Complete Guide
Financing Core
How to Finance Heavy Equipment in Canada (2026)
How Canadian contractors finance excavators, dozers, trucks, and logging gear in 2026 — lender types, real rates, the documents, and approval timelines.
Read the GuideHeavy Equipment Financing Guides
Real answers for contractors — not bankers.
Learn how equipment financing works in Canada, what lenders look for, and how to think through credit, payments, used equipment, and older machines before you apply. Start with the question you are actually trying to answer.
Financing CoreEssential guides to equipment financing in Canada
ExcavatorsEverything about financing and evaluating excavators
Skid SteersSkid steer financing, pricing, and evaluation guides
Dozers & Heavy IronDozer and heavy equipment financing guides
Wheel LoadersWheel loader financing, hours, and evaluation guides
Motor GradersMotor grader financing, hours, and evaluation guides
Backhoe LoadersBackhoe loader financing, hours, and evaluation guides
TelehandlersTelehandler financing, hours, and evaluation guides
Logging & SpecialtyFinancing guides for logging and specialty equipment
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Most useful guides for first-time visitors.
These articles answer the highest-intent questions and move you toward the calculator, deal check, or application.
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Financing CoreEssential guides to equipment financing in Canada6
ExcavatorsEverything about financing and evaluating excavators4
Skid SteersSkid steer financing, pricing, and evaluation guides4
Dozers & Heavy IronDozer and heavy equipment financing guides1
Wheel LoadersWheel loader financing, hours, and evaluation guides1
Motor GradersMotor grader financing, hours, and evaluation guides1
Backhoe LoadersBackhoe loader financing, hours, and evaluation guides1
TelehandlersTelehandler financing, hours, and evaluation guides9
Logging & SpecialtyFinancing guides for logging and specialty equipmentFinancing Core
Essential guides to equipment financing in Canada
Alberta Equipment Loan & Lease Rates: 6.5%–22% (August 2026)
Alberta equipment loan and lease rates in August 2026 run 6.5–22% by credit tier. The rate is national — what changes is 5% GST and the road-ban calendar.
Financing CoreNew
Read guide →Equipment Leasing in Canada: How It Works, Rates & Structures (2026)
How heavy equipment leasing works in Canada — lower payments, the $1/10%/FMV buyout structures, what it costs, the tax split, and who leases.
Financing CoreGuide
Read guide →Used Heavy Equipment Financing in Canada: 7–18% Rates
What Canadian lenders approve on used iron in 2026 — rates 7–18% by credit, 10–25% down, equipment up to 15+ years, and how to structure it to fund.
Financing CoreGuide
Read guide →What Happens If You Default on Equipment Financing?
Missed payment to repossession in Canada: the PPSA timeline, your right to cure and redeem, the deficiency balance, and the off-ramps at every stage.
Financing CoreGuide
Read guide →Equipment Financing for Sole Proprietors in Canada
Yes — Canadian sole proprietors finance equipment without incorporating: 650+ credit, 10–15% down, and the Line 13500 income paradox that decides it.
Financing CoreGuide
Read guide →Equipment Financing for a New Business (Under 2 Years)
9–14% rates, 20–35% down: how Canadian businesses under 2 years old finance heavy equipment, lenders that look past thin history, and start-up programs.
Financing CoreGuide
Read guide →Bad Credit Equipment Financing in Canada: Approved From 15% Down
Declined by your bank? The machine is the collateral. Canadian contractors with bruised credit get approved from 15% down — real rates, no judgment.
Financing CoreGuide
Read guide →Current Equipment Loan & Lease Rates in Canada (July 2026): 6.5%–22%
Current loan and lease rates Canadian contractors pay in 2026 — 6.5–22% by credit tier, plus how lease rates and sales tax differ across BC, AB, SK & MB.
Financing CoreGuide
Read guide →Lease vs. Finance Equipment for Canadian Contractors
Lease for lower payments and flexibility; finance to build equity. The buyout line and the tax treatment are where the real difference hides.
Financing CoreGuide
Read guide →Banks vs. Private Equipment Lenders in Canada (Compared)
Banks bet on the borrower; private lenders bet on the machine. Rates, speed, credit, and fit compared — plus where BDC sits in between.
Financing CoreGuide
Read guide →How Much Down Payment Do Lenders Require for Equipment Financing?
Most Canadian equipment lenders want 10–20% down — but it's really loan-to-value, and some (like BDC) go to 125%. What drives it and how to lower it.
Financing CoreGuide
Read guide →What Credit Score Do You Need for Equipment Financing?
No single magic score for equipment financing in Canada. What each tier (750+ to sub-550) gets you on rate and down — and what beats the number.
Financing CoreGuide
Read guide →How to Finance Heavy Equipment in Canada (2026)
How Canadian contractors finance excavators, dozers, trucks, and logging gear in 2026 — lender types, real rates, the documents, and approval timelines.
Financing CoreComplete Guide
Read guide →Excavators
Everything about financing and evaluating excavators
Can You Finance a 2012 Cat 320? (Equipment Age Guide)
Yes — a 2012 Cat 320 is financeable in Canada, mostly via private and specialty lenders. What it takes: a strong down payment and the right lender.
ExcavatorsGuide
Read guide →What's the Monthly Payment on a $150K Excavator?
Real monthly payment calculations for a $150,000 excavator at different rates, terms, and down payments. See exactly what you will pay and how to budget.
ExcavatorsGuide
Read guide →Excavator Hours: How Many Is Too Many to Finance?
No fixed lender cutoff on excavator hours. They shape the machine's value, remaining life, and your terms — here's how to read the meter before you buy.
ExcavatorsGuide
Read guide →Average Price of a Used Excavator in Canada (2026)
Real used excavator prices in Canada by size class, model, year, and hours — from live dealer inventory, plus what drives price and shapes financing.
ExcavatorsGuide
Read guide →Can You Finance a Used Excavator? (The Real Answer)
Yes, you can finance a used excavator in Canada. Here is what lenders look at, what kills deals, the current rates, and how to get approved.
ExcavatorsGuide
Read guide →How to Finance an Excavator in Canada
Finance an excavator in Canada in 2026: real used prices from live dealer inventory, what lenders score, captive 0% deals, rates, and how to get approved.
ExcavatorsComplete Guide
Read guide →Skid Steers
Skid steer financing, pricing, and evaluation guides
Finance a Used Skid Steer With Bad Credit: Yes, 15–25% Down
Yes — used skid steers finance with bad credit in Canada: ~11–22%, 15–25% down, 2–5 year terms. What to expect and how to get approved.
Skid SteersGuide
Read guide →How Many Hours Is Too Many on a Skid Steer?
No lender posts a hard hours cutoff on a skid steer. What hours, wheeled-vs-tracked undercarriage, and records really mean before you buy.
Skid SteersGuide
Read guide →Average Price of a Used Skid Steer in Canada (2026)
Current used skid steer prices in Canada by brand, model, year, and hours. Bobcat, Cat, John Deere, Kubota, and Case pricing with market trends.
Skid SteersGuide
Read guide →Skid Steer Financing in Canada: Rates & Approval
How to finance a skid steer in Canada — real rate ranges, terms, lease vs buy, and what it takes to get approved on new or used machines.
Skid SteersComplete Guide
Read guide →Dozers & Heavy Iron
Dozer and heavy equipment financing guides
How Many Hours Is Too Many on a Dozer?
No fixed lender cutoff on dozer hours. They shape value, remaining life, and your terms — and on a dozer the undercarriage swings the decision.
Dozers & Heavy IronGuide
Read guide →What's the Monthly Payment on a Cat D6 Dozer?
New Cat D6 ($380K–$450K): ~$7,200–$8,800/mo. Used 2018–2022 ($140K–$280K): ~$2,800–$5,500/mo at 8%, 5-yr. Plus the operating costs most forget.
Dozers & Heavy IronGuide
Read guide →Dozer Financing in Canada: Rates, Terms & Down (Cat D3–D11)
Complete guide to financing a dozer in Canada. Models, prices, rates, terms, and what lenders look for on bulldozer deals from Cat D3 to D11.
Dozers & Heavy IronComplete Guide
Read guide →Can Banks Finance 10,000-Hour Equipment?
No, most banks won't — but alternative lenders do. Why the 10K-hour line exists, what it actually means for your machine, and how to get the deal funded.
Dozers & Heavy IronGuide
Read guide →Wheel Loaders
Wheel loader financing, hours, and evaluation guides
How Many Hours Is Too Many on a Wheel Loader? It Depends on the Records
On a wheel loader, 10,000–12,000 hours is the rough benchmark — but documented service and oil-analysis records matter more than the meter.
Wheel LoadersGuide
Read guide →Motor Graders
Motor grader financing, hours, and evaluation guides
How Many Hours Is Too Many on a Motor Grader?
No fixed lender cutoff on motor grader hours. Graders are long-life machines — the circle, the cutting edge, and how it was used tell the real story.
Motor GradersGuide
Read guide →Backhoe Loaders
Backhoe loader financing, hours, and evaluation guides
How Many Hours Is Too Many on a Backhoe?
No lender posts a hard hours cutoff on a backhoe — and it's two machines on one meter, the loader and hoe ends wearing separately. How to read it.
Backhoe LoadersGuide
Read guide →Telehandlers
Telehandler financing, hours, and evaluation guides
How Many Hours Is Too Many on a Telehandler?
No lender posts a hard hours cutoff on a telehandler — and hours are a weak gauge on a lift machine. The boom and how it was loaded tell the real story.
TelehandlersGuide
Read guide →Logging & Specialty
Financing guides for logging and specialty equipment
Bad-Credit Logging Equipment Financing in Manitoba: From 25% Down
Yes — Manitoba loggers get approved with challenged credit, 25–33% down. Mill concentration and Hydro line-clearing shape how a lender reads your file.
Logging & SpecialtyGuide
Read guide →How Many Hours Is Too Many on a Used Skidder? (10,000+)
Used skidder hours by brand and terrain. Why a coastal-mud 10,000-hour Tigercat ages differently than an Interior unit — and what financing cares about.
Logging & SpecialtyGuide
Read guide →Bad-Credit Logging Equipment Financing in Saskatchewan: From 25% Down
Yes — Saskatchewan loggers get approved with bad credit. 25–33% down on files tied to the province's three forestry FMAs and forestry-aware lenders.
Logging & SpecialtyGuide
Read guide →Bad-Credit Logging Equipment Financing in BC: From 25% Down
Yes — BC loggers get approved with challenged credit, 25–33% down. BC is two logging industries — Coast and Interior — read differently by lenders.
Logging & SpecialtyGuide
Read guide →How to Start a Logging Truck Business in Canada
$200K–$450K startup, first mill contract, and how to fund the rig — what it takes to launch a one-truck Canadian logging business as an owner-operator.
Logging & SpecialtyGuide
Read guide →Bad-Credit Logging Equipment Financing in Alberta: From 25% Down
Yes — Alberta loggers get approved with challenged credit, 25–33% down. Forestry sits on the oil-and-gas landbase, so your cash flow runs on two cycles.
Logging & SpecialtyGuide
Read guide →Bad-Credit Logging Equipment Financing in Canada: From 25% Down
Yes — Canadian loggers get approved with challenged credit, 25–33% down. The financing rules are national; the revenue context is provincial.
Logging & SpecialtyGuide
Read guide →Log Truck Financing in Canada: 15–30% Down (2026)
Yes — log truck financing is widely available in Canada. 15–30% down on Kenworth/Peterbilt/Western Star rigs, rates by credit, and the contracts that help.
Logging & SpecialtyGuide
Read guide →Logging Equipment Financing Canada: 15–25% Down (2026)
Skidders, feller bunchers, forwarders, processors, log trucks — what Canadian forestry lenders approve, with 15–25% down and seasonal payment options.
Logging & SpecialtyComplete Guide
Read guide →Finished reading and ready to check a real deal?
Use the calculator, check the financeability of the machine, or send the actual equipment details for review.