Construction Equipment Financing

Fincap: Experts in Construction Equipment Financing

We specialize in connecting businesses and individuals with the best brokers in the construction equipment financing industry. Whether you're looking to finance new or used equipment, we're here to guide you through the process.

Our dedicated team of experts will assist you every step of the way, ensuring you receive advantageous financial options and attractive rates. Our strength lies in our relationships with the financial community. With a vast network of over 25 brokers and collaborators across Canada, we offer financing solutions that are aligned with your needs and budget.

Understanding Leasing Heavy Construction Equipment

Leasing is a financial agreement that provides the benefits of renting equipment with the potential of acquiring it in the future. This arrangement allows a company to lease equipment for a specific period and have the option of buying it at a fixed price at the end of the contract. It is a flexible option that enables companies to access innovative technologies without making costly initial investments.

Why Construction Equipment Leasing?

Financial Flexibility For Construction Companies

Preserved capital: This financing method enables companies to retain their initial financial resources. This preserved capital can be redirected to other investments or business opportunities.

‍Flexible payment schedule: You adapt the payment structure to suit your needs.  It can be monthly, quarterly or annual. 

‍Optimized cash flow: Leasing allows you to spread equipment costs over several months or years, facilitating more balanced financial management.

Innovative Financing Solutions for Canadian Businesses

Adaptability and innovation: You can replace your equipment regularly, ensuring your business has continuous access to the latest technological innovations.

Economic Benefits for SMEs

Tax relief: You can reduce your tax bill with leasing options. What's more, our financial solutions are designed to support business growth. 

‍Rapid amortization: With our loans, you quickly recoup the costs associated with equipment purchases. 

‍Simplified maintenance: Some of our contracts provide for maintenance services to be paid for by us.

Reactivity and Adaptation for Entrepreneurs

Responsive supply: With our solutions, you can quickly obtain the equipment you need for your construction projects. 

‍Seasonal flexibility: Equipment rental is the perfect answer to seasonal business needs. It allows you to use equipment when needed just when you need it, optimizing your costs.

Strategy and Positioning for Growth

Easy acquisition: At the end of your contract, you benefit from advantageous purchase options for your equipment.

‍Clear financial forecast: With our services, you can anticipate costs and plan development projects. 

Please contact us to learn more about our financing solutions for the construction industry. Our customer service team is here to help.

Your Equipment Financing Solution With Fincap

Leasing gives you access to a wide range of equipment.

• Compactors to optimize site preparation.
• Cranes, essential for lifting and moving heavy loads.
• Hoists and lifting systems for safe handling.
• Demolition equipment for efficient deconstruction.
• Graders and excavators, indispensable for earthworks.
• Hydraulic equipment for optimum performance on your worksites.
• Mixers to ensure the quality of your infrastructure.
• Scaffolding for safe work at height.
• Stitch-joining units and differential welders for robust assemblies.
• Loaders for impeccable logistics.

This list is just a sample of what we have to offer!

With our financing solutions, you preserve your capital while benefiting from the latest innovations in the industry. Contact us to explore our competitive financing options tailored to your financial and material needs.

Frequently Asked Questions:

Is leasing more expensive than a traditional heavy equipment loan?

It depends. Monthly lease payments can be higher than traditional heavy equipment loans. However, leasing offers tax advantages and allows you to renew your equipment regularly.

‍Are there any tax advantages to leasing?

Yes, in many cases, leasing payments can be deducted as operating expenses, thus reducing the tax burden. 

However, it is essential to consult a chartered accountant or tax specialist to understand the tax implications for your business fully.

‍What happens at the end of a leasing contract?

At the end of a leasing contract, you generally have the choice of returning the equipment, buying it back at an agreed price, or sometimes renewing the contract for new equipment.

‍Can I end a leasing agreement earlier?

Most leasing contracts have specific clauses concerning early termination. Indeed, there may be penalties or associated costs. 

You should also read your contract carefully or consult your leasing supplier before making any decisions.

‍Does leasing cover equipment maintenance?

This depends on the terms of the contract. Some leasing contracts include maintenance services, while others require the company to take charge of maintenance.