Equipment Leasing Program

Since 1983, we have provided fast equipment leasing for small to mid-size companies throughout Canada. At Tanner, our focus is on service, competitive rates and fast approval.

Currently, 80% of Canadian small to mid-size businesses lease at least one piece of equipment, with 95% of those saying they would lease again. Such is the value of Equipment Leasing.

At Tanner, we typically deal with both customers and vendors, and aim to provide equipment leasing services that are easy to understand and customized to your needs.

We encourage you to browse our website to not only discover our services, but to gain a better understanding of the equipment leasing process. If you have a question that is not covered in our Frequently Asked Question sections, please contact us by email or by phone and we will be pleased to address your inquiries.

We thank you for your interest in Tanner’s Equipment Leasing Program, and look forward to being of service to you.

Why Should you Lease

Leasing Provides Total Financing - Leasing offers 100% financing, and unlike a bank loan, usually requires no down payment or equity investment. Taxes, service contracts and other soft costs not typically financed by a bank can be included in the amount of the lease. One or two monthly payments in advance are usually all that is required.

Manufacturer's Warranties and Guarantees - You make the arrangements as to price and specifications with the supplier you have selected. You retain all manufacturers' warranties and guarantees.

Lease Term - Lease terms are typically from two to five years... most of the time less than the useful life of the equipment. Nearly always this term is longer than a normal loan period from a borrowing source, resulting in lower monthly payments.

Retaining Cash on Hand - Most other financing demands a large down payment, deposit or compensating bank balance. With a lease you can quickly acquire use of the equipment you want without major cash outlay.

Simplifies Bookkeeping – One rental payment = one entry in your books. There is no need to keep depreciation schedules, tax records, or complicated cost schedules.

Balance sheet management - Because an operating lease is not considered a long-term debt or liability, it does not appear as debt on your financial statement, thus making your company more attractive to traditional lenders when you need them.

What do we lease?

Our Clientele:

Tanner Financial Services Inc. leases equipment to wide variety of businesses and industries. If you do not see a category listed below that applies to your specific leasing requirement, please contact us as this is only a brief overview of what we finance. Some of the products we lease are:

• Health Care & Medical Equipment
• Printing & Graphic Arts Equipment
• Office Equipment
• Construction Equipment
• Clothing Manufacturers
• Health & Fitness Equipment
• Technology-based Equipment

Additionally, Tanner Financial Services Inc. also offers a Sale-Leaseback program for customers who have purchased their equipment, but now have decided that leasing would be more beneficial. Sale-leaseback also allows companies to raise cash for other investments or cash flow purposes.
For example, a business that has already purchased equipment sells it to a leasing company, which then takes ownership of the equipment and leases it back to the business. Tanner Financial Services requires that the equipment be purchased within 90 days.

Tanner Financial Services Inc. is committed to giving your company a competitive edge by leasing the latest and best equipment you need to grow your business. We are experienced finance professionals who understand the complex needs of the small to mid-size business owner. Our unique approach will allow you to acquire the equipment you need through a variety of attractive and versatile leasing options.