Equipment Financing
Equipment Financing in Ontario
Finance new or used business equipment from $50,000 to $5 million. Raymond Leigh works with Ontario businesses through a network of 40+ lenders and financing partners.
At a Glance
What equipment financing options are available to Ontario businesses?
Ontario businesses can finance new and used equipment through banks, specialized equipment finance companies and other commercial lenders. Raymond Leigh reviews the company, equipment and transaction, then identifies financing sources suited to the asset and financing requirement rather than relying on a single lender.
Local Market
Equipment Financing for Ontario Businesses
Ontario has a broad equipment-intensive business market, from manufacturers and transportation companies in the Greater Toronto Area to contractors, food processors and industrial businesses throughout Southwestern and Eastern Ontario.
The right financing source may depend on whether the company is buying production machinery, commercial vehicles, construction equipment, warehouse assets or specialized technology.
Raymond Leigh evaluates the equipment and borrower together before deciding how a transaction should be approached.
- Manufacturing: Finance CNC machines, fabrication equipment, production lines, robotics and other industrial assets.
- Transportation and logistics: Finance trucks, trailers, warehouse equipment and other assets used by transportation and distribution companies.
- Construction: Finance excavators, loaders, lifts and specialized equipment used by contractors and construction businesses.
- Food and beverage: Finance processing, refrigeration, packaging and production equipment.
- Automotive and industrial services: Finance shop equipment, diagnostic systems, lifts and other revenue-producing assets.
- Healthcare and technology: Finance eligible medical, diagnostic, laboratory and business technology equipment.
Equipment
Equipment Ontario Businesses Finance
- CNC and fabrication equipment: Machining centres, lathes, mills, laser cutters and other manufacturing equipment.
- Commercial vehicles: Trucks, trailers and specialized vehicles used by fleet operators and contractors.
- Construction equipment: Excavators, loaders, lifts and other equipment used to complete projects.
- Warehouse and material handling equipment: Forklifts, conveyors and other assets used by logistics and distribution businesses.
- Production and packaging systems: Equipment used to manufacture, process, fill, label and package products.
- Medical and technology equipment: Eligible diagnostic, laboratory, clinical and business technology assets.
Financing Options
Ways to Finance Business Equipment
Ontario businesses use equipment financing for purchases, used assets, refinancing, sale-leasebacks and other situations where preserving operating cash matters.
Equipment Purchase
Finance new or used equipment while preserving cash for other business needs.
Equipment FinancingUsed Equipment
Finance eligible used machinery, vehicles and other commercial equipment from dealers, auctions and other acceptable sellers.
Equipment Purchase FinancingEquipment Refinance
Use eligible equipment your business already owns to access capital without selling the assets.
Equipment RefinancingSale-Leaseback
Convert part of the value in existing equipment into working capital while continuing to use the assets.
Sale-Leaseback FinancingVendor Financing
Give customers another way to finance equipment purchases while your sales team stays focused on the sale.
Vendor FinancingWorking Capital
Explore financing when the business needs additional liquidity for payroll, inventory, expansion or other operating requirements.
Working Capital FinancingOther Financing Options
More Ways to Use Equipment Financing
Used Equipment
Used machinery, commercial vehicles and other equipment may qualify for financing depending on the age, condition, seller, useful life and resale market.
Dealer purchases, resellers, auctions and certain private transactions may all be considered depending on the financing source.
Refinance and Sale-Leaseback
Businesses with equity in existing equipment may be able to refinance those assets or use a sale-leaseback to access capital.
This can support growth, acquisitions, inventory, working capital or another equipment purchase without requiring the equipment to be removed from operations.
Vendor Financing
Raymond Leigh works with equipment dealers, manufacturers and distributors that need financing options for customers. Vendors can refer individual buyers or integrate financing more directly into their sales process.
Common Situations
Why Ontario Businesses Finance Equipment
Adding manufacturing capacity
A manufacturer may finance additional machinery to increase output, automate a process or support new customer demand.
Expanding a fleet
Transportation companies and contractors may finance trucks, trailers or specialized vehicles as their workload increases.
Outfitting a new facility
Businesses opening or expanding a location may need production, warehouse, medical or other equipment without using all available cash.
Refinancing existing assets
Companies with substantial value tied up in equipment may refinance eligible assets to create additional liquidity for the business.
Areas We Cover
Local Equipment Financing
Explore local equipment financing information for businesses across Ontario, including the Greater Toronto Area and major commercial markets throughout the province.
How It Works
How Equipment Financing Works
The right financing structure depends on the business, the equipment and the transaction. Raymond Leigh reviews those factors before determining which financing sources are worth approaching.
Tell Us What You Need
Send the equipment quote, purchase amount and basic information about your business.
We Review the Transaction
We look at the equipment, borrower profile, financing purpose and available documentation.
We Match the File
The transaction is directed toward lenders and financing partners that are better suited to the asset and situation.
Review the Structure
If financing is available, we walk through the payment structure, conditions and next steps.
FAQ
Equipment Financing Questions
Raymond Leigh typically works on equipment financing requirements from $50,000 to $5 million. The amount available depends on the company, asset, transaction and financing source.
Yes. Used machinery can often be financed, although lenders may consider its age, condition, remaining useful life, seller and expected resale value.
Yes. Specialized equipment finance companies and other commercial lenders can provide alternatives to traditional bank financing, depending on the transaction.
Yes. Trucks, trailers and other eligible commercial vehicles are common equipment financing assets for transportation businesses, contractors and other companies.
Sometimes. Auction transactions can have short payment deadlines, so it is best to review the equipment, documentation and financing requirements before bidding whenever possible.
Potentially. Eligible equipment with sufficient value may support refinancing or a sale-leaseback, allowing the company to access capital while continuing to use the assets.
Related Financing
- Equipment Financing: Learn about financing new and used business equipment through Raymond Leigh.
- Equipment Refinancing: Explore financing against equipment your company already owns.
- Sale-Leaseback Financing: Learn how existing business equipment may be used to release capital.
- Vendor Financing: Explore financing options for equipment sellers and their customers.
Next Step
Financing Equipment in Ontario?
Send us the equipment details and basic company information so we can review the transaction.