Commercial equipment financing across Canada
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Merrit Capital Corporation
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Construction & earthmoving

Construction equipment financing built for the job ahead

Merrit Capital helps Canadian contractors finance the machines that move material, prepare sites and keep projects on schedule. We work with new and used equipment from dealers, auctions and private sellers, then structure the request around the asset, the contract pipeline and the way the business earns.

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New & used equipmentCanada-wide serviceDealer & eligible private sales
Excavator and earthmoving equipment working on a commercial construction site

Equipment commonly financed

Assets used in construction & earthmoving

Examples include the equipment below. Eligibility depends on commercial use, transaction size, condition, seller and lender requirements.

  • Excavators and mini excavators
  • Dozers and graders
  • Wheel loaders and track loaders
  • Skid steers and compact track loaders
  • Articulated and rigid dump trucks
  • Backhoes and trenchers
  • Crushers, screeners and compactors
  • Buckets, breakers and attachments
  • Survey and site-support equipment

Match the financing to the machine’s working life

Construction equipment is assessed as a working asset, not simply a line on an invoice. Year, hours, condition, intended use, purchase price and seller all help determine which financing structures may fit.

Used machines can make excellent business sense when maintenance history and pricing are clear. For private sales and auctions, prepare the serial number, photos, inspection information and seller details early so ownership and value can be verified without slowing the job down.

Qualification is transaction-specific. Merrit Capital does not promise approval, rates, down payment, term or funding time before a lender has reviewed the borrower, asset and documents.

Common financing scenarios

Where financing often fits

The business purpose should be specific enough to show how the equipment supports capacity, reliability or a defined service.

Add capacity for a signed project

Acquire an additional excavator, loader or support unit when the current fleet cannot cover the next contract.

Replace a high-hour machine

Move from repair-heavy equipment into a newer unit with a payment structure that can be planned.

Build a complete package

Finance a machine together with eligible attachments, trailers or site-support equipment rather than piecing the purchase together.

Prepare the request

Information that helps a lender understand the deal

Not every item is required in every transaction, but these details frequently matter in construction & earthmoving.

  • Current and upcoming project workload
  • Machine age, hours and maintenance history
  • Dealer, auction or private-sale documentation
  • Required attachments and transport equipment
  • Down payment or trade-in, if applicable
  • Delivery date and any deposit deadline

How it works

A practical four-step financing process

01 / ASSET

Share the equipment

Quote, specifications, seller and required delivery date.

02 / CONTEXT

Explain the business use

Operating history, work and reason for the purchase.

03 / CREDIT

Complete the review

Provide the financial and ownership information requested.

04 / CLOSE

Documents and funding

Meet final seller, insurance, lien and signature conditions.

Industry questions

Construction equipment financing FAQ

Can Merrit Capital finance used construction equipment?

Yes. Used excavators, loaders, dozers, skid steers and other commercial machines may be considered. Lenders typically review age, hours, condition, value and the strength of the overall transaction.

Can attachments be included with the machine?

Often they can when the attachments are identified on the quote or bill of sale and are appropriate for the financed machine. Package eligibility depends on the lender and transaction.

Do you finance construction equipment bought at auction?

Auction purchases may be considered. Contact us before bidding when possible so the asset, buyer and expected purchase range can be reviewed before the auction deadline.

What documents help with a private construction-equipment sale?

A detailed bill of sale, serial number, seller identification, photos, equipment specifications and any available maintenance or inspection records are commonly useful.

Does every contractor or machine qualify?

No. Approval and structure depend on the business, credit profile, cash flow, asset, price, seller and lender requirements. Merrit Capital can review the full request and explain what is realistic.

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Related equipment and financing guidance

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Discuss equipment financing for your business

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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