Dominion Lending Centres Clearlease Reports Equipment Leasing Equipment Lending and Corporate Finance on the move for Medical Equipment
VANCOUVER, BC (June 21, 2011) Dominion Lending Centres Clearlease Reports Advances in medical technology offer many advantages to today’s physicians, but equipment is evolving so rapidly that practitioners need to think twice before purchasing it outright. Leasing presents an attractive alternative, but only to those who fully understand both its potential benefits and risks and then leverage that understanding during an informed and productive negotiation.
Premature obsolescence is one of the obvious risks of purchasing expensive medical equipment outright, but there can be an immediate financial downside as well. “In financing the purchase through a bank, medical practices typically are forced to pay fees on their lines of credit or to make down payments of 20% to 30% of the loan.” The lack of flexibility in loan terms common among banks lately and widespread use of multiple liens may also curtail a practice’s future borrowing options.
In contrast, organizations that might have trouble qualifying for a bank loan often are able to lease equipment with relative ease. One reason is because leasing companies have considerable security n the equipment itself. “They (leasing companies) also evaluate prospective deals based on the cash flow of lessees’ businesses. Knowing that physicians tend to have steady cash flows, leasing companies offer robust menus of financing options for medical equipment,”.
Along with easier access to the latest equipment, it is noted that leasing offers other advantages to medical practices, including:
* Lease payments are carried on the books as current operating expenses, allowing lessees to show less debt.
* Because lessors retain title to the equipment, they generally pass the cost savings associated with depreciation and tax benefits along to their customers.
* Leasing companies often allow physicians to roll over such “soft costs” as training, service contracts and consumables associated with the leases they sign, keeping these often substantial expenses off their balance sheets.
* Leasing puts 100% financing within easy reach; even if a security deposit is required, it is usually equal to about one month’s rental, far less than the hefty down payments typically required for bank loans.
“Doing a good lease deal is all about conducting a smart negotiation, and in negotiations that saying ‘know thy opponent’ is as apropos as ever,”. “Thus, it helps to know how finance companies are structured.” For many physicians, the best option is doing a deal with an equipment manufacturer that offers its own lease financing or with a smaller vendor associated with a large finance company such as General Electric. While many community banks and independent leasing companies are also in the marketplace, dealing with a larger entity offers physicians the convenience of one-stop shopping. And because larger vendors understand that favorable financing is the key to selling equipment, they tend to be more competitive.
Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers Alexander Pidgeon and Rene Pidgeon.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
VANCOUVER, BC (June 21, 2011) Dominion Lending Centres Clearlease Reports Advances in medical technology offer many advantages to today’s physicians, but equipment is evolving so rapidly that practitioners need to think twice before purchasing it outright. Leasing presents an attractive alternative, but only to those who fully understand both its potential benefits and risks and then leverage that understanding during an informed and productive negotiation.
Premature obsolescence is one of the obvious risks of purchasing expensive medical equipment outright, but there can be an immediate financial downside as well. “In financing the purchase through a bank, medical practices typically are forced to pay fees on their lines of credit or to make down payments of 20% to 30% of the loan.” The lack of flexibility in loan terms common among banks lately and widespread use of multiple liens may also curtail a practice’s future borrowing options.
In contrast, organizations that might have trouble qualifying for a bank loan often are able to lease equipment with relative ease. One reason is because leasing companies have considerable security n the equipment itself. “They (leasing companies) also evaluate prospective deals based on the cash flow of lessees’ businesses. Knowing that physicians tend to have steady cash flows, leasing companies offer robust menus of financing options for medical equipment,”.
Along with easier access to the latest equipment, it is noted that leasing offers other advantages to medical practices, including:
* Lease payments are carried on the books as current operating expenses, allowing lessees to show less debt.
* Because lessors retain title to the equipment, they generally pass the cost savings associated with depreciation and tax benefits along to their customers.
* Leasing companies often allow physicians to roll over such “soft costs” as training, service contracts and consumables associated with the leases they sign, keeping these often substantial expenses off their balance sheets.
* Leasing puts 100% financing within easy reach; even if a security deposit is required, it is usually equal to about one month’s rental, far less than the hefty down payments typically required for bank loans.
“Doing a good lease deal is all about conducting a smart negotiation, and in negotiations that saying ‘know thy opponent’ is as apropos as ever,”. “Thus, it helps to know how finance companies are structured.” For many physicians, the best option is doing a deal with an equipment manufacturer that offers its own lease financing or with a smaller vendor associated with a large finance company such as General Electric. While many community banks and independent leasing companies are also in the marketplace, dealing with a larger entity offers physicians the convenience of one-stop shopping. And because larger vendors understand that favorable financing is the key to selling equipment, they tend to be more competitive.
Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers Alexander Pidgeon and Rene Pidgeon.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
Dominion Lending Centres Clearlease Reports Equipment Leasing Equipment Lending and Corporate Finance on the move for Medical Equipment
VANCOUVER, BC (June 21, 2011) Dominion Lending Centres Clearlease Reports Advances in medical technology offer many advantages to today’s physicians, but equipment is evolving so rapidly that practitioners need to think twice before purchasing it outright. Leasing presents an attractive alternative, but only to those who fully understand both its potential benefits and risks and then leverage that understanding during an informed and productive negotiation.
Premature obsolescence is one of the obvious risks of purchasing expensive medical equipment outright, but there can be an immediate financial downside as well. “In financing the purchase through a bank, medical practices typically are forced to pay fees on their lines of credit or to make down payments of 20% to 30% of the loan.” The lack of flexibility in loan terms common among banks lately and widespread use of multiple liens may also curtail a practice’s future borrowing options.
In contrast, organizations that might have trouble qualifying for a bank loan often are able to lease equipment with relative ease. One reason is because leasing companies have considerable security n the equipment itself. “They (leasing companies) also evaluate prospective deals based on the cash flow of lessees’ businesses. Knowing that physicians tend to have steady cash flows, leasing companies offer robust menus of financing options for medical equipment,”.
Along with easier access to the latest equipment, it is noted that leasing offers other advantages to medical practices, including:
* Lease payments are carried on the books as current operating expenses, allowing lessees to show less debt.
* Because lessors retain title to the equipment, they generally pass the cost savings associated with depreciation and tax benefits along to their customers.
* Leasing companies often allow physicians to roll over such “soft costs” as training, service contracts and consumables associated with the leases they sign, keeping these often substantial expenses off their balance sheets.
* Leasing puts 100% financing within easy reach; even if a security deposit is required, it is usually equal to about one month’s rental, far less than the hefty down payments typically required for bank loans.
“Doing a good lease deal is all about conducting a smart negotiation, and in negotiations that saying ‘know thy opponent’ is as apropos as ever,”. “Thus, it helps to know how finance companies are structured.” For many physicians, the best option is doing a deal with an equipment manufacturer that offers its own lease financing or with a smaller vendor associated with a large finance company such as General Electric. While many community banks and independent leasing companies are also in the marketplace, dealing with a larger entity offers physicians the convenience of one-stop shopping. And because larger vendors understand that favorable financing is the key to selling equipment, they tend to be more competitive.
Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers Alexander Pidgeon and Rene Pidgeon.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk