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28 Aug

DLC Leasing and Financing

Mortgage Tips

Posted by: Kim Seifert

About DLC Leasing

There are many benefits for a business to choose to finance, rather than purchase equipment. It helps them conserve valuable capital, realize tax advantages and immediately obtain the equipment needed to grow. DLC Leasing originates and services a full range of financing for businesses and professionals. Our unique expertise and experienced support systems give you the ability to tailor financial solutions that suit any and all business requirements.

We have extensive and unique expertise in offering a wide range of leasing products and terms to clients with a variety of credit profiles. We provide leasing products for sole proprietors, partnerships, limited companies, public companies, municipalities and professionals. We structure approvals for start-up operations through to mature companies with prime, near prime or sub-prime credit.

What services does DLC Leasing offer?

1) Commercial Equipment Leasing

Enables businesses to obtain the use of machinery or other equipment on a rental basis while avoiding the need to invest capital in equipment. Ownership rests in the hands of the financial institution or leasing company, while the business has actual use of the equipment.

Who is eligible?

What is eligible?

Any asset that is new or used, and where the function is for cash-generating business-related purposes. A business can lease practically any asset depending on their credit, including:

2) Merchant Cash Advance

A Merchant Cash Advance is a lump-sum payment to a business in exchange for an agreed upon percentage of future credit card and/or debit card sales.

Who is eligible?

3) Business Factoring

A financing method in which a business owner sells accounts receivables at a discount to a third-party funding source in order to raise capital.

Who is eligible?

Incorporated businesses such as:

4) Vehicle Leasing

Vehicle leasing is the leasing (or the use of) a motor vehicle for a fixed period of time. It is commonly offered by dealers as an alternative to vehicle purchase, but is widely used by businesses as a highly cost-effective method of acquiring vehicles for business, without the need for cash outlay.

Who is eligible?

  • Incorporated Businesses
  • Proprietorships
  • Professionals (that use their vehicle for business use)
  • Consumers


Vehicle Leasing Cheat Sheet

Vehicle Use

Business (Commercial)

Personal (Consumer)

Mileage – under 90,000

A credit – Yes/B credit – Yes *

Yes (nothing over 90,000)

Age – under 5 years

A credit – Yes/B credit – Yes **

Yes (nothing over 5 years old)

Cost – over $10,000 pre-tax

A credit – Yes/B credit – Yes

Yes (nothing under $10,000)

Private Seller

Okay, except Ontario

Okay, except Ontario

* must be under 150,000km ** must be under 8 years

In order to qualify as Business or Commercial use, the vehicle must be used primarily for business, not driving to work. We are not able to finance Taxi or Limo vehicles at this time.


For further details on leasing please feel free to contact me.