Canada's Choice for Commercial Furnishings

Hospitality Furnishings has teamed up with Equilease to offer our clients the option of financing and leasing the furnishings they select. Leasing your furniture with Equilease offers the advantages below.

Accounting and Tax Advantages

  • Lease payments can be deducted as business expenses, reducing the net cost of your lease. Most leases will even allow you to write-off the full payment.
  • You may expense lease payments instead of depreciating them as a capital cost. Debt to Equity ratios are also unaffected because the furniture is kept off of the balance sheet.
  • With purchasing or financing the federal and provincial sales taxes must be paid upfront, but with leasing the sales tax is spread over the term of your lease.
  • Leases typically do not require a down payment, 100% of the purchase price is financed.
  • Preserve your capital and bank line of credit for day-to-day operating expenses and unforeseen emergencies.
  • Make small monthly payments rather than take a loan or have a large cash outlay.


Flexible Payment Terms

  • Payments can be arranged according to your expected seasonal earnings.
  • Control the turnover and cost of your furnishings

Variety of Leasing Options

  • Equilease offers more than 8 leasing options that can be customized by expert leasing advisors to meet your growth and profit objectives.
  • Upgrade furniture by returning it and trading-up.
  • Obtain the use of a piece of furniture for short term contracts.
  • Maintain your competitive edge and not be left owning unused furniture at the end of a job or contract.


Higher Rates of Approval

  • Equilease is in a position to approve most leases in as little as 15 minutes. Banks often take days, even weeks to respond to your request.
  • Leases are often easier to obtain and have more flexible terms than loans, making it the perfect option for those who have credit issues.
  • Quickly acquire new furniture as it is needed.

 

For more information on our leasing and financing options contact us by email or call us at 905 728 2788 or Toll Free at 844 939 2788

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44 William St West Unit 1,
Oshawa, Ontario, L1G 1J9

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905.728.2788
844.939.2788 (Toll Free)

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