Equipment Financing
We connect Canadian businesses with equipment financing that fits. Construction, transportation, manufacturing—if it helps you make money, we can help you finance it.
Lenders underwrite the asset as hard as they underwrite you. We know what makes a machine financeable—mileage, hours, age, where it’s coming from—and we tell you before you apply, not after.
You apply once. We package it properly and put it in front of the lenders most likely to write your equipment, instead of you filling in four bank forms and hoping.
Your file goes to an established Canadian finance partner with a lender panel running from prime institutional capital through to specialty.
Canada Equipment Finance connects businesses with appropriate financing solutions. Your file goes to an established Canadian finance partner with a lender panel running from prime institutional capital through to specialty.
Our role is to understand your requirements, present your application effectively, and guide you through to funding. No upfront fees. No obligation until you accept terms that work for you.
From heavy machinery to specialized tools—if it drives your business, we can help you finance it.
A clear path from inquiry to funding.
Quick application with your equipment and business details. Takes about 2 minutes.
We match your profile to appropriate lenders and secure competitive offers.
We present your options with clear terms. You pick what works best.
Complete documentation and receive funding—often within days.
Common questions about equipment financing in Canada.
Equipment financing allows businesses to acquire machinery, vehicles, and other business equipment without paying the full cost upfront. Instead, you make regular payments over a set term (typically 12 to 72 months) while using the equipment to generate revenue.
The equipment itself serves as collateral, which often means easier approval compared to unsecured business loans. At the end of the term, depending on the structure, you may own the equipment outright, have the option to purchase it, or return it.
Equipment Loan: You borrow money to purchase the equipment. You own it from day one, and the equipment serves as collateral. Once you've paid off the loan, you own the equipment free and clear.
Equipment Lease: The lender owns the equipment, and you pay to use it. At the end of the lease, you can typically purchase it for a residual amount, return it, or upgrade. Lower monthly payments. Leases and purchases are treated differently for tax purposes, so it’s worth asking your accountant which suits your situation.
The best choice depends on your cash flow needs, tax situation, and whether you want to own the equipment long-term.
Credit matters, but so does the equipment, your time in business, and your cash flow. Because equipment financing is secured by the equipment itself, lenders are often more flexible than with an unsecured business loan. We look at the whole picture rather than screening on one number.
Yes, though options are more limited for businesses under 2 years old. Some specialty lenders work with newer businesses, especially if you have:
Startups may face higher rates and may need to provide a personal guarantee.
Most files get an initial response within a couple of business days. Funding depends on the lender and how quickly documentation comes together.
Virtually any equipment that has resale value can be financed, including:
Office and IT equipment, building systems, and fitness or recreation equipment all qualify too—the range is wider than most people expect.
Both new and used equipment can be financed.
Requirements vary by lender, the equipment, and your business. Money down generally improves your terms. A down payment (typically 10–20%) can:
Requirements vary by lender and your credit profile.
No. Canada Equipment Finance is a finance broker, not a lender. We don't provide financing directly or make credit decisions.
Our role is to connect your business with appropriate lenders from our network of Canadian equipment finance companies. We help package your application, match you with lenders suited to your profile, and coordinate the process.
This broker model benefits you because we can access multiple lenders and find options that fit—rather than being limited to a single institution's criteria.
See what you qualify for. No commitment, no fees, no credit impact.
