Machinery & Heavy Equipment Financing

Plan your request

Define the amount you need and how you will use it. Gather business registration details, financial statements, recent bank statements and a cash flow forecast. Requirements vary by provider and project.

Answer a couple simple questions about your financing needs thanks to our secure and easy to navigate quiz.

Once approved and the contract is signed, receive your funds on the same day directly to your bank account.

There are several options for financing heavy equipment for a business in Quebec. Here are some examples:

Getting a business loan is a simple process. Just click the "Get Started" button to fill out a quick form and get pre-approved. If you meet the criteria, one of our agents will contact you to finalize the process. This will require you to provide additional information about your business, such as recent financial statements, cash flow information, warranty information, and a description of the equipment you wish to finance.

Heavy machinery purchases

List attachments, transport, inspections and expected utilization. Used equipment may need additional condition records. Check whether the projected workload supports both financing payments and maintenance without relying on contracts that are not yet secured.

Organize your application before comparing offers

Prepare business registration details, recent financial statements and operating-account records. Add a list of current debts and explain how the funds will be used. For a purchase, attach supplier quotes; for a cash gap, show expected collections. Ask the provider which documents are required for your situation rather than assuming every application follows the same checklist.

Check the repayment against your operating budget

Build a forecast that includes existing debt, the proposed payment and a slower-revenue period. Confirm fees, security, personal guarantees and early repayment conditions in writing. Ask whether payments are daily, weekly or monthly and what happens if a payment is missed. Choose only after understanding the total commitment and how the business will meet it.

Compare more than the payment

Request the total borrowing cost in dollars, including fees. Check payment frequency, collateral, personal guarantees, early repayment terms and consequences of a missed payment. A smaller payment over a longer term can increase the total cost.