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Lathes Leasing

Lathes Leasing


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Customize your payments to match your cash flow

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.

Customer service that goes the extra mile: Our team of over 400 staff Canada-wide are happy to help with every aspect of your equipment financing needs.

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.

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.

CWB National Leasing in Winnipeg

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  • 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

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

Description

Enhance Your Manufacturing Precision with Lathe Leasing from CWB National Leasing Transforming Your Production with Flexible and Advanced Equipment Solutions In the manufacturing and metalworking industries, lathes are essential for precision shaping and machining of various materials. Leasing lathes through Canadian Western Bank (CWB) National Leasing provides a strategic and financially sensible solution for businesses looking to upgrade or expand their production capabilities. Here’s how leasing lathes can benefit your manufacturing operations: 1. Rapid Equipment Procurement CWB National Leasing understands the need for timely equipment acquisition in fast-paced manufacturing environments. They offer a swift leasing process, with decisions typically made within 48 hours of application submission. This quick turnaround means your lathes can be delivered and operational promptly, minimizing disruption and enhancing your production line efficiency. 2. Increased Financial Leverage Leasing lathes with CWB National Leasing empowers your business with enhanced buying power. Opting for periodic payments over a hefty initial purchase frees up capital for other vital business needs. Additionally, the flexibility to add extra features or accessories to your lathes for a small payment increase allows for customization to meet your specific production requirements. 3. Effective Cash Flow Management Smaller lease payments over the term mean your lathes start contributing to your business’s revenue while they're still being paid off. This approach is essential in maintaining a balanced expense-to-revenue ratio, crucial for the financial health and growth of your business. 4. Customizable Payment Plans CWB National Leasing offers various payment options, including seasonal, semi-annual, or annual plans, tailored to your business’s revenue cycle. This flexibility is particularly beneficial for businesses with fluctuating or seasonal income, ensuring that payments are manageable and fit your financial situation. 5. Potential Tax Benefits Leasing lathes 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 recommended to explore how leasing can optimize your business’s tax position. Conclusion Opting to lease lathes through CWB National Leasing is a strategic decision that equips your manufacturing business with essential machinery while maintaining financial agility. It ensures access to advanced lathes, vital for precise and efficient production, without the financial burden of a large upfront investment. This leasing approach enables enhanced operational capabilities, increased production capacity, and greater profitability, helping your business to thrive in the competitive manufacturing sector.


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