Fincap supports businesses across Canada with equipment loans, leasing and refinancing solutions adapted to real operational needs. With a network of more than 30 brokers and over 30 financing partners, we help companies access offers that align with their reality instead of forcing a standard product.
We work with transport companies, construction contractors, clinics, farms, manufacturers and service providers. From financing new machinery to refinancing equipment already owned, we tailor each request to the size, timing and industry of the business.
Some of the most common categories we finance include:
- Heavy machinery used in excavation and agriculture
- Transport vehicles and trailers
- Medical and dental equipment for clinics and care professionals
- Manufacturing systems such as compressors, drills and presses
- IT and office hardware including servers and point-of-sale devices
- Restaurant and gym equipment
Every file is managed by a broker who understands both the business and the type of equipment involved. This makes the process faster and more relevant, from application to final approval.
If you are exploring financing options for your next equipment investment or seeking better terms than what your lender offers, our team is ready to help.
Choosing the Right Equipment Financing Company
Not all brokers offer the same value. Some have deep knowledge of specific industries, others rely on a stronger lender network, and a few simply pass along standard offers without understanding your needs. Taking the time to compare brokers helps avoid delays, mismatched terms or missed opportunities.
What to look for when choosing an equipment financing broker in Canada ?
Experience and Expertise
A reliable equipment financing broker brings more than just access to loan options. They understand how businesses in equipment-intensive industries operate, including the unique challenges in sectors like construction, transport, medical or manufacturing. When a broker has real experience with the types of financing these companies need, the advice becomes more relevant and the approval process often moves faster. This level of expertise also helps identify better terms and reduce delays.
Lender Network and Relationships
The range of available lenders can directly affect the quality of your financing. A broker with limited access may not find the loan terms or payment options your business needs. A broader lender network allows for better equipment financing solutions, including flexible structures, faster approvals and more competitive rates. At Fincap, our brokers work with more than 30 financing partners across Canada to match your request with the most relevant option based on your industry and timing.
Transparency and Communication
A serious broker takes the time to explain the loan terms, outlines the steps in the application, and keeps you informed until final approval. You should always understand the options on the table and how they match your business goals. If the process feels rushed or unclear, it often reflects a weak connection with the lender network. Strong communication is a good sign that your broker knows how to manage relationships and deliver the right financing outcome.
Fees and Charges
Brokers can be paid by the lender, by the client, or both. You need to know exactly what applies in your case. Ask how fees are calculated, when they are charged, and whether they affect the loan structure or the financing amount. A clear broker explains the full cost of the application before anything is signed. If you can’t get a straight answer, move on.
Customer Reviews and Testimonials
Client feedback offers a clear view of how a broker actually operates. Look for reviews that mention speed, clarity, follow-up and the overall financing experience. A broker who delivers consistent results will usually be mentioned by name. Pay attention to patterns in the comments. If multiple businesses talk about rushed processes, vague answers or unexpected fees, that tells you more than any sales pitch. The same goes for strong positive signals, like fast approvals, tailored equipment financing options or long-term support after the loan is signed.
Who Can Apply for Equipment Financing?
We work with a wide range of businesses across Canada. You can apply if your company meets one of the following criteria:
- Incorporated business or registered company with regular cash flow
- Self-employed or sole proprietor with a valid business number
- Startup with a quote or invoice from an equipment supplier
- Existing borrower seeking to refinance equipment already owned
Our brokers will guide you based on your business type, equipment class and financial profile. Approval is possible even with limited credit history if cash flow and collateral are strong.
Apply now or contact our team to discuss your eligibility.
Lease vs Equipment Loan vs Refinancing - What’s the Difference?
Not all financing structures work the same way. Understanding the difference helps you choose the right option for your equipment financing needs.
Equipment Lease
You use the equipment without paying the full cost upfront. Leasing helps preserve cash flow, offers potential tax benefits, and often includes flexible terms like skip payments or buyout options.
Equipment Loan
You borrow money to purchase the equipment and repay it over time. The asset belongs to your company, and the loan appears on your balance sheet. This suits businesses that want full ownership from day one.
Equipment Refinancing
If you already own equipment, refinancing allows you to unlock capital by using it as collateral. This can fund operations, smooth out cash flow, or invest in new projects without new purchases.
How to Get Started with Equipment Financing?
Getting started is simple. If you already know the type of equipment you need, you can apply online in just a few minutes. Our team will review your request, compare financing options, and connect you with the lenders that best match your business needs.
If you’re not sure which solution fits your situation, we can help you evaluate the available structures based on your cash flow, industry and equipment type. Whether you need a lease, a loan or refinancing, we’ll guide you through the process.
[Apply Now] or [Contact Our Team] to explore your financing options.
Explore More Equipment Financing Topics
Want to dive deeper into equipment financing strategies or compare structures?
These resources help business owners understand the financing options available and choose the best approach for their operations.
Frequently Asked Questions (FAQs)
What is equipment financing?
Equipment financing is a loan or lease used to acquire business equipment. The equipment acts as collateral and can be new or used depending on the lender’s policy.
What are the financing options available at Fincap?
Fincap offers several equipment financing options tailored to business needs. These include equipment leasing, refinancing, working capital loans, factoring, and vendor programs. Merchant solutions are also available for any company that wants to offer financing to their customers. A wide range of equipment types is eligible across industries like construction, transport, medical, agriculture and more.
What are the advantages of using a lease instead of an equipment loan?
Compared to a traditional loan, it often offers more flexible terms, tax benefits for Canadian businesses, and easier approval for newer companies.
What type of financing is best for a small business?
Small businesses often benefit from equipment financing or short-term business loans, depending on their cash flow and asset needs. Leasing helps preserve capital, while a business loan may offer longer terms for larger purchases. The best choice depends on how you plan to use the equipment and how you want to finance your growth.
How much can I borrow?
Amounts vary depending on the type of equipment, your business profile and the lender. Most brokers finance between $10,000 and several million dollars per request.
What credit score do I need?
Most lenders work with businesses that have a credit score of 600 or more. Some brokers can finance lower scores depending on cash flow and collateral.
What documents do I need?
You typically need financial statements, proof of ownership or supplier invoice, business ID and a completed application form. Some lenders may request tax returns or equipment specs.
How long does the process take?
Many approvals are issued within 24 to 48 hours after receiving all required documents. The release of funds or delivery of equipment may take slightly longer.
What are the interest rates?
Rates depend on the lender, credit score, term and equipment type. They usually range from 6% to 15%, fixed or variable. Brokers help compare available rates.
What are the repayment options?
Repayments can be monthly, seasonal or deferred. Some lenders offer flexible structures like step payments, skip months or lease-to-own contracts.
What happens if I default on my loan?
If you default, the lender may repossess the equipment. Depending on the contract, your company may still owe part of the remaining balance or face credit impacts.
Additional Resources on Equipment Financing
Use our equipment lease calculator to quickly estimate your monthly payments. Whether your company is financing machinery, transport vehicles or medical equipment, the tool helps you plan your funding based on the amount and lease term.
No account needed. No obligation. Just enter your financed amount and term to view the estimated monthly cost for your selected option.
Financed Amount: $50,000
Desired Term: 6 years (72 months)
Estimated Monthly Payment: $901.28
You can apply online when you're ready and receive a decision within 24 to 48 hours. Adjust the figures to learn what works best for your equipment financing needs.
Why Choose Fincap for Your Equipment Financing?
Fincap helps businesses across Canada access the equipment they need through structured financing plans. Whether you're managing daily operations or preparing for a new investment, we handle the funding so you can focus on your business.
Our brokers compare offers from a wide network of lenders to secure the most suitable terms for your company. We support both small and large businesses in sectors like construction, transport, medical, manufacturing and services.
If you want to lease, refinance or unlock working capital, you can apply online or contact our team. We take time to understand your cash flow and adapt the financing process to your real needs.
