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Edmonton is the stepping off point for many of the energy-rich areas in Alberta’s North. As such – many Edmonton Energy companies source equipment and financing or leasing through Edmonton and the Edmonton region. Similarly, in Alberta’s agricultural landscape, large farm equipment is also regularly in demand and carries high acquisition costs.
When trying to procure heavy equipment, having a good financing supplier like Yellowhead Equipment Financing is crucial.
Why would you want to consider Yellowhead as a partner in your Equipment sourcing?
- You can lease equipment when you don’t want to purchase it outright
- When you need to upgrade or replace worn equipment unexpectedly
- When you require additional equipment to increase capacity
- Leasing or buying NEW heavy equipment/machinery which has a high initial cost
There are dozens of businesses that can take advantage of Equipment leasing and Financing through Yellowhead Equipment Financing. We work with businesses like yours every day to provide access to capital for:
- Restaurants, Bakeries, Breweries, and general food service businesses
- Body-shops, Mechanics, or Heavy Duty repair providers
- Office environments
- Medical or dental clinics
- Gyms, Spas, or Business equipment users
Concerned about Eligibility? Consider existing equipment as collateral.
The equipment you already own in Alberta can often be considered as collateral on any new leasing or financing you want to achieve. If possible within the deal made by your lender, Yellowhead can assist with an evaluation of your equipment and determine its value such that you can then leverage it as collateral. If approved, you’ll be able to secure an appropriate amount of money with a more reasonable interest rate than a typical unsecured (non-collateral) loan, which you can then spend on:
- Common Collateral sources:
- Cars, trucks, and other vehicles
- Property
- Equipment or Machinery
Using collateral to secure financing also frees up potential cash for:
- Reinvestment in your business
- General business expenses
- Marketing or sales initiatives
If you’d like to learn more about what Leasing and Financing Options are available to you, and what your Collateral might be worth to improve your lease or finance options – Contact Yellowhead Equipment Finance today!
