Looking to get financing to replace or update your current snow removal equipment?

Look no further!!!

Newfound Capital Corp provides convenient, timely and reliable equipment leasing throughout Canada. We have a reputation of providing our clients with stress free financing solutions at great rates and by going the extra mile we ensure that every effort is made to acquire the very best possible terms and conditions available in the marketplace.

Some options available to you are:

•     TRADITIONAL LEASING

• LEASE TO PURCHASE

• RENTAL CONVERSIONS

• REFINANCING (SALE LEASEBACKS)

********* APPROVALS GUARANTEED IN 24 HOURS *********

Protecting Your Business Investment

Once you have made the buying decision and the leasing is in place how do you ensure that

you, your asset and your livelihood are well protected? We offer a variety of creditor protection products for you and your key personnel in the event that unforeseen circumstances prevent you from meeting your obligations. Protection of your investment and your livelihood is paramount.

“We get you approved, good or bad credit”

Contact Derek Caines

Office: 709-686-5632 Ext :130

Fax: 888-747-7957

Email:derek@newfoundcapital.ca

www.newfoundcapital.ca

This week`s featured deal was a client who needed financing for factory manufacturing equipment. Our client had applied for financing in the past only to receive declines because of a low beacon score and poor credit history. The equipment financing allowed our client to purchase the equipment they needed to full fill a new contract they had been awarded by a large client in the industry that they serve. Our client was very happy that we were able to assist them with this transaction and ultimately the growth of their business.

Credit Score: 550

Equipment funded: Industrial sewing machines

Equipment Value: $18,500

Additional Collateral: None required

Deposit/Upfront: $3500

Homeowner: Yes

Newfound Capital Corp is a proud member of the Canadian Finance and Leasing Association (CFLA)

HTTP://WWW.CFLA-ACFL.CA/

Call us today for a free quote on your next lease purchase. Or email us at credit@newfoundcapital.ca

At various times in the life of a company there will be requirements for outside assistance in order to grow the business. One requirement will be the need for additional capital. Choosing which financing vehicle is best for your company is very important. It’s choosing the right tool to fix the problem.

Deciding whether to seek equity capital or DEBT FINANCING is the first step. Usually companies trying to get equity capital are very early stage with little or no real assets. While companies on their way to a steady growth curve use debt financing.

The equity route

As the owner of a BUSINESS IDEA, plan, or company – you hold ownership to a subjective value called equity. The equity of any type of property whether intellectual or physical is the value someone is willing to pay for it minus any liability attached to it. In business that could mean the value of an entity today measured in time and money invested versus the value in the future measured by comparable growth.

Once the owner and investor determine the “valuation” of the equity, the owner can then sell parts of the equity in order to RAISE CAPITAL.

On the debt side

Conversely, raising capital through debt financing does not entail “selling” your equity, but instead works by “borrowing” against it. Debt financing is only available to business owners who have something of value that the lender can instantly liquidate.

Many early stage companies turn to private commercial financing which is better suited to deal with riskier issues. FACTORING COMPANIES use the loans you make to customers (invoices for finished work) as the collateral for their funding. Here the emphasis will be the creditworthiness of your customers rather than the credit of your company. Equipment leasing companies will allow you to purchase new equipment and pay for it over time, usually three to five years.

At Newfound Capital we have many options available to you!!

Leasing can make sense when cash is tight,as many businesses have been experiencing more often than not.

Every few years, or whenever the lease term ends,you can upgrade your equipment .

Some lease agreements cover certain repairs,upgrades and maintenance,so you can may not face as many out-of-pocket expenses.

Some equipment depreciates in value so fast  such as computers and copiers that the businesses need not worry about all the upkeep and disposal costs.They just turn the equipment back into the leasing company.

Start-ups without steady or generous cash flow may do well to lease in order to preserve cash.

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This week’s featured deal was a customer that had recently purchased a cargo trailer paying out of pocket.Almost immediately after doing so,the client realized that this may have not been the right choice as they needed the cash flow available and ready for the business they operate.Our client came to us asking for our services,and we were able to help.We provided the client with enough cash flow to operate their business without the stress of looking for alternate routes.In this case, the sale leaseback option was a perfect fit for our client who had a below average credit score along with a credit bureau that had no late payments.

• Industry: Landscaping
• Credit Score: 600
• Equipment Funded: Cargo trailer
• Equipment Cost: 6,750
• ,Additional Collateral: None required
• Deposit/Upfront: 0 (sale leaseback)
• Homeowner: Yes

Amount Funded: 6,750
Newfound Capital Corp is a proud member of the Canadian Finance and Leasing Association (CFLA) http://www.cfla-acfl.ca/

Call us today for a free quote on your next lease purchase, or email us at credit@newfoundcapital.ca

We work with both sellers & buyers to assist them with the aquisitation or disposal of your company`s equipment. You have a business to run and you don’t want to be wasting your valuable time trying to sell your equipment. Excess and idle equipment not only take up space .It restricts working capital tying up money you could be using to grow your business.

Myth #1: Only Certain Assets are Appropriate for Leasing.

– Equipment financing offers a way for business leaders to have the best of both worlds.

– Equipment financing can help the company grow!

– Allows you to hold on to more cash than is possible with an outright purchase of new equipment.

Myth #2: Leasing Locks me into an Agreement and Reduces my Flexibility.

– Well suited for assets a company only wants to use for a relatively short amount of time, such as computers that are prone to obsolescence.

–  Leasing gives a company more flexibility by allowing managers to make decisions at future states and times when circumstances may have changed.

–  At the end of the lease, the company might choose to purchase the equipment.

Myth #3: Leasing is Too Expensive

– Leasing offers cash-flow savings on a monthly basis compared to purchase payments. And in the case of sale-leasebacks, companies can lock in today’s competitive interest rates .

– Also, when a company holds onto an asset too long costs can mount up. Such as maintenance, downtime, disposal and remarketing.

-Leasing is less expensive than ownership over the long run.

http://www.industryweek.com/corporate-finance-amp-tax/three-common-equipment-finance-myths

This week`s featured deal was a customer that had damaged credit.

We were able to get this client approved for financing with good terms and a reasonable down payment. The deal was processed in a timely manner and the client was very happy that we were able to get him financed considering he had been declined at the banks, and the dealership.

• Industry: Construction (Roofing contractor)
• Credit Score: 550
• Equipment Funded: One new 2014 Ford F150 Truck
• Equipment cost:  $49,500
• Additional Collateral: None required
• Deposit/Upfront:  15% required
• Homeowner: No

Amount Funded: $49,500
Newfound Capital Corp is a proud member of the Canadian Finance and Leasing Association (CFLA) http://www.cfla-acfl.ca/

Call us today for a free quote on your next lease purchase, or email us at credit@newfoundcapital.ca