Equipment Leasing & Financing Options

We can provide equipment financing. Equipment with a value of up to $250,000 can be leased to purchase. We also offer 27 and 40 month leases with a 10% early buyout option or another with a fair market value buyout.

NO MONEY DOWN , 24 OR 36 MONTH PERIOD, $10.00 BUYOUT

For purchasing all our equipment with a lease to won contract contact Irwin Commercial with any questions you may have.

IRWIN COMMERCIAL FINANCE COMPANY
ONE UNIVERSITY AVENUE, SUITE 515, TORONTO ON, M5J 2P1

TEL: 416-340-1881 ext. # 8190 Toll Free  1-877-340-1881
FAX.: 416-340-8038 Toll Free 1-877-340-8038

Contact: Sean Smyth (cell 647-209-4808) email ssmyth@irwincf.com

Growing a small business is full of challenges. One of the greatest is finding the proper financing for that growth. Irwin Commercial understands this and has many different leasing and financing plans available, each specifically designed to help small businesses grow.

A LEASE THAT MAKES SENSE

Equipment leases can be used to finance just about any type of equipment used in your business: they can be for both new and used equipment, with terms that vary from one to five years to suit your budget.

All leases are designed with a pre-set purchase option at the end, so there are no surprises. All leases have a fixed monthly payment, which cannot be increased and cannot be recalled like bank facilities.

FINANCING TODAY & TOMORROW

Leasing enables your business to acquire equipment, whether it be office or production equipment, today, and pay for it with tomorrow’s dollars, thus conserving working capital and bank lines of credit, generally intended as operating funds for financing receivables, raw materials and inventory for resale. Most bank lines are secured by assignment of accounts receivable and are intended as “operating lines” or revolving credit, not for purchase of “fixed assets”, which cannot be liquidated in the same way as can inventory or accounts receivable. Equipment is acquired for a specific purpose, which is intended to increase productivity and reduce overheads, thus the use of that equipment is more important than who owns it. In addition to this, there can be definite tax saving advantages to leasing, depending on how the lease is set up from an accounting point of view. Irwin can set up pre-approved lines of credit for equipment acquisitions. With established businesses, usually, the only security required on a lease is the leased equipment itself, whereas your bank, in many cases, requires the same guarantees which were put in place for existing borrowing, such as operating lines.