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Diagnostic equipment Leasing

Diagnostic equipment Leasing


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Fair market value: Defer a portion of your equipment’s purchase cost to the end of the lease, at which time you have the option of purchasing the equipment for fair market value or walking away altogether to finance new equipment with the latest upgrades.

Seasonal payment periods: This is perfect for businesses where cash flow is seasonal like farms or golf courses. Here, you can design a payment cycle that matches your business’s seasonal revenue. A six month on, six month off payment schedule is most popular.

Flexible buyout options: We’re nothing if not flexible. That’s why we offer a number of different buyout options, ranging from $1 all the way to a 50 per cent of your total equipment cost. And don’t let the word “leasing” fool you. You’ll own your equipment after buyout.

Step-up or step-down option: If you anticipate changing cash flow needs for your business, this option allows you to arrange payments that match your business’s varying revenue so you’re paying for your equipment when it’s making you money.

Customize your payments to match your cash flow

CWB National Leasing in Winnipeg

For product or service information, customizing, or other questions


Resources

  • Step 1: Go shopping Find the equipment you want at the equipment dealer of your choice. Make sure to record any identifying specifications and options that you want, along with an approximate cost.
  • Step 2: Complete your application Take five minutes to complete our online application. You can also apply through your local CWB National Leasing Account Manager by calling 1-888-620-8004.
  • Step 3: Have a chat with us We’ll give you a call to review the details of your application and some of the finance options available to you. We’ll then contact your equipment dealer to negotiate purchase of the equipment you want.
  • Step 4: Receive your equipment Upon approval of your lease and finalization of your documentation, we’ll contact your equipment dealer, notify them that payment is on its way and you’ll get your equipment.
  • Step 5: Repeat as required

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About this item

  • Get your equipment fast
  • Control your cash flow
  • Potential tax savings
  • Seasonal payment options
  • Increase buying power

Description

Elevate Your Auto Service with Vehicle Diagnostic Equipment Leasing from CWB National Leasing Revolutionizing Your Automotive Diagnostics with State-of-the-Art Equipment Solutions For automotive repair shops, dealerships, and service centers, having the latest vehicle diagnostic equipment is essential for providing accurate and efficient service. Leasing this equipment through Canadian Western Bank (CWB) National Leasing offers a flexible, cost-effective, and efficient solution for businesses looking to enhance their diagnostic capabilities. Here’s how leasing vehicle diagnostic equipment can benefit your automotive business: 1. Fast Access to Advanced Diagnostic Tools CWB National Leasing recognizes the importance of having up-to-date diagnostic tools in the automotive industry. They offer a rapid leasing process, with decisions typically made within 48 hours of application submission. This quick turnaround ensures that your diagnostic equipment can be delivered and operational swiftly, enhancing your service quality and turnaround times. 2. Enhanced Financial Flexibility Leasing vehicle diagnostic equipment with CWB National Leasing increases your buying power. It allows you to spread costs over manageable periodic payments rather than a large upfront investment, freeing up capital for other important business operations. The flexibility to add extra features or accessories to your equipment for a small payment increase enables customization to meet specific service needs. 3. Effective Cash Flow Management Manageable lease payments over the term mean your diagnostic equipment starts contributing to your business’s revenue while it's being paid off. This strategy helps maintain a healthy balance between expenses and income, crucial for business growth and financial stability. 4. Customizable Payment Plans CWB National Leasing offers a variety of payment options, including seasonal, semi-annual, or annual plans, tailored to your business’s financial cycle. This flexibility is particularly beneficial for businesses with variable or seasonal income, ensuring that payments are practical and aligned with your financial situation. 5. Potential Tax Benefits Leasing vehicle diagnostic equipment can offer tax advantages, such as the ability to expense lease payments instead of capitalizing the cost of the equipment. Consulting with a tax advisor is advisable to understand how leasing can positively impact your business’s tax position. Conclusion Opting to lease vehicle diagnostic equipment through CWB National Leasing is a strategic decision that equips your automotive business with the latest tools while maintaining financial agility. It ensures access to advanced diagnostic technologies, vital for providing high-quality vehicle maintenance services, without the financial burden of a large upfront investment. This leasing approach enables enhanced service efficiency, improved diagnostic accuracy, and increased customer satisfaction, helping your automotive business to thrive in a competitive market.


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