Smokin’ Hot News Flash

Priority Leasing is excited to announce that we are now be able to finance equipment in Canada’s budding cannabis industry.

Effective immediately, Priority Leasing will consider transactions in — or related to — equipment for the cannabis industry.

Equipment we can consider includes:

  • Security Systems
  • Air Filtration Equipment
  • Testing Equipment
  • Grow lights
  • Tables

For additional information please contact Linda or Deb at 403-216-1930, or by email at debbie@priorityleasing.net or linda@priorityleasing.net

Drive with peace of mind!

Last month, we were pleased to be a part of the expansion and equipment renewal project at Cochrane Image Autobody! A family-owned business with locations in Cochrane and Calgary, Cochrane Image Autobody is now using state-of-the-art equipment to restore damaged vehicles to the beautiful, pristine condition they were in before the accident.  It was a pleasure to meet Dave Fox, the owner of both locations and learn how his talented “artists and car surgeons” work hard to “sculpt” and “paint” a damaged car until it is efficient, perfect and roadworthy.

In the old days, when someone mentioned “leasing” everyone thought about cars.  Today we lease equipment to diagnose the cars, fix the cars, straighten out the bent cars and paint the cars.  Oh, and we still lease used cars!  If it’s a new car you need for your business, go with the dealership as they will have the best financing from the manufacturers.  Anything else – we’re your team!

Cross border shopping?

Cross border shopping?

Sometimes clients ask about purchasing equipment from American vendors.    In most cases, this is easy to do.  Where we have challenges is the American vendor often wants to be paid before they ship the equipment across the border.    Depending on the strength of your company’s credit, we may be able to send them up to 50% of the equipment cost but generally no more than that.  AND, you have to agree to start the lease.   If you’re planning on travelling down this road, be sure you know your American vendor well because once they have their 50% and the lease is started, it is non-cancellable.

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Oh, the Things You Can Lease!

PL-constructionWhen thinking of “lease-able” equipment to list on our website, the challenge was to be brief.    In reality just about any type of equipment including software, can now be leased!    After writing equipment leases for the past 25 years, I have come across many interesting, lease-able assets.   For example,  I have leased a grand piano to the Chateau Lake Louise.    Another medical company leased an ambulance from us.   Then they leased all the equipment on the ambulance.  And finally, they leased all the drugs on the ambulance.   (Think dopamine and epinephrine)

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