Financing for the machine you actually want.
We partner with lenders across Canada and the US to finance equipment purchases, refinance existing machines, and even bust you out of a bad lease. One short application — a real human follows up.
Soft inquiry only · No obligation · OAC
What we finance
Earth-moving equipment, attachments, trucks and trailers — new, used, dealer, or private. We can also finance the service work to keep an older machine on the job.
Purchase financing
New or used equipment — dealer or private market. We get you approved before you commit.
Lease busting
Stuck in a lease? In most cases we can help you sell and finance your way out cleanly.
Private market approvals
Found a machine on Marketplace or Kijiji? We can finance private-party purchases.
Refinancing
Lower your payment, pull equity from a paid-down machine, or restructure existing loans.
Service & repair financing
Major rebuild, undercarriage, engine, or hydraulic work — finance the repair instead of parking the machine.
Attachments & upgrades
Tilt rotators, hoe packs, buckets, GPS kits — bundle attachments into the same approval.
How equipment financing actually works
Equipment financing is its own world — it isn't a mortgage, it isn't a credit card, and most local banks aren't set up for it. The machine itself acts as collateral, which is why lenders can offer better rates and longer terms than an unsecured loan. Here are the main structures we work with every day.
Equipment loans
You own the machine on day one. The lender registers a lien against it as collateral. Terms typically run 36–84 months with fixed monthly payments. Good fit when you plan to keep the machine long-term and want to build equity.
Equipment leases
The lender owns the machine and you make monthly payments to use it, usually with a $1, 10%, or fair-market-value buyout at the end. Often lower monthly payment, 100% of the payment can be expensed, and easier approval for newer businesses.
Refinancing & equity take-out
If you own a machine outright (or have paid most of it down), we can refinance it to pull cash out for working capital, a down payment on the next machine, or to consolidate higher-rate debt.
Lease busting
If your current lease no longer fits — payment too high, machine wrong size, end-of-term buyout looming — we work with you and the lessor to pay it out, list the machine on FEM, and roll you into financing that actually matches your job.
Private-party purchase
Most banks won't finance a machine you found on Marketplace, Kijiji, or from another contractor. Our lender network specializes in private sales — we handle the inspection, valuation, and lien search so the deal closes safely.
Service & repair financing
A surprise $40k repair shouldn't kill your season. We can finance major service work — engine rebuilds, undercarriage, hydraulics, transmission — over 12–60 months so the machine stays earning.
Why go through FEM instead of your bank?
- • Lender network across Canada and the USA — one application, multiple offers.
- • We know equipment values, so deals don't die at the appraisal stage.
- • Private-party, auction, and out-of-province purchases are routine for us.
- • Approvals for newer businesses, owner-operators, and rebuilds — not just A-credit corporations.
- • Service, repair, and attachment costs can be rolled into the same approval.
- • Real humans — no portal-only black box.
How it works
Apply in 2 minutes
Tell us the amount and basics. No hard credit pull.
Broker call
Our financing partner contacts you to confirm details and structure.
Get approved
Receive terms from lenders across Canada and the USA.
Fund & deliver
Documents signed, funds released, machine on the ground.
Estimate a payment
Illustrative only. Real terms depend on credit, time in business, and the lender.
Frequently asked
Will applying hurt my credit?+
No. The initial application is a soft inquiry only. A hard pull only happens after you review terms and give written consent to move forward.
Do I need to be incorporated?+
No. We finance sole proprietors, partnerships, and corporations in both Canada and the USA. Newer businesses (under 2 years) and start-ups have lender options too.
How much down payment is required?+
Often $0 down for established businesses with good credit. Newer businesses, weaker credit, or older machines may require 10–20% down. We'll tell you upfront.
How fast can I get funded?+
Simple deals can be approved in 24–48 hours and funded within a week. Larger or more complex deals (private sale, refi, lease buy-out) typically close in 5–10 business days.
What documents will I need?+
For most deals: ID, void cheque, and 3–6 months of business bank statements. Larger deals may require tax returns or financials. Your broker will give you a clear checklist.
Apply for financing
Takes about 2 minutes. A FEM team member or our partner broker will reach out to confirm details.