Equipment Financing in Alberta to Support Your Business Needs

NO OBLIGATION! NO HIDDEN FEES!

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Types of Equipment

Transport

Heavy haulers
Dump trucks
Roll-off trucks
Tow trucks
Commercial Pickups/Fleet
Reefer trailers
Curtain-side trailers
Flat beds
Tankers
Livestock trailers
Utility Trailers

Construction

Compactors
Cranes
Hoists and lifting systems
Demolition equipment
Levelers
Excavators
Mixers
Planers
Scaffolding
Loaders
Backhoes
Plows

Agricultural

Balers
Grain bins
Grain handling equipment
Harvesting equipment
Watering machines
Livestock equipment
Plows
Seeding equipment
Sprayers
Tractors

Medical

Blood analysis
Chiropractic
CT systems
Fingerprint systems
Lasers
Optometry
Scanners
Chairs, tables & beds
Ultrasonic generators
Veterinary
Radiology
Dentistry

Automotive

Alignment
Chargers
Diagnostics
Lifting systems, hoists & scales
Painting rooms
Panel cutters
Benders
Wheel mounting & balancing

Restaurant

Pizza ovens
Rotisserie
Electric Ido
Food steamer
Cold room
Ice Machine
Cellar
Dishwasher
Stoves
Fryer
Slicer
Ice cream & slush machines

Handling

All terrain forklifts
Containers
Conveyors
Hoppers
Indoor forklifts
Storage Shelving and divisions

Industrial

Cutting Tools
Injection molding
Plasma machines
Presses & Punches
Compressors
Edge banding machines
Embroidery machines
Engraving equipment
Power generators
Heat generators

Printing

3D Printers
Digital copiers
Industrial printers
Laser printers

Oil & Gas

Cranes & Lifting Equipment
Containment
Storage Vessels
HSE equipment
Iron
Light towers & generators
Boiler Units
Scrubbers
Pumps
Heavy machinery & fleet equipment
Downhole tools
...and more

What are the Benefits to Financing Equipment in Alberta?

In every business it is important to manage day to day revenue. It is equally important to invest in the growth of your company balanced with maintaining liquid cash assets. When purchasing equipment, one could spend a lump sum to purchase the income generating assets. Alternatively, you could finance the purchase over a term length which allows you to make use of the equipment, yet control the amount of cash you are spending month to month. This strategy gives your business a line item that is predictable and consistent, which also happens to be non-reporting debt. Speak to your accountant about the implications of this and your ability to write off principal and interest against the very revenues being generated by the equipment.

This type of leverage is not solely for brand new equipment purchases. You may also be able to leverage your existing equipment assets. Depending on the year, make, model and operating hours on equipment you already own free and clear, the potential to refinance the equipment could exist. This is commonly referred to as a lease buyback, and could be the answer to receiving an injection of cash into your business. Leveraging equipment assets allows you to maintain liquidity on your books, and have funds available for payments to employees, further investment in growth, or other business expenses and emergencies.

What to Prepare When Applying for an Equipment Loan

The following supporting documents is what we need from you to begin originating a loan application for equipment. 

  • Application Form (provided upon initial contact/consultation)
  • Personal Financial Statement Form ***if funding amount is over $100,000 (provided upon initial contact/consultation)
  • Copy of Government Issued ID
  • Quote or Bill of Sale for equipment being financed