Computer Software Leasing
Yes, that’s right, even for something as intangible as computer software that you can’t potentially get your hands on directly, you can still secure computer software leasing from Canadian leasing companies.
The leasing decisions are not based on any asset security value which basically goes without saying. The financing approval is based more on the amount of the funding request and the level of financial and credit strength of the business requesting financing.
The reasoning for more software leasing is that this is an increasing business expenditure and there is more and more repeat business as software needs to be continually upgraded, providing future leasing opportunities.