Yes, at Xpansion Leasing, we are specialized in providing a flexible financing and leasing options for all type of building equipment included but not limited to HVAC, Chillers, Boilers, Elevators, Solar, Security Systems, Life Safety Systems, Building Automation, Refrigeration Systems, Parking Solutions, EV Charging Station, and other unique application.
The fund from Xpansion Leasing’s Pre-Strata Development program is utilized to finance capital assets of a building that will become the responsibility of the strata once occupancy has occurred. We assist developers and builder to include the proper information in the disclosure statement in regards to the lease payment.
Leasing eliminates unpredictable capital and operating cost surprises. The low monthly lease premium provides many benefits, including:
Cash incentives and/or energy rebates
No capital outlay required for equipment
No capital budgeting necessary
100% business operating expense
Increase buying power
Leverage your buying power and free up cash with periodic payments rather than one upfront purchase. You can also add extra features or accessories to your equipment for a small payment increase.
Control your cash flow for businesses
Leasing allows the immediate acquisition of needed equipment, while retaining the use of working capital. Equipment leasing saves your working capital for day-to-day business expenses or unexpected construction or maintenance related expenses. Moreover, since a lease is independent from other sources of financing, it preserves operating and other credit lines should they be required for other purchases.
Potential Tax Savings
In many instances, leasing provides a business with income tax benefits by allowing you to expense lease payments rather than depreciating the capital cost of equipment. Always consult your tax advisor to find out how leasing can benefit the tax position of your business.
Loans and lease to condominium corporations or strata are made to the corporation as a whole rather than to individual unit owners. On behalf of all unit owners, the strata council takes the corporation through the application process directly with our leasing experts. We do not require individual credit checks on unit owners or their personal financial information.
In strata financing, the strata plan is the borrower, not the individual owners. Consequently, a separate mortgage charge is not placed on each individual unit in the complex. This means that loans do not impact the current financial arrangements such as mortgages that individual unit owners may have in place. Instead, the loan balance owing, based on each unit’s pro rata share, is reflected in the status certificate of each unit.
Xpansion Leasing offers equipment lease buyback. A lease buyback is an arrangement where you sell your recently purchased equipment to Xpansion Leasing and we lease the equipment back to you. This allows you to acquire cash for your operating expenses or other needs for your business or your strata.