Equipment Financing
Equipment Financing in Quebec
Finance new or used business equipment from $50,000 to $5 million. Raymond Leigh works with businesses across Quebec through a network of 40+ lenders and financing partners.
At a Glance
How can a Quebec business finance equipment outside its bank?
Quebec businesses can finance equipment through banks, specialized equipment finance companies and other commercial lenders. Raymond Leigh reviews the business, equipment and transaction, then identifies financing sources that fit the file instead of relying on one lender for every type of equipment purchase.
Local Market
Equipment Financing for Quebec Businesses
Equipment financing needs vary considerably across Quebec. A manufacturer in Montreal may be adding a CNC machine, while a contractor on the South Shore may need excavators, trucks or other heavy equipment.
Transportation companies, food processors, clinics, forestry businesses and equipment-intensive service companies all face different financing requirements.
Raymond Leigh reviews the asset, borrower, seller and purpose of the financing before determining where a transaction should be presented.
- Manufacturing: Finance machining, fabrication, production, automation and other equipment used by Quebec manufacturers.
- Construction: Finance excavators, loaders, lifts, trucks and other equipment used by contractors and construction companies.
- Transportation and logistics: Finance commercial trucks, trailers, forklifts and other fleet or warehouse assets.
- Food processing: Finance production, refrigeration, filling, packaging and other equipment used by food and beverage businesses.
- Healthcare: Finance eligible diagnostic, clinical and specialized medical equipment.
- Forestry and resource industries: Finance eligible equipment used in forestry, processing, transportation and related operations.
Equipment
Equipment Quebec Businesses Finance
- CNC and machining equipment: Mills, lathes, machining centres and other production equipment used by machine shops and manufacturers.
- Construction equipment: Excavators, loaders, lifts and other revenue-producing equipment used on job sites.
- Commercial trucks and trailers: Transportation assets for fleet operators, contractors and logistics companies.
- Production and packaging equipment: Machinery used to manufacture, process, fill, label and package products.
- Material handling equipment: Forklifts, conveyors and other equipment used in warehouses and distribution operations.
- Medical and specialized equipment: Eligible equipment used by clinics, healthcare businesses and other specialized operators.
Financing Options
Ways to Finance Business Equipment
The right financing structure depends on whether the business is purchasing equipment, buying used assets, refinancing equipment it already owns or trying to free up working capital.
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 equipment can often be financed, but lenders may look more closely at the age, condition, seller, useful life and resale market of the asset.
Transactions involving dealers, resellers, auctions and certain private sellers may all be considered depending on the equipment and financing source.
Refinance and Sale-Leaseback
Businesses that already own valuable equipment may be able to refinance eligible assets or use a sale-leaseback to release capital.
That capital can support expansion, inventory, hiring, acquisitions or other business needs while the equipment remains in use.
Vendor Financing
Raymond Leigh also works with equipment manufacturers, dealers and distributors whose customers need financing. Vendors can refer individual transactions or integrate financing more directly into their sales process.
Common Situations
Why Quebec Businesses Use Equipment Financing
Expanding production capacity
A manufacturer may need additional machinery to increase output, reduce bottlenecks or bring outsourced production back in-house.
Replacing aging equipment
Financing can help replace equipment that is becoming unreliable without requiring the full purchase price to come from operating cash.
Taking on a new contract
Contractors, manufacturers and transportation companies may need equipment quickly when a new contract creates additional capacity requirements.
Preserving working capital
Rather than paying for a large asset entirely in cash, a business may finance the equipment and preserve liquidity for payroll, inventory and operating expenses.
Areas We Cover
Local Equipment Financing
Explore local equipment financing information for businesses across Quebec. New cities and regions will be added as Raymond Leigh expands its local financing coverage.
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 business, equipment, transaction structure and financing source.
Yes. Used equipment can often be financed, although the age, condition, useful life, seller and resale value of the asset can affect available terms.
No. Businesses can also work with specialized equipment finance companies and other commercial lenders. Different financing sources may have very different appetites for the same transaction.
Potentially. Businesses with equity in eligible equipment may be able to refinance those assets or use a sale-leaseback to access capital while continuing to use the equipment.
Potentially. Financing sources may place more weight on the owners’ industry experience, credit profile, contracts, cash contribution and the type of equipment being purchased.
Yes. Raymond Leigh works with businesses throughout Quebec and across Canada, including major markets throughout Greater Montreal, Quebec City and other Quebec regions.
Related Financing
- Equipment Financing: Learn about Raymond Leigh’s broader equipment financing process for new and used business assets.
- Equipment Refinancing: Explore ways to access capital from equipment your business already owns.
- Sale-Leaseback Financing: Learn how a business may release capital from existing equipment while continuing to use it.
- Vendor Financing: See how equipment sellers can provide financing options to their customers.
Next Step
Financing Equipment in Quebec?
Send us the equipment details and basic information about your business so we can review the transaction.