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Equipment Financing

Equipment Financing & Leasing

Acquire the equipment your business needs without depleting cash reserves. Finance or lease with flexible terms designed for your industry.

What is Equipment Financing?

Equipment financing allows you to purchase or lease business-critical equipment through monthly payments rather than paying the full cost upfront. The equipment itself serves as collateral, often making approval easier and rates more competitive than unsecured loans.

Whether you need manufacturing machinery, commercial vehicles, restaurant equipment, or technology infrastructure, our platform matches you with specialized lenders who understand your industry.

$5K-$10M+
Funding Range
48 Hours
Decision Time
1-5 Years
Typical Terms

Types of Equipment We Finance

  • Computers, data centres, and software
  • Technology infrastructure and IT equipment
  • Manufacturing machinery and production equipment
  • Commercial vehicles, trucks, and fleet vehicles
  • Construction equipment and heavy machinery
  • Restaurant and food service equipment
  • Medical and dental equipment
  • Office furniture and fixtures
  • Agricultural equipment and machinery

Finance vs. Lease: Which is Right for You?

Equipment Financing (Loan): You own the equipment at the end of the term. Better for equipment you'll use long-term and that retains value. Monthly payments typically build equity.

Equipment Leasing: Lower monthly payments, equipment returned or purchased at end of lease. Ideal for technology that becomes obsolete quickly or when you want to upgrade regularly. May offer tax advantages.

Who Qualifies?

  • At least 2 years in business (some lenders accept 1 year)
  • Equipment must be for business use
  • Equipment serves as collateral (no additional collateral typically required)
  • Personal guarantee required for new businesses

How It Works

1. Apply with Equipment Details: Tell us what equipment you need, estimated cost, and your business information.

2. AI Lender Matching: We match you with lenders who specialize in your industry and equipment type within 48 hours.

3. Compare Financing Options: Review multiple offers for both financing and leasing with transparent terms.

4. Complete Purchase: Choose your preferred option, finalize paperwork, and get your equipment delivered.

Benefits of Equipment Financing

  • Preserve Cash Flow: Keep working capital for operations instead of large upfront equipment purchases
  • Tax Advantages: Potential Section 179 deductions and depreciation benefits (consult your accountant)
  • 100% Financing Available: Many lenders offer no down payment options
  • Easy Approval: Equipment as collateral typically means faster approval than unsecured loans
  • Flexible Terms: Match payment terms to equipment's useful life and your cash flow

Typical Rates & Terms

Interest Rates: 5-25% APR depending on credit, equipment type, and down payment

Loan Terms: 1-5 years depending on equipment's useful life

Down Payment: 0-20% (many 100% financing options available)

Funding Speed: Based on equipment delivery and acceptance

*Rates vary by lender and are based on creditworthiness, equipment type, down payment, and term length.

Ready to explore financing options?

Alliance Financing Group connects Canadian businesses with 70+ institutional lenders across 12 product lines. Get a no-obligation conversation with our team.

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