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