East Coast equipment financing
One application process across the four Atlantic provinces
Apply online and discuss your equipment by phone or email, whether the seller is nearby or elsewhere in Canada. The review considers the business, equipment, seller, purchase price and intended use. Delivery arrangements are especially useful when a purchase involves several carriers, a ferry crossing or a remote destination.
Nova Scotia and New Brunswick
For construction, forestry and property-service businesses, an equipment purchase often combines a primary machine with attachments or a transport trailer. Excavators, loaders, skidders, chippers, work trucks and tow trucks can be discussed through Merrit Capital. Itemize the package and explain whether it replaces an existing machine, equips another crew or supports new work. Visit our forestry and construction financing guides for equipment-specific details.
Prince Edward Island
For a business balancing landscaping, site work, agricultural services or seasonal property maintenance, the timing of the purchase matters. Explain when the equipment will enter service and how it will be used through the year. Skid steers, trailers, work trucks and attachments should be listed separately, with delivery costs clearly identified. Financial information should give the reviewer a view of the full operating cycle.
Newfoundland and Labrador
Road-building, drilling, mining-support and remote contracting equipment may need a longer delivery plan. Share the supplier location, intended worksite, transport quote and anticipated arrival date. For used machinery, arrange condition information and photographs while the equipment is still accessible at the seller's location. Confirm documentation and funding requirements before committing to a shipping or collection deadline.
Equipment leasing and other financing options
Merrit Capital primarily arranges equipment leases and can also review conditional sales contracts. A sale-leaseback may be considered when a business wants to release capital from equipment it already owns. Working capital and receivables factoring requests can also be discussed when the need relates to business cash flow. Each option has its own eligibility and documentation requirements.
Prepare a complete delivered-equipment budget
- Equipment purchase price, specifications, model year and seller details.
- Separate freight, ferry, installation and commissioning quotes where applicable.
- The delivery destination and required in-service date.
- Serial numbers, maintenance records and condition information for used assets.
- Your Canadian business details and financial information requested for review.
Delivery and installation costs are not automatically included in an approval. Ask which costs can be included and which your business must cover before finalizing the purchase. The equipment financing checklist outlines the information to gather.