WINNIPEG, MB: Falcon Leasing, a Winnipeg equipment and vehicle leasing company, has announced that it offers lease buybacks to eligible businesses in Manitoba.
Lease buybacks are a financial arrangement in which a business can sell equipment free of creditor claims, liens, and other encumbrances to leasing companies—also known as lessors. The leasing company will then lease the equipment back to the business.
Businesses may opt to use lease buybacks in order to reduce operational costs, increase cash on hand, take advantage of the tax benefits associated with leasing, and finance new purchases when other financing options are unavailable.
Ivan Normandeau, a senior account manager at Falcon Leasing, commented on how lease buybacks offer more flexibility to businesses: “Securing financing can be a challenge for some businesses, and one of the advantages of owning equipment is that it’s an asset that can be leveraged to improve your cash flow and help finance larger purchases,” said Normandeau. “As a leasing company, we’re always looking for ways to help businesses grow. By offering lease buybacks, we can help businesses unlock the money available in their equipment assets without needing to sell that equipment. This means they don’t need to disrupt business operations—and they can use the cash that they receive to grow their business, and even to lease new equipment to modernize their operations.”
Founded in Winnipeg, Falcon Leasing has offered equipment leasing in Winnipeg and throughout Manitoba for over 30 years. It provides a variety of equipment leasing services, leasing heavy equipment, manufacturing equipment, farming and agricultural equipment, medical equipment, golf equipment, and vehicles of all kinds, including cars, trucks, and campers. Falcon offers leases with flexible terms that are tailored to the needs of business owners, as well as other services, including lease buybacks, to help businesses afford equipment, improve their balance sheets, and grow.
For more information, visit www.falconleasing.ca.
