Lease Calculator & Credit Application – Canada Computers & Electronics2018-11-26T12:22:24+00:00
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Lease Calculator & Credit Application

  • 100% Financing

    100% Financing

    Leasing provides 100% financing to free up additional capital that can be re-invested on the business for higher capital returns.

  • Conserve Cash

    Conserve Cash

    Leasing allows you to conserve the cash and leverage up the buying power of your operating or capital budgets and outsource any budget limitations. Leasing allows you to use your cash elsewhere in the business, where it will generate better capital returns.

  • Preserve Lines of Credit

    Preserve Lines of Credit

    Credit lines with banks are valuable and difficult to establish; they should be used to grow your business. No one in business experiences financial difficulty because they have too much cash.

  • No Pre-Payment of Taxes

    No Pre-Payment of Taxes

    Applicable taxes are paid only on the monthly lease payment; you do not pre-pay the applicable taxes up-front on the initial capital cost.

  • Leasing is Convenient

    Leasing is Convenient

    Unlike dealing with bank loans, leasing is an easy and convenient process. Typically, all we require is a one-page application for any request up to $75,000.

  • Leasing is a Hedge against Inflation

    Leasing is a Hedge against Inflation

    Since payments are applied to the use of the equipment, you are not paying for ownership of a depreciating asset. Furthermore, your cash savings can yield excellent capital returns.

  • Leasing Provides Fixed Rate Financing

    Leasing Provides Fixed Rate Financing

    Leasing is not subject to market fluctuations and interest rate increases. The monthly lease payment is secured and fixed for the term of the lease. This makes it much easier to project cash flow and budgets for planning purposes.

Credit Application

Overview

Please read our privacy policy before completing the Business Credit Application form. If a field is not applicable, enter N/A. If you prefer, you can download and print the credit application:

Business Information

Applicant Information

Year
Month
Day

Credit Information

Personal Net Worth Statement

Assets

What you own in Dollars

Liabilities

What you owe in Dollars

Dealer Name and Equipment Details

Submit Application

I/We certify the above information to be true and correct. I/We hereby authorizes Commercial Leasing Group Inc., and / or any of its designated underwriters, or an authorized Equifax Agent, to obtain, or exchange personal information in whatever manner it may deem satisfactory, all the credit information it requires, whatever the source, such source(s) being hereby authorized to provide such information.

CONSENT TO PERSONAL INFORMATION SHARING. Lessee consents and authorizes Lessor and its agents, at any time to communicate with and disclose to third parties (including Credit Reporting Agencies, Credit Exchanges, Leasing Brokers and Credit Grantors) any of Lessee credit, financial and personal information that Lessor deems necessary to complete, service or enforce this Lease and Ancillary Agreements, including additions, modifications, updates or other related transactions, including but not limited to the Assignment, Sale or Securitization of this Lease. This clause survives the term or termination of this Lease.

CREDIT INVESTIGATION. Lessee hereby authorizes Lessor to conduct financial and credit investigations of Lessee for the purposes of approval, maintenance and enforcement of this Lease, or any judgement obtained by Lessor as a result of any default hereunder, and to obtain any information required from any source to which it may apply, and each source is hereby authorized to provide such information to Lessor. This includes, but is not limited to, the Lessor obtaining information from any credit reporting agency, creditor of Lessee, or banking and other financial institution where Lessee may have credit or depository facilities. Lessor may obtain such information at any time before or during the Lease Term or after termination of the Lease in the event any monies remain owing to Lessor.

WAIVER. The parties hereto agree that this Agreement and all documents related thereto be written in the English language. (Les parties en présences conveniennent à ce que ce document soit rédige en anglais.)

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