Guest Blog Post Authored By: Ramona Mutter, Senior Manager, Credit Operations
Aug 24, 2017 4:00:00 AM
Feb 2, 2017 4:01:00 AM
Together, with the rest of the Flaman Trailers team, Lee helps Canadians from Alberta to Manitoba get the trailers and haulers they need to make transportation a breeze.
Every business needs equipment, but it’s a major investment and it’s common to see customers pivot, wide eyed, out of your showroom after seeing the price tag. That’s sticker shock, and it’s not that your equipment isn’t worth its value; it’s that customers aren’t willing to part with their precious cash.
So how do you convert shoppers wary about paying one lump sum payment into customers pining for your equipment? The answer is pretty simple: make the purchase painless.
Dec 29, 2016 4:01:00 AM
Now, come back to the future. Your equipment is still performing but your purchase has hindered cash flow and you need working capital for your next opportunity.
Thankfully, you won’t need plutonium to reach your previous levels of cash flow. Instead, you can use an innovative form of financing known as a sale-leaseback.
A sale-leaseback can turn your existing equipment into liquid assets, making immediate capital available for other investments or upgrades. It also offers competitive financing rates and eliminates some of the risks of ownership.
Dec 15, 2016 5:10:30 AM
With goals of increasing physical activity in Ontario, the province created the Ontario Sport and Recreation Communities fund in 2013. Since the program’s inception, it has supported over 400 projects province-wide, aiding over 425,000 residents in getting involved in physical activity.
The backbone of the program is predicated on embedding physical literacy as a foundation for lifelong physical activity among individuals of all ages. In addition to strengthening the community sport and recreation sector by providing training in key areas such as coaching, youth development and volunteer development, the program provides residents with additional opportunities to remain physically active. This also applies to those who experience barriers to participation and those who might be traditionally less active.
Dec 8, 2016 4:01:00 AM
You just experienced the disorientation from Googling “Falling Oil Prices.” Are you any closer to knowing the effect these low prices have on your business? Probably not since no one knows what the exact outcomes of the price drop will be.
Suggested Reading: Why oil prices keep falling
Falling oil prices will be a benefit to some businesses and a loss for others. Companies that rely on the energy industry may be hit hard, while other companies driven by consumer spending could see a sales jump thanks to increased disposable income.
Leasingcan ease the negative financial impact from falling oil prices or help capitalize on a sales increase. Let’s take a look at five ways leasing will help you take advantage of a decrease or increase in sales.
Nov 17, 2016 4:02:00 AM
It’s an alternative to purchasing or traditional financing and has specific benefits that can make it more ideal depending on your situation, industry, and business goals.
Below, you’ll find our complete guide to leasing. We’ve included a video and FAQ to equip you with everything you’ll need to know for your next equipment lease.
Nov 10, 2016 7:30:34 AM
It’s why we try and keep our leasing contract short and simple.
Here’s a copy of our contract. Pretty simple, right?
We have some terms and conditions, too. Although they aren’t as tough to read as those nitty-gritty legal terms you’ll find in your mortgage contract, we understand you might not look them over in your excitement to get equipment. That’s why we’re here to help. Don’t worry; we won’t explain every term and condition. We’ll only answer some of the more common contract questions that customers ask.
Oct 27, 2016 5:20:58 AM
Every year the Ontario Trillium Foundation (OTF) awards over $130 million in grants to approximately 1,000 public benefit sector organizations and is one of Canada’s largest granting foundations. This number alone reflects a $20 million increase in available grant funding than what was available just two years ago.
As the program matures, additional initiatives and program guidelines have been added, removed and simplified. One such change for 2017 is the streamlining of the grant’s application process. While the program is still operating under its four main investment streams: Seed, Grow, Capital, and Collective Impact, applicants will now only be required to remember one date when it comes to application deadlines. Moving to a one-deadline-per-year system mirrors other successful initiatives such as the Ontario Media Development Corporation and the Ontario Arts Council.
Oct 20, 2016 5:49:04 AM