Forklift Leasing in Canada

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Fincap works with a network of 30+ Canadian lenders to secure forklift leasing for businesses across the country. New or used, electric or propane, indoor or outdoor. We finance the equipment that keeps your operations moving.

•   80% approval rate: 80% approval rate across all applications

•   Fast turnaround: Response within 24 to 48 hours

•   All profiles: New businesses and established operations both qualify

•   100% online: Fully remote process. No branch visits.

Forklift leasing is cost effective compared to purchasing outright. Monthly payments are predictable, the total cost of ownership stays low, and you keep capital available for operations. At lease end, you return the unit, upgrade, or buy it out.

At Fincap, we've helped Canadian businesses secure financing for hundreds of millions in equipment. Our team handles the lender matching so you can focus on running your facility.

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What Forklifts Can You Lease?

Fincap finances a wide range of forklift types. The right machine depends on your facility, your load capacity needs, and whether you operate indoors, outdoors, or both.

1. Counterbalance Forklifts

The most common type in warehouses and loading docks. Available in electric forklift, LPG, and diesel versions. Sit-down and stand-up models, all major brands Toyota, Raymond, Crown  are eligible.

2. Reach Trucks

Built for narrow aisle work and high racking. Reach trucks let you maximize vertical storage without expanding your footprint. Popular in distribution centers across Toronto, Calgary, and Vancouver. New and used reach trucks both qualify.

3. Electric Pallet Jacks

For ground-level movement of pallets in tight spaces. Lower cost, lower maintenance, and no emissions. A practical choice for retail backrooms, food production, and indoor logistics operations.

4. Order Pickers

Used in e-commerce fulfillment and parts distribution. Operators ride the platform up to pick inventory at height. Low-level and high-level models are both eligible, matched to your racking configuration.

5. Cushion and Pneumatic Tire Forklifts

Cushion tire forklift for smooth indoor surfaces. Pneumatic tire forklift for outdoor yards, lumber facilities, and rough terrain. Both configurations are eligible. The structure is tailored to the asset.

6. Heavy-Duty and Specialized Forklifts

High-capacity forklifts for steel, construction materials, or industrial manufacturing. We also finance side loaders, telescopic handlers, and container handlers for specialized operations.

If it moves product and generates business value, we can likely finance it. Our team matches you with lenders who understand material handling equipment.
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How Forklift Leasing Works with Fincap

Forklift leasing through Fincap is straightforward. Three steps, no complex paperwork, no branch visits.

Step 1: Choose Your Equipment

Identify the forklift you need, whether from a dealer, a manufacturer, or a private seller. New or used, we work with both. If you're not sure which model fits your operation, our team can help you think it through.

Step 2: Submit Your Application

Fill out our online form in a few minutes. The documentation required is minimal: basic business information, the equipment details, and a credit application. No heavy paperwork, no in-person requirements. You can apply from any device, at any time.

Step 3: Get Approved and Take Delivery

We review your application, match you with the right lender, and come back with an offer. Most clients hear back within 24 to 48 hours. Once approved, the agreement is finalized and your equipment is delivered. No hidden steps, no unnecessary delays.‍

Why Choose Fincap for Forklift Leasing?

Most businesses go to a single lender and accept whatever offer they get. Fincap works differently. One application. We analyze the market and match you with the lender that best fits your profile.

1. Access to Over 30 Canadian Lenders

We compare options across our full network to find the structure that fits your cash flow and timeline. More lenders means more options and better pricing.

2. Fast Approval With High Success Rate

•   Response within 24 to 48 hours

•   80% approval rate across all applications

•   New businesses and established operations both qualify

•   Expert support throughout the application process

3. Flexible Financing Options

Need lower monthly payments with the option to upgrade at lease end? Or prefer to own the asset outright? We work with both structures:

•   Forklift leasing: lower payments, flexibility to upgrade, potential tax advantages as an operating expense

•   Loan financing: build equity in the asset, predictable payments, option to resell at lease end

 New and used forklifts across all major brands are eligible. Our advisors help you structure the application whether your profile is straightforward or more complex.

4. Proven Track Record

Fincap has financed hundreds of millions in equipment for Canadian businesses. From single-unit operators to multi-site distribution networks, our clients get financing that fits their reality.

5. Beyond Forklifts

We finance equipment across all industries. From construction and agriculture to medical and transport, explore our complete equipment leasing services.

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FAQ: Forklift Leasing in Canada

1. What Is the Cost of Leasing a Forklift?

Monthly payments depend on the type of forklift lease, its value, the duration, and your credit profile. A basic electric pallet jack will cost significantly less than a high-capacity diesel counterbalance forklift. Use our lease calculator to get an estimate, or apply and we'll come back with real numbers.

2. Can I Lease a Used Forklift?

Yes. Many lenders in our network finance used forklifts. Condition and resale value matter, but used equipment is a common and accepted option. It's often the fastest way to get operational while managing costs.

3. What Credit Profile Do I Need?

We work with a wide range of profiles, including newer businesses and operators without a long credit history. Our 80% approval rate reflects that. We assess your full situation and match you with the lender most likely to say yes.

4. How Long Are Lease Agreements?

Most forklift leases run between 24 and 72 months. The right duration depends on the age of the equipment, how long you plan to use it, and whether you want the option to upgrade or buy out at the end."

5. Can I Finance Multiple Forklifts at Once?

Yes. Whether you need two units for a new facility or ten for a distribution expansion, we structure the financing to cover your full requirement. Fleet financing is a common request and our lenders handle it regularly.

6. Do You Work with All Industries?

Yes. Warehousing, food distribution, manufacturing, retail, agriculture, construction: if you need a forklift, we can likely finance it. Our lender network covers a wide range of sectors and equipment types.