Construction Equipment Financing Specialists
Whether you’re buying new or used Construction equipment, Equipment Finance Canada can help you on your way. Our Construction specialists will assess your needs and secure the best financing option available for your business.
Start applicationContact UsFast-moving Construction equipment financing solutions
Your business needs reliable Construction equipment to keep it moving forward. As Construction equipment financing specialists, we understand the industry’s unique requirements.
Financing for used equipment through private sales
Supporting cross-border and international equipment purchases
Flexible solutions tailored for your business
The lowest payments in Canada
Our strong relationships with Canada’s leading banks, financial institutions, and private lenders grant our customers access to the best payment terms.
Terms ranging from 12 to 84 months
Many different leasing options available
Our experts find the best price for you
Access to Canada’s Leading Lenders
Trusted. Vetted. Secure.
Get access to our wide network of leading banks, financial institutions, and private lenders across Canada. Our team of experts connects you to the best rates available so you can get back to doing what you do best.
Find the best financing option for your needs
Discover a range of financing options for new and used equipment. We work with you to find the right tailored solution for your business.
Our experts guide the application process
Our leasing agents submit your application on your behalf, ensuring all the I’s are dotted and the T’s are crossed. Our team of experts is on hand throughout the process to offer guidance and support.
You receive a credit decision within a day
There’s no waiting around when you apply for equipment financing through EFC. We work directly with lenders to obtain credit decisions within 24 hours and notify you as soon as a decision has been made.
Work with experienced, knowledgeable, trusted equipment financing experts
Our mission is to make accessing equipment financing easy, quick, and stress-free. With years of experience working with businesses across transportation, agriculture, construction, and other commercial industries, our team is best placed to provide tailored solutions that meet your specific needs.
91%
of submitted applications approved
24-hour
turnaround for approvals upon submission
Apply today for 24-hour approval
Skip the queues with Canada’s most trusted site for equipment finance.
Apply NowFAQS
We answer your most pressing questions about equipment financing.
Equipment financing is a loan or lease specifically designed to help businesses acquire necessary equipment without paying the full cost upfront. By spreading the cost over time, businesses can manage their cash flow more effectively while still gaining access to the Construction equipment they need to operate and grow.
Eligibility requirements for financing Construction equipment typically include a review of your business's credit history, financial statements, and sometimes the projected revenue from using the equipment. Lenders may also consider the type of equipment and its value, as well as your ability to make regular payments.
Financing terms usually range from 24 to 84 months. The length of the term often depends on the type and age of the Construction equipment, the borrower's creditworthiness, and the lender's policies.
Yes, many lenders offer financing options for both new and used Construction equipment. However, terms and conditions might differ, with used equipment sometimes requiring higher interest rates or shorter financing terms due to the reduced resale value.
To apply for financing for Construction equipment, you’ll typically need to provide financial statements, tax returns, business bank statements, and details about the equipment you wish to finance. Some lenders may also request a business plan or projections if the equipment is integral to your operations.
The approval process for Construction equipment financing can be completed in as little as 24 hours, and funding can occur within 2 business days if all conditions and documentation are satisfied. The timeline may vary depending on the lender and the complexity of your application, but some lenders offer expedited approval for straightforward applications.
Often, we can achieve 100% financing or offer $0 down options for Construction equipment. However, in some cases, a down payment may be required depending on factors such as creditworthiness and other conditions. The amount of any required down payment can vary based on the lender and your specific situation.
Yes, it is possible to finance Construction equipment with less-than-perfect credit, though you may face higher interest rates or stricter terms. Some lenders specialize in working with businesses that have lower credit scores and may offer alternative financing options.
At the end of the financing term for Construction equipment, assuming all payments have been made, you will own the equipment outright.
Yes, financing Construction equipment may offer tax benefits. Depending on your jurisdiction, you might be able to deduct monthly payments. It’s advisable to consult with a tax professional to understand the specific tax benefits available to you.
Leasable Construction equipment
Can’t see your industry listed below? Don’t worry. There’s a good chance we can still help you. Our expert team is available to answer your questions.
- 3D machine control
- Aerial Lift & Skyjack
- Aggregate
- Ammann Group
- Articulated Dump Truck
- Asphalt Distributor
- Asphalt Milling Machine
- Asphalt Paver
- Asphalt Plant
- Asphalt recycling system
- Asphalt spreader
- Astec Industries
- Atlas Copco
- Attachment
- Auger drill
- Backhoe
- Bell
- Belt feeder
- Blaw-Knox (Volvo)
- Bobcat
- Bomag
- Boom lift
- Brokk
- Bulldozer
- Car Wash System
- Case Construction
- Case IH
- Caterpillar
- Cement Silo
- Cement spreader
- Cement Truck
- Cold Planer
- Commercial Pressure Washer
- Compactor
- Compressor
- Concrete Batch Plant
- Concrete Buggy
- Concrete Construction
- Concrete Pump
- Concrete Recycling System
- Cone Crusher
- Conveyor
- Crane
- Crawler Loader
- Demolition
- Digger Derrick
- Directional Drilling
- Ditch Witch
- Doosan Infracore
- Drill rig
- Drum Roller
- Dust control system
- Excavator
- Fayat Group
- Flat saw
- Floor Grinder & Polisher
- Forklift
- Front-end loader
- Fuel truck
- Furukawa Rock Drill
- Gehl
- Generator
- Genie
- Grader
- Grapple truck
- Gravel spreader
- Grove
- Hammer mill
- Heavy
- Hitachi Construction Machinery
- Hydraulic hammer
- Hydrema
- Hydro excavation truck
- Hyundai Construction
- Impact crusher
- Jaw crusher
- JCB
- JLG Industries
- John Deere
- Kawasaki Construction Machinery
- Kobelco
- Komatsu
- Kubota
- Landscaping
- Liebherr
- Light Tower
- Link-Belt
- Heavy Machinery
- Magni Telescopic Handler
- Manitou
- MB Crusher
- Mecalac
- Milling machine
- Mini excavator
- Mobile power unit
- Morbark
- Mortar mixer
- Motor grader
- Multiquip
- New Holland Construction
- Padfoot roller
- Pile boring & cutting
- Pile driver
- Pipe layer
- Quarry truck
- Rebar bender and cutter
- Ride-on trowel
- Road Marking
- Road reclaimer
- Road roller
- Road saw
- Rock breaker
- Rock Drilling
- Rock truck
- Rockland
- Roller compactor
- Rolling Industrial Pressure Wash System
- Roofing
- Rough terrain crane
- Sakai Heavy Industries
- Sandvik
- Scissor lift
- Sennebogen
- Sheep foot roller
- Shot blaster
- Shotcrete Machine
- Site security system
- Skid steer Loader
- Skip Loader
- Slipform Paver
- Snow Plow/Salter/Sander
- Compactor
- Soil mixer
- Soil stabilizer
- Spydercrane
- Stone crusher
- Stone spreader
- Storage Container
- Street sweeper
- Stump Grinder
- Tadano
- Takeuchi
- Telescopic handler (telehandler)
- Terex
- Theodolite
- Thermal camera
- Topography & Surveying
- Total station
- Tower crane
- Track loader
- Transit Van
- Trencher
- Trommel screen
- Truck Mounted Washer System
- Tunnel boring machine
- Vermeer
- Vertical drilling rig
- Vibrating screen
- Vibratory pile hammer
- Vibratory plate
- Volvo Construction
- Wacker Neuson
- Walk-behind saw
- Walk-behind trowel
- Wall saw
- Welding
- Wheel Loader
- Wheel Tractor Scraper
- Wire saw
- Woodworking
- Yanmar
- Telehandler
- Zero Down ($0) Construction
- New & Used Construction
- Private Sale Construction
- Low Interest Rate Construction
- Bad Credit Construction
- Loans for Construction
We provide equipment leasing across Canada
Select your province to find out more.