Commercial equipment financing across Canada
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Merrit Capital Corporation
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Equipment financing by asset

Heavy equipment financing for machines that earn

Merrit Capital finances new and used heavy equipment for Canadian contractors, resource businesses, forestry operators and other commercial users. We review the machine, price, seller and the work it is expected to perform—then pursue a structure suited to the transaction.

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New & used assetsCommercial business useDealer & eligible private sales
Wheel loader, dozer and rock truck working in a commercial aggregate operation

Equipment included

Heavy equipment Merrit Capital may consider

Availability depends on the borrower, asset, seller, price and lender. Related attachments and upfits should be itemized on the quote.

  • Dozers
  • Wheel loaders
  • Motor graders
  • Articulated dump trucks
  • Scrapers
  • Compactors
  • Crushers and screeners
  • Telehandlers
  • Specialized heavy equipment

What lenders look for in a heavy-equipment request

Model year is only the starting point. Hours, condition, major component history, specifications, attachments, purchase price and seller all affect the assessment. Strong requests also explain the operator’s experience, current work and why the machine is the right size for the job.

Asset acceptance is not an inspection. Buyers remain responsible for condition, suitability, compliance and independent professional advice.

Common purchase scenarios

How the equipment can fit the business

Fleet replacement

Move out a high-hour unit before repair exposure begins to control the schedule.

Project capacity

Add the machine class needed for a defined contract or recurring workload.

Used acquisition

Purchase a proven machine from a dealer, auction or private seller with condition and value documented.

Before applying

Details to gather for heavy equipment

  • Year, hours and serial number
  • Maintenance and rebuild history
  • Machine configuration and attachments
  • Purchase price and market support
  • Dealer, auction or private seller
  • Workload and delivery deadline

Frequently asked questions

Financing FAQ for heavy equipment

Can used heavy equipment be financed?

Yes, subject to age, hours, condition, price, seller and credit review.

Can attachments be included?

Eligible attachments may be included when they are itemized, valued and appropriate for the machine.

Can I finance equipment from an auction?

Auction purchases may be considered. Seek a review before bidding whenever possible.

Is a down payment always required?

Not always. Equity requirements vary with the business, asset, structure and lender.

Does strong equipment value guarantee approval?

No. Asset value helps, but the complete borrower and transaction still require lender approval.

Related pages

Keep researching the transaction

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Financing heavy equipment?

Tell Merrit Capital what you are buying, the approximate amount, the seller and the timing. We will explain the next information needed—without promising an outcome before the transaction is reviewed.

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