Leasing For Clients in Canada and U.S.
Providing asset-based equipment and software financing to
commercial and retail clients.
Millennium POS Technologies Inc. has teamed up with National Leasing
Group Inc. to service all of our clients. National Leasing Group
invests heavily in technology and in their people to ensure that they
provide the best product, the best service. The investment includes the
award-winning fastcredit, the on-line credit application evaluation
system that renders credit decisions within minutes - 24 hours a day,
seven days a week.
Leasing equipment and software (over $1,000) presents a number of
important benefits and advantages to clients like you who want to
maximize value and minimize expenditure.
- CASH FLOW REASONS:
When you lease your equipment, you can closely match your rental
payments with the revenue that is produced by using the equipment.
The equipment lease also helps you to keep your debt lines open for
working capital rather than being tied up in capital expenditures.
- TAX BENEFITS:
An equipment lease is essentially a rental program that allows you
the opportunity to write-off your lease payments against your
corporate taxes.
- FLEXIBILTIY:
We can customize a lease program to meet your specific needs. That
customization may include a TO THE POINT Line of Credit from
$10,000 to $150,000. It may also include a payment stream to match
your business cycle, such as the seasonality of your industry.
- OVERCOME BUDGET RESTRICTIONS:
Most businesses and governments operate with budget allocations. A
lease payment may be the way for these organizations to obtain
equipment now when it is needed even if it is not budgeted. Rather
than having $10,000 per year to spend on copiers or computers, the
department can buy all it needs now for an annual payment of
$10,000 per year.
- PAY AS YOU PROFIT:
Equipment leasing enables you to pay for the equipment as it
generates revenue for the business. It also allows you do defer
paying GST and PST; you pay it over the term of your lease rather
than in one lump sum.
- SIMPLIFIED ACCOUNTING:
A monthly lease payment is a routine expense - easy to control and
forecast.
As you know, you can lease anything. The biggest benefit of leasing for
our clients will be: Software Programs from $1,000 to $150,000.
Commercial Credit Guidelines:
- In Business < 2 Years ... Requires correct legal name, company
info, bank info, owner SIN & DOB.
- In Business < 2 Years ... ($1,000 - $25,000) ... Same as above
without owner info.
- In Business < 2 Years ... (Over $25,000) ... Same as above,
financial statements may be required.
We also hope to have up and running a lease calculator that will
enable you to see your lease rates on a monthly basis.
