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Equipment leasing gives you access to much-needed equipment without the higher monthly cost associated with a loan. In many cases, your business can also avoid a down payment, saving you thousands.
Equirex Leasing Corp., is a capital leasing (or asset-based lending) company with its headquarters in Oakville, Ontario, Canada. Founded in 1996, Equirex finances leases in every province in Canada. [2] The company serves multiple markets including agricultural leases, "B-Finance" capital leases, and industrial equipment leases.
United Rentals, Inc. is an American equipment rental company, with about 16 percent of the North American market share as of 2022. [4] It owns the largest rental fleet in the world with approximately 4,700 classes of equipment totaling about $19.3 billion in original equipment cost (OEC) as of 2022. [5]
Equipment loans often have a higher payment than an equipment lease but allow you to own the asset outright at the end of the loan term For many business owners, buying equipment is an important ...
Equipment rental was first developed in Anglo-Saxon countries. It emerged in the UK after the First World War and has now become a multi-billion euro business providing a wide range of construction and industrial equipment for customers globally.The American Rental Association was founded as early as 1955, [1] and the first waves of consolidation took place in the 1970s in North America ...
In the United States, this spread into leasing the assets of U.S. cities and governmental entities and eventually evolved into cross-border leasing. One significant evolution of the leasing industry involved the collateralization of lease obligations in sale leaseback transactions. For example, a city would sell an asset to a bank.
OTTAWA (Reuters) -Canada plans to ease a housing shortage by leasing public land to developers for construction of affordable houses under a plan unveiled by Prime Minister Justin Trudeau on ...
eCapital's financial services are aimed at small and medium-sized businesses in North America and the UK. [2] These include eCapital Connect, a platform for managing financial transactions, alongside services like Invoice Factoring, Freight Factoring for transportation companies, and Factoring for commercial entities, Asset-based lending, healthcare receivables financing, and Payroll Funding ...