Commercial Equipment Financing & Leasing Across Canada
Since 2010, Merrit Capital has helped Canadian businesses acquire revenue‑generating equipment—construction, trucking, towing, landscaping, vocational assets, and more. We structure financing around your cash flow, your timeline, and the asset.
Equipment financing & leasing solutions
We structure deals around your equipment, your timeline, and your cash flow—so you can keep moving, building, hauling, and growing.
New & used equipment purchases
Financing for dealer purchases, private sales, and used equipment—built around the asset and the transaction.
Leases & term financing
Flexible structures including leasing, conditional sales contracts, and residual options—aligned to your use case.
Working capital & sale‑leaseback
Unlock liquidity from owned equipment while keeping it working for you—helpful for growth, seasonality, and stability.
Pre‑approvals & auctions
Know your range before you bid. We can help line up financing so you can move quickly when timing matters.
Cross‑border purchases
Buying equipment across the border? We can help make the financing side clear while you handle logistics and delivery.
Guidance from specialists
Clear communication, realistic timelines, and proactive follow‑up—from first call to funding.
Need a specific structure?
Explore all financing and leasing options—including sale‑leaseback and working capital.
Industries we serve
If the equipment helps your business generate revenue, we can usually help structure financing. Below are common equipment types and industries we support.
Landscaping
Mowers, compact equipment, trucks, trailers, and attachments—structured for real‑world cash flow.
Explore →Construction & earthmoving
Excavators, dozers, skid steers, attachments, and site‑prep equipment—fast, contractor‑friendly approvals.
Explore →Vocational trucks
Dump trucks, roll‑off, hooklift, and specialty builds—financing for owner‑operators and small fleets.
Explore →
Construction
Excavators, skid steers, attachments, and more.
Explore →Transportation
Highway trucks, trailers, and fleet assets.
Explore →Towing
Wreckers, rollbacks, and support equipment.
Explore →Landscaping
Trucks, trailers, mowers, and compact equipment.
Explore →Agriculture
Farm equipment and seasonal working assets.
Industrial & manufacturing
Production equipment, tools, and shop upgrades.
Hospitality
Restaurant and food service equipment.
Medical & dental
Equipment and technology to support your practice.
Waste management
Bins, trucks, compactors, and specialty assets.
Forestry
Harvesting and support equipment.
Oil & mining
Vocational assets built for harsh work.
Office & technology
Upgrades that keep your team productive.
Not seeing your industry?
If the equipment generates revenue, there’s a good chance we can finance it. Explore the full list of industries and equipment types.
How our equipment financing process works
We keep it straightforward: understand the deal, match the right lender, then move quickly through approval and funding.
Tell us what you’re buying
Equipment details, approximate amount, where you’re purchasing, and your timeline.
We structure the best fit
We match your deal to the right structure and lender—balancing speed, terms, and approvals.
Approval & funding
Once approved, we coordinate documentation and funding so you can take delivery and get to work.
Quick start
Use our lightweight intake form (no sensitive personal details required) and we’ll route it to the right person.
About Merrit Capital
Merrit Capital Corporation has been helping businesses finance equipment since 2010. We focus on clarity, speed, and dependable execution—especially when timelines are tight.
Canada coast to coast
We support businesses across the country with structures for equipment that drives revenue.
Built on partnerships
We work with a strong network of institutional and private financing partners—built over years of consistent performance.
Support that stays involved
We guide you through the deal, explain options, and keep momentum from first call to funding.
Practical resources
Short guides for Canadian business owners—helpful when you’re comparing lease vs. finance, planning a sale‑leaseback, or preparing your request for approval.
Lease vs. finance
Understand structures, ownership, and end‑of‑term options—without the jargon.
Read guide →Sale‑leaseback, explained
How it works, when it makes sense, and what lenders typically look for.
Read guide →Approval checklist
What to gather before you apply—so your deal moves faster and cleaner.
Read guide →Want the full library?
Browse all resources, checklists, and downloadable application forms.
Ready to move on that equipment?
Start a quick request and we’ll route it to the right person. Fast, lightweight, and designed for busy operators.
FAQ
A few common questions we hear from business owners and operators.
What types of equipment do you finance?
We finance commercial, revenue‑generating equipment used for business purposes—construction, vocational assets, trucks & trailers, shop and industrial equipment, hospitality equipment, and more.
Do you finance used equipment or private sales?
Yes. Many deals involve used equipment, private transactions, or dealer inventory. We’ll guide you through what’s required to document the purchase and move the financing forward cleanly.
Can you finance auctions?
Often, yes. If timing matters, we can help with pre‑approval and lender alignment so you know your range before you bid.
How quickly can I get approved?
Timelines depend on the asset, the structure, and the information available. For straightforward requests with complete details, credit decisions can often be returned quickly—sometimes within 24 hours.
What information do you need to get started?
Typically: equipment details (make/model/year), approximate amount, where you’re buying it, your timeline, and basic business context (time in business and where you operate). We’ll tell you exactly what’s needed next.
What are typical terms and payment options?
Terms often range from 24 to 84 months depending on the asset and structure. Many businesses prefer monthly payments, but some deals can be structured around seasonality or cash flow patterns where available.
Lease vs. finance—what’s the difference?
In simple terms: financing (like a conditional sales contract) is designed for ownership at the end, while leasing can offer flexible end‑of‑term options. We’ll recommend the structure that best matches your goals, taxes, and cash flow.
Do you require a down payment?
Some deals require a down payment, and some do not. It depends on factors like time in business, credit profile, the asset, and lender guidelines. We’ll explain your options clearly.
Can you help new businesses or startups?
Yes—many lenders will consider newer businesses, especially with a strong industry background, a reasonable request, and a sound transaction. We’ll look at the full picture and route the deal accordingly.
Can you help if my credit profile is not perfect?
Yes. We’ll consider the full story—cash flow, time in business, the asset, and the transaction—and explore options across our lending network. Many business owners have real‑life credit histories; we aim to find practical paths forward.
What transaction sizes do you handle?
We work on a wide range of transactions—from approximately $10,000 up to $20,000,000 depending on the deal. If you’re not sure where your request fits, send it in and we’ll advise.
Do you work with vendors and equipment dealers?
Yes. We work with vendors and dealers and can help streamline the financing side for your customer or your own purchase process.
Can you refinance equipment or do a sale‑leaseback?
In many cases, yes. If you own equipment and want to improve liquidity, a refinance or sale‑leaseback may be an option depending on the asset and lender requirements.
Do you finance across Canada?
Yes. We serve businesses coast to coast across Canada, and we’ll work with you to keep the process efficient regardless of location.
Contact Merrit Capital
Tell us what you’re financing and your timeline. We’ll help you map the fastest path to approval and funding.
Connect with a specialist
To move fast, share: equipment type, approximate amount, vendor/seller, and your timeline.
Equipment: make/model, year, and use case.
Amount: purchase price and any trade/down payment.
Timeline: when you need to take delivery.
Business: time in business and where you operate.
Our intake form is lightweight and non‑invasive—no sensitive personal details required to get started.