Hey landscaping companies, now’s the time to start planning your equipment needs for Spring! Yes, we know that we’re already discussing Spring and the year just started (Happy New Year!), but this is the industry that thinks ahead! Did you attend the 2023 Landscape Ontario Trade Show & Conference?You may not have considered leasing before because you’re comfortable renting on an...
In our very first blog post (Dec 21, 2021 - Lease vs Loan: We Break it Down), we discussed the advantages and disadvantages of leases and loans when buying equipment for your business.In this blog, we’re looking at buying vs leasing. If a piece of equipment costs $50,000, which option should you choose?It really depends on the financial position of your...
Tired of working for others? Looking to work in a fast-paced financial environment?Dream about self-employment and setting your own work hours?Up for a challenge? If any of these appeal to you then working as a Broker Agent for LFS Credit & Finance Solutions (LFS) might just be what you’re looking for! About LFSLFS defines itself as an asset-based lender that focuses its operations...
At LFS, one of the first questions we are often asked is if we finance certain equipment. As a reminder to new or existing customers, LFS can finance: Automotive EquipmentCNC MachinesCompressorsConstruction Equipment: loaders, backhoes, excavators, crawler dozers, skid steersForestry EquipmentForklifts, Platform Lifts, Boom/Telehandlers, CranesGolf Course/Range Equipment: golf carts, mowersIT Equipment: computers, phone systems, digital printersLandscaping EquipmentManufacturing and Production EquipmentMedical/Dental EquipmentOffice FurnitureSnow...
LFS has financed many different types of equipment over the years.
We decided to analyze which equipment type was leased the most and this is what we found:
Year
Leased Equipment Type
Most Leased Equipment
2021
Construction
Excavators
Skid Steers
Wheel Loaders
2020
Transportation
Trucks
Trailers
2019
Transportation and Aesthetics
Trucks
Trailers
IPL Equipment
While the above chart shows us...
You’ve worked hard to establish your business and make it grow. Now, you need to purchase new or additional equipment to move your business to the next level. Deciding what you want is your job. Our job is to help you navigate the options and determine the best financial solution for your purchase. We offer honest advice about the advantages...
We are proud to announce that LFS Credit & Finance Solutions Inc. is a member of the Canadian Finance & Leasing Association (CFLA).
This membership – or, what we like to call a partnership --- allows us to be part of our industry’s advocacy work such as voicing our customers’ interests in asset-based financing in the equipment leasing industry. Timely...