent, as reported by the Conference Board of Canada.

    The Outlook: Spring 2017 document indicates that the wholesale and retail trade will remain healthy as strong job gains and income growth continue to embolden consumers. At the same time, the transportation and warehousing industry will benefit from a nearly 50 per cent increase in flights between Vancouver and China by summer 2017, as tourists continue to travel to the region to take advantage of the weaker Canadian dollar. Solid tourism activity will also benefit the personal services industry, which includes accommodation, food, and arts, entertainment and recreation.

    Additionally, it's noted that Vancouver's manufacturing sector will continue to post strong gains thanks to several large projects, including the federal government’s $8-billion contract with Seaspan, and a healthy U.S. economy and weak Canadian dollar.

    Contact Us