Heavy equipment financing for contractors and owner‑operators
When the machine drives the revenue, the structure has to match the asset—not just the headline payment. Merrit Capital helps Canadian contractors finance dozers, loaders, graders, compaction equipment, and other heavy equipment with a process built around the job, the seller, and the timeline.
We work best with owner‑operators, site contractors, civil crews, aggregates businesses, and small to mid‑sized fleets that need a clean path for new, used, dealer, private-sale, or auction equipment.
Heavy equipment we commonly finance
These files are usually won or lost on clean equipment details, seller documentation, and whether the structure matches how the machine earns.
Core production machines
Dozers, wheel loaders, graders, and core earthmoving units for site prep, civil work, aggregates, and general contracting.
Replacement & expansion units
Used replacement machines, additional units for growing fleets, and equipment added to support new contracts or seasonal peaks.
Dealer, private, or auction purchases
The seller type changes the paperwork. We help keep dealer quotes, private bills of sale, and auction timelines funding-ready.
How heavy equipment deals get approved faster
Speed usually comes from a complete picture, not a shorter email. These are the details that prevent a machine deal from getting weird at the finish line.
Send the machine details
Year, make, model, serial number, price, and seller information. Photos or a listing help when the unit is used or specialty.
Explain the operating context
Tell us whether the machine is replacing a down unit, supporting a new contract, or expanding a fleet. That context matters.
Structure around the asset
We look at term, equipment age, seller type, and overall credit profile so the approval is realistic and fundable.
Ready to price that machine?
Send the equipment details and timeline. We’ll tell you the cleanest next step without turning it into a paperwork carnival.
Heavy equipment financing FAQ
A few common questions we hear around this equipment category.
Do you finance used heavy equipment?
Yes. Used heavy equipment is common. Clean seller paperwork, machine details, and realistic valuation help approvals move more smoothly.
Can you help with auction purchases?
Often, yes. Auction timelines can be tight, so it helps to send the listing and bidding window early so we can align on what is realistic before you bid.
Do attachments or support items fit into the file?
Often they do—especially when they are priced clearly as part of the overall transaction. Itemized quotes help.
What terms are typical for heavy equipment?
Terms vary by equipment age, transaction size, approval profile, and lender appetite. Many files land somewhere in the 24–84 month range.
Do you work with smaller contractors?
Often, yes. Smaller contractors and owner-operators can be a strong fit when the equipment story, operating background, and documentation are clear.