| Financing (EDC & Leasing)
Linear
Transfer Automation Inc., with support from Export
Development Canada (EDC), can provide competitive
financing and payment options to U.S. and international
buyers of our equipment.
With EDC's financing assistance,
we can offer flexible services based on the following:
* Up to 85% of the commercial contract
price
* US dollars or other acceptable currency
* 3 to 5 years repayment term based on risk and
transaction size
* Fixed or floating interest rate (based on US
Treasury or Libor)
* Customized financial packages
* Financing subject to credit approval by EDC
WHY BUSINESSES LEASE
LEASING CONSERVES CAPITAL
Working capital and bank lines of credit are preserved
when you use leasing. This means that you will
have more money available to invest in other profit-generating
activities.
LEASING PROVIDES AN ALTERNATE
CREDIT SOURCE
When you decide to lease, the existing line of
credit you have established at the bank remains
intact for other credit needs. This feature is
essential to expanding businesses because growth
requires working capital from every available
source.
LEASING OFFERS FLEXIBILITY
As your business grows or technology changes,
additional or upgraded equipment will be required.
With leasing, you can add or upgrade equipment
at any point during the lease term. Leasing also
accommodates step payments, skip payments etc.
and can be customized to your specific needs.
LEASING OVERCOMES BUDGET
LIMITATIONS
Lease payments are often lower than purchase installments,
making the most of your current budget. This allows
you to acquire the equipment needed to meet current
needs, rather than being forced to make do with
outdated or inferior equipment because of budget
restrictions.
LEASING AVOIDS OBSOLESCENCE
The productivity of your work force is only as
good as the technology they utilize. Leasing offers
you the ability to take advantage of new technology
as it is introduced.
TAX BENEFITS
Certain lease structures allow monthly payments
to be treated as tax deductible operating expenses.
Your accountant can advise you on the best way
to account for these payments.
CONVENIENCE
Leasing is easy and convenient. Documentation
is minimal, payments are simple to budget, and
the income generated by the equipment makes the
lease pay for itself.
We at Linear Transfer Systems, offer
to provide our customers with one stop shopping
for their convenience. If you do want to explore
leasing options, we can quote payments and handle
all necessary documentation because we do realize
how busy you are!
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