Get a higher percentage of financing to cover your project’s total costs and benefit from flexible terms.
Get financing* to cover the purchase cost of new or used equipment and related expenses, so you can expand and modernize operations, and replace out-of-date machinery.
Our Equipment loan can be used to purchase:
- Production line machinery and equipment
- Specialized technology, such as lab equipment
- Commercial vehicles and much more
If you need more time to find the right equipment, apply for an Equipment Line.
Benefits for your business
- Cover your purchase cost as well as related expenses, such as shipping, installation and training
Flexible repayment terms to protect your cash flow
- Postpone your capital payments for up to 24 months at the start of the loan, followed by a repayment period of up to 12 years
- Repayment schedules matched to your cash flow cycle
- Pay off your loan at any time without penalty (applies only to a loan with a floating interest rate)
Limited personal risk
- Your personal assets are not taken as collateral for the loan
Peace of mind
- Terms and conditions that don’t change without due cause
*If you are a manufacturer, an exporter, or you are planning to export, you can benefit from more advantageous terms and conditions. Certain conditions apply.
If you are an Indigenous entrepreneur, discover solutions designed for you.