Is Vehicle Leasing Or Vehicle Financing Better For Your Business?

Is Vehicle Leasing Or Vehicle Financing Better For Your Business?

There is no one perfect solution for getting the commercial vehicle or fleet of vehicles your business needs to optimize operations. Many businesses struggle to balance cash flow and the expense of purchasing the vehicles they need. If you are seeking a vehicle acquisition strategy that preserves your capital and maximizes your buying power, consider commercial vehicle leasing and commercial vehicle financing. Both of these strategies have benefits, but which one is ideal for your business?

Whether you are looking for a lease or loan option, we can accommodate the financing you need to obtain the commercial vehicles you require to grow your business. Learn more about First Capital vehicle financing solutions here.

Vehicle Leasing vs Vehicle Financing: What Is The Difference?

Vehicle leasing and vehicle financing are two different forms of commercial vehicle acquisition. 
Basically, the difference is:

Vehicle Financing: The Pros

Vehicle Leasing: The Pros

First Capital Makes Vehicle Leasing Easy

If commercial vehicle leasing is the right option for your business, partner with First Capital Leasing to make purchasing your vehicles easy. With over 85 years of combined experience in commercial vehicle leasing, we have the knowledge to provide you with the right vehicle leasing solutions for your business. The benefits of partnering with First Capital for vehicle leasing include:

First Capital is the choice leasing partner for all of your business’s commercial vehicle leasing and commercial equipment leasing needs. Read more about the benefits of leasing and the common mistakes of leasing to make the most informed purchasing strategy decisions for your company.

First Capital Leasing in Calgary is a full-service financial services provider with the knowledge and experience to create tailored financing solutions that meet your needs and the goals for your company. We can help you figure out which strategy can support your current operations now and in the future. For easy application and quick approval, fill out our online application. You only need to apply once and First Capital leasing will continue to be your financing partner for all your business equipment needs. If you are ready to explore loans and leasing for your business, call our team at First Capital Leasing at 1-888-251-3644 or fill out our contact form today.


Q: Are there restrictions to the type of vehicle I can lease? 
A: Most financial institutions have stringent restrictions on what can be financed. However, at First Capital Leasing, we will work tirelessly to get you the commercial truck or vehicle your business needs regardless of the year, hours, or KMs, including water trucks and tankers. We can also accommodate any supplier(s) and auction house, as well as private sale transactions to ensure your business has the vehicles it needs to thrive and grow.

Q: How does my business explore commercial vehicle leasing with First Capital?
A: Our process is simple:

  1. Choose the vehicle(s) and the seller of your choice. Confirm the full asset details, along with the cost. 
  2. Complete our online application, which is instantly submitted to our credit team. Existing customers do not need to re-apply.
  3. Once approved, a First Capital team member will contact you to discuss your financing options. We will then contact your supplier to arrange for invoicing of the purchase. Documentation is then provided for your review. 
  4. Upon receipt of all required documentation, our funding team will work on payment remittal to the supplier. We can accommodate any prepayment or deposit terms the seller requires.

Q:  If my company is not based in Calgary or Alberta can I still use First Capital for my vehicle leasing? 
A: Yes, while First Capital is based out of Calgary, our commercial leasing services are not limited to Calgary or Alberta.

Category: Vehicle Leasing

What Our Clients Are Saying

Experienced, Capable, Customized

We'd love to have the opportunity to understand your business and develop a strategy customized to your business' short-term needs and long-term goals.  We boast a 95% approval rate through our vast network of underwriters (including a robust private portfolio).   
Contact us at 1-888-251-3644 or complete the online contact form below. We look forward to connecting with you.

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