Bad Credit Equipment Leasing – 5 Leasing Myths


Thanks for visiting us. Commercial Leasing is NOTHING like leasing a car from a dealership!

Call us right now at 1-877-860-4140 because here are 5 myths about leasing equipment! You can even receive bad credit equipment leasing from us!

  1. Leasing is for customers who can’t afford to pay cash or get traditional financing. Not true. Companies and Sole Proprietors lease because they understand the fundamental principle behind “lease what depreciates, buy what appreciates!” For many businesses, operating capital is more valuable than cash tied up in equipment. In most cases, leasing actually costs less than traditional financing, and when the tax advantages of leasing are considered, payments are usually lower than traditional financing.
  2. Leasing is complicated. Today, leasing is common practice for business, and made simple at ConnectLease. With more than $103 billion of financing in place with Canadian businesses and consumers, the asset-based financing industry is the largest provider of debt financing in this country.
  3. Getting approval is difficult. While good credit will increase the likelihood of approval, many factors are considered such as time in business and comparable business credit. ConnectLease has a very high rate of credit approval. Even with bad credit equipment leasing is possible!
  4. I can only lease ‘new’ equipment. You can lease both new and used equipment. The lease is tailored to the customers’ needs.
  5. There are additional expenses at lease end. If all requirements concerning the condition of the equipment are fulfilled, there is no further obligation at lease end. You may return your equipment, purchase the equipment, or lease other equipment.

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You can lease anything! You find it! We finance it!

  • What Our Clients Say

    "What I like is that I can always get a person on the phone, and they can always help me with what I need."

    - Julie, Manufacturing Equipment
    Calgary, AB

    "We are a rapidly growing company in a very volatile business. They have been there for us."

    - Joel, Logging
    Vernon, BC

    "Connect Leases team are great people to work with. They are always available for questions and quotes. They are very customer friendly and have fair rates and terms."

    - Jim, Generator and Welding Equipment

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