Equipment Financing – Interest rates start at 5% per year. $20,000 to $10,000,000, Term from 12 to 84 Months. Heavy equipment including construction, oil and gas field, agricultural, medical and dental equipment

Document For Loan

• Term: 12 to 84 Months
• Cross Border Applications accepted (Equipment is being purchased from the US.
• Restricted industries: Aircraft/Boats
• Client can potentially finance most equipment they require. This includes but is not limited to; trucks/trailers, construction equipment, medical/dental equipment, cranes, CNC Machines, Forklifts, etc.

Qualifications

• Price range is $20,000 to $10,000,000 CAD
• New Equipment
• Used Equipment
• Dealership transactions
• Private Sale transactions
• Refinancing
• Equipment Leaseback

Requirements

• Completed signed application
• Personal Net Worth Statement
• Government ID for applicant (s)
• Details on the asset the Client is acquiring financing for:

           Bill of Sale Invoice
           Make, Model, Year, KMs or Hours

• Job Letter – Applicable to Owner Operators and Startup Businesses only
• Applications for > $200,000

           Underwriter may request Financials, Bank Statements, NOAs etc.

• List of “Free and Clear” Equipment (Make, Model, Year and Serial Number)

            Applicable for leaseback financing applications only.