Equipment Leasing Program

Q: What kind of equipment can I lease through Tanner?

A: Although we specialize in leasing Printing & Graphic Arts equipment, the Tanner Equipment Leasing program allows you to lease any kind of equipment you would like. Tanner’s current lease portfolio includes construction/manufacturing equipment, medical equipment and health & fitness equipment to name a few.

Q: Will I get a competitive leasing rate?

A: Yes. In fact, Tanner has consistently provided competitive leasing rates. Tanner leases to A, B, and C type credit risks. Our rates are largely reflected on the financial strength and security of your company.

Q: Is there a maximum or a minimum lease amount?

A: The minimum lease amount Tanner will consider is $7,500.00 CDN.

Q: My Equipment supplier requires a deposit. What are my options?

A: In this scenario, there are a few possible options. First, you may pay the deposit and lease the balance, or lease the entire cost of the equipment including the deposit. Also, you will be able to request a deposit reimbursement upon your application. This means that we pay the equipment supplier in full, and the equipment supplier will return your deposit.

Q: Must the equipment I am leasing be insured?

A: Yes, you will need insurance. In most cases, your business insurance will cover equipment leases.

Q: Can I include services such as consulting and training in my lease?

A: In certain circumstances, “soft costs” such as training and installation can be financed. As long as these costs reflect an acceptable percentage of the overall transaction amount. Tanner does not finance consultancy fees.

Q: Can I re-lease equipment that I have already purchased?

A: Yes. This what is known as a sale-leaseback. This option is typically available for equipment that has been purchased within the past 90 days.

Q: Can I finance the remaining balance if I have placed a down payment on the equipment?

A: Yes, if you choose to make a down payment you can subtract that amount from the total owed on the equipment. This scenario can also help fast-track your approval. Remember, however, that you will not own the equipment until the lease ends.

Q: Will Tanner lease to start-up companies?

Yes. Tanner will consider financing to companies that have been in business for less than two years. We require that you fill out a consumer credit application along with the commercial lease application.