Equipment Financing
Help businesses acquire or upgrade essential equipment.
Understanding equipment financing
Equipment financing helps businesses acquire or upgrade the machinery, vehicles and technology they rely on, without paying the full cost upfront. In many cases, the equipment itself may serve as security for the financing.
Through our partners, APX Funding helps businesses explore equipment loans and leasing structures for new or used equipment, subject to the partner's eligibility criteria.
Common use cases
- Commercial vehicles and trucks
- Construction and heavy equipment
- Manufacturing and production machinery
- Restaurant and kitchen equipment
- Medical and dental equipment
- Computers, technology and POS systems
Potential benefits
Preserve cash
Spread the cost of equipment over time instead of paying all at once.
Asset-backed structures
The equipment may serve as security, which can broaden available options.
Keep up with demand
Upgrade or expand capacity when your business needs it.
Loan or lease
Explore whether ownership or leasing better suits your plans.
Benefits depend on the specific product, provider and terms offered.
General eligibility considerations
Each funding partner sets its own criteria. Common considerations include:
- An operating Canadian business
- A quote or invoice for the equipment
- Business revenue and credit information
- Equipment type, age and condition are considered by providers
Frequently asked questions
Some financing partners will consider used equipment. Age, condition and resale value are typically factored into the decision.
APX Funding is an independent commercial financing brokerage and is not a bank or direct lender. We work with third-party funding partners. All financing is subject to eligibility, underwriting, funding partner terms and final approval by the funding provider. Submitting an application does not guarantee approval, a specific amount, rate, term or funding timeline.
Ready to explore your funding options?
Complete our secure online application and our team will review your financing needs.
Applying does not guarantee approval. Financing is subject to eligibility and funding partner terms.