Toronto | New York
 
 







 



When you need to purchase equipment you basically have three options. Obtain a lease, loan or pay cash. We believe leasing is your best option and here's why.
Lease your equipment and keep the maximum amount of your cash in your business.
Growing businesses need cash for inventory, renovations, marketing and advertising.
Take advantage of such things as inventory discounts, quick payment discounts and volume purchases to increase profits.
Leasing equipment leaves bank credit lines untouched.
Paying cash or obtaining a loan forces you to depreciate your equipment over a period of up to 19 years.
Select FML leases can be fully written off over a period of 2-5 years saving you significant tax dollars.
Reinvesting your tax savings annually can help your business become more profitable.
By enhancing your profitability your lease rate may be substantially lower than your bank rate.
Once your lease has been set-up there are typically no monthly administration fees or annual review fees.
Why? We want you as our customer for life!
Unlike a bank line of credit your lease payments are fixed for the duration of the term.
When interest rates fluctuate your cash flow is maintained and your business continues to run smoothly.
Leasing allows you to keep up with new technology.
Your business is not forced into using outdated and unproductive equipment.
With FML you have the flexibility to upgrade your equipment at any time.
We guarantee you will not experience the frustration due to the regular turnover in account managers that plagues traditional lenders.
Our experienced and friendly account managers are here for the long-haul to help your business grow.
When it comes to credit approvals we typically do not require any additional security.
We will not waste your time by requiring you to produce financial statements after your lease is approved… we leave you alone to do what you do best - manage your business.

FML can provide you with a pre-approved FMLease-Line which allows you the flexibility to purchase the equipment you need to help your business become more successful. Our FMLease-Line approval can be valid for up to 90 days. When you have completed your equipment purchase(s) FML will provide you with affordable monthly payments to help you maintain good cash-flow. Typical lease terms range from one to five years.


Simply complete the appropriate online application. Once received, based on the information provided you can expect an answer back in as little as 15 minutes or at most 48 hours.

We work hard to understand the special circumstances of each business and pride ourselves in having one of the highest credit approval ratios in the industry.

Note:
Consult your tax advisor concerning the tax benefits of leasing and your specific needs.  All terms are subject to credit approval and may change without notice.