BDC
Equipment Loan
Financing for new or used equipment and associated expenses, with payments tailored to business cash flow.
Provider information link, not an application on this site.
Recorded fees, rates and features
Amounts are in CAD unless the source specifies otherwise. A promotional term is not necessarily an ongoing term.
- Repayment
Payments may be matched to the business cash-flow cycle.
Provider source- Financing scope
Up to 125% of the purchase price, subject to approval and conditions.
Provider source- Eligibility
Canadian business with at least 12 months generating revenue and a good credit track record.
Provider source
Eligibility and provincial availability
- Provinces and territories
- Not confirmed
- Application requirements
- Canadian business with at least 12 months generating revenue and a good credit track record.
Ask the provider to confirm residence, age, identification, income and any credit requirements that apply to this product. A listing does not guarantee approval.
Is this a fit for you?
Use the recorded details as a starting point, then compare the full cost and conditions with your needs. Product-specific benefits, exclusions and suitability have not received a separate editorial assessment on this page.
Cost of funding
Compare interest, origination charges, repayment deductions and the total cost.
Cash flow fit
Check repayment timing against your business income and seasonal changes.
Personal exposure
Ask about collateral, personal guarantees and what happens if payments are missed.
Do not treat a factor rate as an annual interest rate. Ask the provider to explain the repayment calculation.
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Sources and important limitations
Official provider information for Equipment Loan
Terms may have changed since this information was collected. Unknown details are not confirmed, not assumed to be free or available nationwide. This is general information, not personalized financial, tax, legal or insurance advice.
Finvilo