About Falcon
Lease with Peace of Mind
Lease Vs. Buy
Convenience
Asset Upgrades
Lease Flexibility
Speedy Service
No Hidden Costs
Lease Vs. Buy
Convenience
Asset Upgrades
Lease Flexibility
Speedy Service
No Hidden Costs
Lease Financing
For all Vehicles and all Types of Equipment
Businesses
Individuals
Lease Application
A Quick & Easy Process
Choose Your Equipment
Get a Lease Quote
Start a Lease Application
Resources
Frequently Asked Questions
Who owns the leased equipment or vehicle?
As the Lessor, Falcon would be the owner; however, a portion of your monthly payments go towards the principal portion of the asset, similar to a loan. Once your lease has ended, you have the option to purchase the asset from Falcon and the remaining principal value.
Approvals on leases.
Credit approvals are performed in-house. This process involves reviewing your income and credit history to assess if you are able to afford the lease payments.
Borrowing money or leasing?
Leasing has several advantages.
- Lease payments are typically lower because we can be flexible with the term and buyout amount.
- From a business perspective, lease payments are tax deductible. For an individual, GST/PST is only owed on the lease payment vs. 100% upfront with a loan.
Can I skip a payment?
No. Regular payments are expected based on the agreed upon terms.
Can my company lease vehicle and equipment?
Yes, pending credit approval.
Can I terminate my lease before the end of the term?
Yes. Your lease will outline early termination options and the cost associated with early termination. Falcon will work with you to accommodate any changes in life or business circumstances.
How is the lease payment determined?
Payments are based on the length of the lease, the buyout value at the end of the lease, and the interest rate.
Can I move my lease to another province?
Yes. Call us to discuss.
What is the dollar range we will lease?
We lease assets that range from $20,000 to $1,000,000.
Who can sign the lease?
The lease must be signed by the Lessee. Where the Lessee is a business, the signer is usually an officer of the company.
Who services the equipment or vehicle?
You as the lessee would be responsible for all maintenance and repairs that are not covered by warranty.
What are my options at the end of the lease?
- Buyout Lease as per contract – we can set the buyout at $1.00 depending on your preference.
- Trade in the asset and if any equipment we will transfer to the new asset.
- Keep making the same monthly payment until the full principal balance has been paid. We will then transfer the asset to you for $1.00.
What provinces do you lease in?
We provide leases in Manitoba, Saskatchewan, Alberta, British Columbia and Ontario.
Testimonials
Customer Reviews
Falcon Auto Leasing is fantastic! Reece is amazing to work with and truly cares for his customers. I’m always happy to refer my family, friends & clients to Reece as I know he will always look out for their best interests.
Just started a lease. Very friendly, very easy to work with. I can’t speak to long term but, they acted like normal, real people. Not that creepy, overly friendly, fake personality at the car dealers!
5 star service – Don and crew will look after you in an honest and professional way! I’m going on 10 years of a variety of transactions – thanks “Falcon” for the great service!!!!!
Specializing in leases for SMB’s.