How do Bank of Canada Rate Cuts Affect Equipment Lease Rates?
The Bank of Canada is responsible for raising or lowering interest rates as part of the federal monetary fiscal policy. This interest rate is what the Bank of Canada charges...
Here are some of our recently funded clients that LFS has assisted to purchase new or used equipment.
LFS recently financed a CNC Machine worth over $500,000 for a high-tech machine shop that makes aerospace parts and components for multiple major space technology projects.
A start-up landscaping company approached us to finance a new tractor. LFS was able to secure financing for $37,000 over 60 months.
Our client was able to take delivery of this 2020 Kenworth T880, financing over $211,000 over 60 months.
The Bank of Canada is responsible for raising or lowering interest rates as part of the federal monetary fiscal policy. This interest rate is what the Bank of Canada charges...
Winter is gone, Spring has sprung and now you are thinking of replacing your aging heavy equipment with some new or newer units. Do you know what you need? Are you...
In August 2023, our blog titled, “Credit Reports – Part I – Overview” discussed credit reports generally, why lenders need them and what the credit scores mean. In December 2023,...