We have you covered, whether it’s investing your business or building your dream home!
In direct lending, you get a loan directly from us. You agree to pay, over a period of time, the amount financed, plus a finance charge. It's a very simple process and if you need more clarity you can further call us for more questions!
Depending on the type of financing you get, there are typically a few different options available to you:
Purchase the equipment for the buyout or residual (remaining) amount. Buyout amounts can range from $1 to the fair market value of the equipment, depending on your finance structure.
Continue paying the finance amount, return the equipment to the lender or in some cases the finance is set up as a “lease to own” so after the term of the finance the equipment is yours or trade-in the equipment for the latest model
Financing plans are available for a wide variety of individuals and companies. Individuals can finance vehicles and if there is a business use, they can finance equipment too. Companies with a good track record can finance most equipment they need based on their ability to pay the monthly lease payments. Newer businesses or those with some credit challenges may need the owners to guarantee the monthly payments will be made.
Similar to residential mortgages, our fee’s are typically paid by the lender. Our role is to find you the best financing deals. Because we are experts who deal with several lenders in the country, we can objectively choose the right financing model for your needs and get you more favorable terms than if you were to try to do it yourself.
We deal in five major mortgages which include, Residential, Construction, Commercial, Private, and Agriculture. Having dedicated many years as a lender/funder, we know how to present your application. We’ve seen many applications declined or approved based on presentation alone. Presentation is key!
East to West Groups main area of expertise is negotiating long-term mortgages for industrial properties, apartment buildings, shopping centers, and office buildings. We are always looking at different ways to be innovative, minimizing the cost of funds and meeting other unique needs of the borrower such as, funding prior to lease-up, limited guarantees, and fixing of interest rates prior to the completion of development projects.
There are many different types of mortgages available. Whether your purchasing your first home, a rental property, re-financing/equity take-out, or consolidating debts.
Private mortgages are interest only loans, short term, ranging in length from 1 to 3 years. Private lenders have realized that conservative lending guidelines used by banks and conventional lenders exclude many individuals who are in fact able to pay back loans. Private lenders take into account a property’s overall value and marketabilty as opposed to the borrower’s credit history and documented income. Interest only loans do not require home-owners to pay the mortgage principal down, and only requires interest payments each month. Often we get private deals approved in 24 hours!
We specialize in Agricultural Mortgages. With over 10 years of experience in the Agriculture Industry we understand each sub sector of the industry and can provide competitive conventional financing and private financing for any Agriculture related business.
This growth and transition capital may not have specific tangible security and typically relies on the stability and adequacy of cash flow from the business to service the debt. In certain forms, this product may also be referred to as ‘second lien’ or ‘mezzanine financing’. Typical guidelines: Highly customized based on the strength of the business, security particulars, repayment terms, and debt servicing capacity. Security may be subordinated to the prior lien of a senior lender. Amortization up to 10 years. Interest rates vary. May include some equity ownership as additional consideration for the loan, depending on the amortization and the strength of the business.
A construction mortgage is a type of funding, which is advanced in intervals as the house is being built. There are usually 4 draws at; 35%, 60%, 80% and 100% completion. Completion is verified at each stage by a progress report from an appraiser. A Land Draw (conventional only) may be required if the customer is also purchasing the land.
With corporately owned whole life insurance, the main benefit is through the premium payments. As with personal policies, premiums are paid in after-tax earnings, however, unlike personal tax rates , corporate tax rates are significantly lower than personal tax rates.
What’s more, if you and your family rely on your business as a primary source of income, key person insurance can help ensure that the business will continue to provide a secure financial future.
Critical illness insurance offers the financial help to pay the costs associated with life-altering illnesses. If you become sick with an illness covered by your policy and survive the waiting period, you’ll receive a lump-sum cash payment.
Businesses have many assets such as company vehicles, offices, inventory, and equipment all of which are crucial and unique to each businesses daily activities. With day to day options there are many liabilities that are created by the business. For the liabilities there are many different type of business insurances that we can provide. Mistakes happen all the time, but the biggest mistake would be not having insurance to protect you from those mistakes.
We tailor your policy to your needs and preferences, at competitive rates. You might even have heard that broad form insurance is a way to get the coverage you need without a high price tag. While the term “broad form” implies wide or comprehensive coverage, the opposite is true.
Insurance is an important part of any business plan. Obtaining the right insurance is vital in order to survive and succeed in a world as full of opportunity as it is risk.Non-profits and businesses alike need the right type and amount of insurance to provide the freedom that comes from financial peace of mind so they can focus on navigating their way through the complex world of business.
East to West Group has the capacity and ability to insure nearly every area of your business such as your property, income, and vehicles.
The million dollar baby plan is the perfect solution to ensuring a tax efficient transfer of wealth. A participating whole life insurance policy contains the non-taxable benefit of permanent life insurance, which will enhance the value of your estate, without tax implications. This savings vehicle is the perfect gift to give your child to ensure they have a bright future, and best of all, you are able to use the funds of anything, include education, down payment on a home, or to even start a business.
Term life insurance is affordable, easy-to-understand coverage that gives you flexible, temporary protection.
You will be covered for a specific period of time and the cost of your policy is guaranteed for the entire term. If you die while the policy is in effect, your beneficiaries will receive a tax-free payment.
Disability insurance is designed to replace a portion of your income if you become disabled and are unable to earn an income. A disability can result from a number of causes, including an injury, a serious illness or a mental health issue. And the duration of a disability can be either short- or long-term.
Living in Canada we are very lucky to have many of our medical services taken care of by the government but they do not cover all of our expenses, which can be very costly to the average family and employee. For this we have Extended Health and Dental benefits that can be purchased by an individual or by a company for their employees and themselves. These benefits help cover medical costs that are not covered such as dentist visits, prescription drugs, massage therapists, physiotherapists, and many other services. In addition the benefits paid for by corporations can be taxable benefit to the corporation.
Whether it’s a family adventure, a quick trip across the border, or an extended escape for the winter, save money and protect what’s important to you with travel insurance from East to West Group. Explore our packages and plans—or get a quote today!
Super Visa insurance allows the visitors and the family of the visitors to have a piece of mind while they are in Canada. It protects the insured from any unforeseen medical costs that could arise while the insured are in Canada. As they are not covered under the Canadian health plan the costs for any type of medical treatment can be overwhelming for any family while they are visiting abroad. By purchasing the super visa insurance you insure that your medical costs will be covered by the insurance company up to a certain limit.