Equipment Financing Rates Canada
For transactions ranging in size from 3 million to 100 million or more work with our capital equipment finance team.
Equipment financing rates canada. Pnc equipment finance is a recognized leader in providing equipment financing solutions to clients throughout the u s. 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. Special pro and put residuals on new and late model used 2015 or newer combines for a limited time only. 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.
Equipment loan interest rates. Wells fargo equipment finance is the trade name for certain equipment leasing and finance businesses of wells fargo bank n a. Lock in a low lease payment with agdirect s special lease residuals. 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 financing transactions are provided in canada by wells fargo equipment finance company. 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. Discover capital equipment financing. Financing for excavators wheel loaders articulated dump trucks feller bunchers backhoes skidders compact construction equipment and more.
If you are an indigenous entrepreneur or a newcomer to canada discover solutions designed for you. 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. 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. Lock in a low lease payment with agdirect s special lease residuals.
To qualify for an equipment loan at the credit union you will need to be a member to. 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. Terms for equipment loans vary depending upon the individual lender. The higher your credit score the lower your interest rate will.
Equipment loan interest rates typically range between 2 and 20. Subscribe to receive via email tips articles and tools for entrepreneurs and more information about our solutions and. All transactions are subject to credit approval. We offer flexible terms of up to ten years with advance rates tailored to the equipment and credit strength of the borrower.