If you’re in the construction, rental, or reselling business in Canada, you understand the importance of maintaining sufficient inventory without draining your cash flow. Whether you’re restocking your temporary fence panels or launching a new rental business, financing your fence can be a game-changer. At Olivec Canada, we offer our clients an easy and secure financing option through our trusted partner, Tandem Canada.
Why Consider Financing your fence ?
We know that acquiring equipment can be challenging, especially when capital is limited. With Tandem, most businesses can qualify for lease financing without perfect credit or additional collateral. By leveraging financing, you can expand your business without sacrificing liquidity.
Key Benefits of Lease Financing
1. Conserve Your Cash
Rather than making a large upfront investment, financing your fence allows you to pay in manageable monthly installments, freeing up capital for other operational expenses.
2. Preserve Your Lines of Credit
When you finance a fence, you keep your cash reserves and credit lines open for other essential business needs such as payroll, marketing, or unexpected expenses.
3. 100% Financing Available
Unlike traditional loans that require a down payment, lease financing typically covers 100% of your equipment costs, allowing you to invest in your business without immediate out-of-pocket expenses.
4. Pay with Cash Flow
Your lease payments are made over time as you generate income from your rented or utilized fence panels. This means the equipment essentially pays for itself while remaining a valuable asset to your business.
The Hidden Tax Advantage of Lease Financing Your Fence
Here’s a little-known but significant advantage of lease financing: tax deductions. When you purchase physical assets such as equipment or vehicles outright in Canada, you typically cannot deduct the full expense in your tax return immediately. Instead, you must depreciate the asset over a period of 2-3 years.
However, when you finance your temporary fence panels, the leasing company (Tandem) technically owns the asset until the lease term ends. This means that your lease payments are considered a business expense, which can be deducted from your taxable income from day one. This provides you with an immediate financial advantage and greater flexibility in managing your taxes.
How to Get Started?
Applying for financing with Tandem Canada is quick and straightforward. Their team of professionals is dedicated to helping businesses like yours secure the right financing solution with flexible repayment terms. When requesting a quote from Olivec Canada, simply mention that you’re interested in financing options, and we’ll guide you through the process.
At Olivec, we don’t profit from offering this financing option; our goal is to empower our customers with tools that help them grow and succeed. If you’re ready to expand your inventory while keeping your cash flow intact, lease financing is an excellent choice.
Contact us today to learn more about how financing can help you scale your business efficiently and take advantage of significant tax benefits. When you grow, we all grow together.
