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Equipment financing

Cover the cost of new or used equipment

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purchase cost of new or used equipment and related expenses, so you can expand and modernize operations, and replace out-of-date machinery.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

  • Comprehensive financing

    • 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.