Technology & Business Services
Technology & Business Equipment Financing in Canada
Finance servers, networking, telecom, security and audio visual hardware through one process with access to 40+ financing sources. Raymond Leigh arranges technology equipment financing for Canadian businesses and their IT partners, typically from about $50,000 to $5 million.
At a Glance
Technology Equipment Financing in Canada: At a Glance
What can be financed
Servers, storage, networking, workstations, UPS and backup power, phone systems, POS, security cameras, access control and AV.
Transaction size
About $50,000 to $5 million, from a server room refresh to a multi-site rollout.
Software and services
Physical hardware is the core of the financing. Software licences, SaaS subscriptions and professional services are not always eligible and depend on the financing source.
Installation
Cabling, installation and configuration bundled with a hardware project may be included in some transactions.
Refresh cycles
Shorter terms and lease structures can line up with a three- to five-year hardware refresh cycle.
Where
Businesses, public-sector suppliers and IT providers across Canada may apply.
Why Businesses Finance
Financing Built Around Refresh Cycles
Technology hardware loses value faster than almost any other business equipment. Servers, switches and workstations are typically replaced every few years, and the newest systems are needed to stay secure and supported.
That makes cash purchases painful. A server room upgrade, a new phone system or a security rollout across several locations can cost as much as a year of IT budget. Financing turns that into predictable payments that end around the time the next refresh is due.
There is one important limit. Financing sources lend against things they can identify and recover. Physical hardware fits that model well. Software, subscriptions and services may or may not be included, depending on the source and how much of the project they represent.
Equipment
Technology & Business Equipment We Finance
These are the main categories of technology hardware businesses finance.
Data centre
Servers, storage systems, racks, UPS systems, backup power and cooling.
Networking
Switches, routers, firewalls, wireless access points and structured cabling projects.
End-user computing
Workstations, laptops, desktops and specialized computers.
Telecom
Phone systems, telecommunications hardware and contact centre equipment.
Retail and payments
POS systems, digital signage, kiosks and printing equipment.
Security and AV
Camera systems, access control, alarm systems, audio visual and conference room technology.
By Category
Technology Hardware Financing by Category
Each category has its own refresh cycle and resale value, which affects term and structure.
Server & Data Centre Equipment Financing
Servers, storage arrays, racks, UPS systems and cooling are financed for on-premise data centres, colocation build-outs and disaster recovery sites. Terms usually reflect a three- to five-year life.
IT Hardware Financing
IT hardware financing covers workstations, laptops and specialized computers in volume, often as part of a company-wide refresh or office opening.
Networking Equipment Financing
Switches, routers, firewalls and wireless systems can be financed together with installation for an office, campus or multi-site network upgrade.
Telecommunications Equipment Financing
Phone systems, contact centre hardware and telecom infrastructure are financed by businesses and by telecom contractors building networks for clients.
POS Equipment Financing
Retailers, restaurant groups and franchisees finance POS terminals, kiosks and digital signage across multiple locations.
Security System Financing
Camera systems, access control and alarm hardware are financed for offices, warehouses, campuses and multi-site businesses.
Audio Visual Equipment Financing
Conference room systems, displays, sound systems and AV control are financed for offices, education, hospitality and event venues. See equipment financing for structures.
Financing Options
Financing Options for Technology Purchases
Hardware is the foundation of every technology financing deal. These are the main ways to structure it.
Equipment Financing
Finance the purchase of technology hardware with the equipment as security.
Explore equipment financingFair Market Value Leasing
Lower payments with the option to return, renew or buy the hardware at end of term. Useful for short refresh cycles.
Project Financing
Finance a multi-site rollout or data centre build in one transaction, including eligible installation.
Multi-Asset Financing
Combine servers, networking, security and AV hardware in one structure.
Equipment Refinance
Borrow against technology the business already owns, where it still has value.
Explore equipment refinanceWorking Capital
Complementary working capital for services or costs that equipment financing does not cover, where appropriate.
Explore working capitalSoftware and SaaS subscriptions are not automatically eligible for equipment financing. We will tell you what the financing sources can and cannot include.
Use Cases
Common Technology Financing Scenarios
Refreshing a server room
A professional services firm replaces end-of-life servers and storage and finances the hardware over its expected life.
Rolling out POS across locations
A franchise group replaces POS terminals and digital signage at every location in one project.
Upgrading security
A distribution company installs new cameras and access control across three warehouses.
Building conference rooms
A growing company finances AV systems for a new office.
Expanding a network
A school or campus upgrades its wireless and switching infrastructure.
Ontario & Quebec
Ontario and Quebec Notes for Technology Buyers
A few practical points come up for technology buyers and IT providers in Ontario and Quebec. These are general notes, not legal or tax advice.
French documentation
Quebec businesses and public-sector buyers may require documentation in French. Raise this early so it can be planned for.
Public-sector payment cycles
IT providers serving Ontario and Quebec public-sector clients often wait longer for payment. Financing and receivables options can help bridge that gap.
Sales tax
Technology purchases attract HST in Ontario and GST and QST in Quebec. How tax is handled depends on the structure, so confirm with your accountant.
For resellers & MSPs
How Technology Vendors & Resellers Can Offer Customer Financing
IT resellers, managed service providers, AV integrators and security installers can offer customer financing through Raymond Leigh. You introduce the client, and we route the hardware portion of the project to financing sources that understand technology.
Technology projects often stall at budget approval. A customer financing program lets your team present a monthly payment alongside the proposal, which can fit operating budgets better than a capital request. It also gives the deal a path forward when the client's bank does not understand the project.
We can tell you early which parts of a proposal are likely to be financeable, such as hardware and installation, and which usually are not, such as ongoing managed services. You keep the client relationship and the project. We look after lender selection and paperwork.
How can IT resellers offer financing to clients?
Send the client and the proposal to Raymond Leigh. We arrange financing for the eligible hardware through third-party sources, and you deliver the project.
Can MSPs include services in financing?
Usually only in limited amounts. Financing sources focus on hardware and installation. Ongoing managed services are generally billed separately.
Can resellers offer financing on multi-site projects?
Yes. Multi-site rollouts can be financed as one project when the hardware list and delivery schedule are clear.
Why Raymond Leigh
One Financing Process. More Places to Take the Deal.
Technology financing is full of fine print about software, services and refresh terms. Raymond Leigh brings one application to 40+ financing sources and tells you plainly what each will and will not include.
- Servers, networking, telecom, POS, security and AV hardware
- Single-site and multi-site projects
- Installation included where appropriate
- About $50K to $5M per transaction
- Clear guidance on software and services
- Canada-wide, including Ontario and Quebec
How It Works
How Technology Financing Works
Applying does not commit you to anything, and approval is never guaranteed. Here is what happens after you reach out.
Tell Us About the Equipment
Send the hardware quote or project proposal and basic company information.
We Review the Transaction
We review the business, the equipment and which costs are financeable.
We Identify Financing Options
Your file is matched with financing sources that understand technology hardware.
Complete the Transaction
After sign-off and lender conditions, funding is released to the reseller, often tied to delivery or installation.
FAQ
Technology & Business Services Financing Questions
Yes. Servers, networking, workstations and other IT hardware are commonly financed in Canada.
Sometimes, in limited amounts. Software bundled with hardware may be included by some financing sources. Standalone software and SaaS subscriptions generally are not.
Many businesses match the term to the expected life of the hardware, often three to five years.
Yes. Camera systems, access control and alarm hardware can be financed, often including installation.
Yes. Multi-location POS projects can be financed as one transaction.
Sometimes. Because technology loses value quickly, refinancing works best for newer equipment.
An MSP can introduce clients to Raymond Leigh when a hardware refresh is proposed. We arrange financing for the eligible hardware and installation.
Yes. AV integrators can show an estimated payment in the proposal, with final terms set by the financing source after review.
Next Step
Upgrade Your Technology on a Predictable Budget
Send us the project or quote. We will tell you what can be financed and how.