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, […]
Companies should really be thinking about their heavy equipment finance solutions such as their price range limitations, forecast of operational wants, and whether or not their resources should be allocated to improve use elsewhere. Leasing the heavy equipment you`ll need ,including bulldozers, cranes, dump trucks, skid steers ,or other comparable pieces gives you the freedom you need to make your business grow. At Newfound Capital Corp our focus is on you! Getting you the financing you need when you need it! For a free quote please contact us at 1-855-700-0225 or go online www.newfoundcapital.ca
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.
