What Are The Two Most Popular Types of Assets For Equipment Leasing?

March 1st, 2010 by admin

When you think about all the thousands of assets that are purchased on a regular bases by Canadian based businesses across all the different industries that operate in the country, which types of equipment are the most popular and the most sought after by equipment leasing companies?

Without a doubt, the assets that attract the best rates and terms are for golf equipment and medical equipment.

For golf equipment leasing, the one specific asset that gets the most attention is the golf cart.  These assets can last a long time, hold their value, and retain great resale value.

From a leasing company point of view, there is little chance to lose money on golf cart assets for the above reasons.  The strong resale market also provides a great opportunity to provide both capital and operating leasing options to attract even more business by providing lots of options to the customer.

While not as attractive as the golf cart, golf maintenance equipment is also a very popular asset that also attracts very good rates and terms for much the same reasons.

With leasing medical equipment, its less about the resale market and more about the strength of the overall industrial including all the various categories including dental, optometric, chiropractic, and so on.

While there also is a decent resale market for medical equipment, there is more wear and tear and obsolesence risk than with golf equipment, so the leasing companies are not banking on liquidation to get all their money back.

Security comes in the form of personal guarantees as well as asset value.  The guarantees, on average, are higher for doctors than just about any other category of lessee.

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