Equipment loan
Take a load off your next equipment purchase

Our equipment loan covers up to 125% of the purchase price of new or used equipment for extra flexibility and peace of mind.*

*Conditions apply. Subject to loan approval.

person driving a tractor

Get machinery, hardware, vehicles or equipment to help your business step up its game. You can match your payments to your cash flow cycle to make sure your purchase is up and running when it counts.

Are we a good fit?

Check out some of the general requirements to get an equipment loan with BDC.

Minimum requirements
Location Based in Canada
Time generating revenue 24 months +
Profitability Generating revenue
Credit history Good track record

Applying is easy

1
Submit a loan request online
Tell us about your project and provide information about your business.
2
Talk to a representative
We will call you to discuss your project in depth, including the documents needed for our analysis.
3
Get a tailored solution
After evaluating your application, we’ll send you a loan offer based on your financial needs and capabilities.

Perfect for projects big and small

Engineers repairing an industrial gearbox in a factory

Get the gear you need

  • Production line machinery
  • Automated equipment
  • Robotics systems
  • Hardware
  • Specialized equipment (ex: lab material)
  • Commercial vehicles
  • Renewable energy and waste management equipment
  • And more

You’re in good hands

Choosing a loan is about more than just interest rates. The fine print is just as important—and our terms and conditions are designed to give you more flexibility and financial control over your business.

We’re there in good times and in bad

We’ve supported our clients through market downturns and other events beyond their control.

We're not one size fits all

We take the time to review your business needs and offer solutions that leave you enough breathing room to realize your goals.

We’re committed to you long-term

We won't change our terms and conditions or demand early repayment without a valid reason.

Equip your business for success

Repayment schedule graphic

Breathe easy with interest-only payments

Take a break on us and pay only interest for up to the first 24 months of your loan.

A man working in a factory

Get extra cash to cover extra costs

Finance up to 125% of the purchase price of your equipment to help cover extra expenses like shipping, installation and training.

A man holding a phone

Repay, your way

Keep cash in your business and take up to 12 years to repay your loan. You can also match your payments to your cash flow cycle for added flexibility.

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Take time to find the right equipment

Benefit from additional credit availability for up to 2 years to help you finance future purchases.

Let’s build your success together

As Canada’s bank for entrepreneurs, we complement the role of other banks. We take on more risk, offer flexible financing and provide sound advice to help you build a strong, successful and resilient business.

106,000
entrepreneurs we work with across Canada
$55.4B
committed exclusively to business owners
93%
of our clients are satisfied with our services
$435B
revenues generated by our clients

Keep your business running at its best

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