Equipment Financing Rates Canada
Terms for equipment loans vary depending upon the individual lender.
Equipment financing rates canada. Special pro and put residuals on new and late model used 2015 or newer combines for a limited time only. Subscribe to receive via email tips articles and tools for entrepreneurs and more information about our solutions and. Lock in a low lease payment with agdirect s special lease residuals. We offer flexible terms of up to ten years with advance rates tailored to the equipment and credit strength of the borrower.
We finance general purpose equipment such as packing machines and office equipment heavy industrial equipment such as manufacturing lines printing presses and stationary machinery construction equipment and commercial vehicles typically greater than 2 5 tons such as heavy trucks and trailers. Commercial loan repayment terms tend to max out at seven years for most loans with interest rates that will also vary depending upon the lender your credit profile and the amount borrower. To qualify for an equipment loan at the credit union you will need to be a member to. Special pro and put residuals on new and late model used 2015 or newer combines for a limited time only.
Equipment financing transactions are provided in canada by wells fargo equipment finance company. For transactions ranging in size from 3 million to 100 million or more work with our capital equipment finance team. Special pro put and fpo residuals on new and used grain carts dump carts forage wagons dump wagons tillage equipment and heads cornheads drapers platforms. Equipment loan interest rates.
As one area of focus we help manufacturers distributors and vendors of capital equipment grow their businesses by providing their end users with fast and efficient financing options. If you are an indigenous entrepreneur or a newcomer to canada discover solutions designed for you. Some restrictions may apply. Get financing to cover the purchase cost of new or used equipment so you can expand and modernize operations.
Pnc equipment finance is a recognized leader in providing equipment financing solutions to clients throughout the u s. Lock in a low lease payment with agdirect s special lease residuals. Climb into the equipment you need for your construction or forestry company with flexible financing options from experts who know your business and the challenges you face. Equipment loan interest rates typically range between 2 and 20.
Discover capital equipment financing. Special pro put and fpo residuals on new and used grain carts dump carts forage wagons dump wagons tillage equipment and heads cornheads drapers platforms. Wells fargo equipment finance is the trade name for certain equipment leasing and finance businesses of wells fargo bank n a. While the variance is as wide as that tractor you re financing it s only because the rate you get largely depends on your credit score and how long you ve been in business.