Equipment Financing & Leasing

Maximize working capital with flexible equipment financing and leasing solutions

Modernize your equipment assets while improving your cash flow with customized solutions for your equipment financing needs

Whether you are looking to purchase a single piece of equipment while maintaining cash flow, wanting to upgrade multiple pieces of equipment to keep pace with technology, or seeking financing solutions for your ongoing equipment needs, we can help.

We’ve been providing equipment financing & leasing to businesses since 1979, and our specialists have experience in nearly every industry and every asset class.

Offering financing and leasing solutions that make good business sense and can be customized to meet your varied needs

Equipment Lease Financing

  • Up to 100% financing to free up cash flow
  • Equipment Finance lines are set-up to finance equipment acquired directly from vendors or to effect sale and leaseback transactions
  • Flexible terms such as seasonal payment options, skip payments, fixed and/or variable rates are available
  • CAD and/or USD denominated debt structures are available
  • Sales taxes are paid on the monthly lease payments effectively spreading the taxes over the leasing term 
  • Lease payments are expensed against taxable income

Equipment Loan Financing

  • Up to 100% financing to free up cash flow 
  • Equipment finance lines are set-up to finance equipment acquired directly from vendors or to refinance assets already owned 
  • Flexible terms such as seasonal payment options, skip payments, fixed and/or variable rates are available
  • CAD and/or USD denominated debt structures are available
  • Equipment Loan Financing payments claim Capital Cost Allowance (CCA) and interest as tax deductible expenses

Progress Payments (Project Financing)

  • Provides short-term variable rate interest only financing for progress advances to vendors 
  • Used primarily for:
           1) Vendor payment terms on large equipment acquisitions
           2) Project type financing with vendor payment terms at project milestones
           3) Progress advances for payments to multiple vendors for multiple assets

Let us help you discover what’s best for you. 

Speak to an Equipment Finance & Leasing Specialist today

Douglas Reeve

Director and Group Lead, Central & Eastern Canada

Area covered:
Central & Eastern Canada

40 King Street West, 13th Floor
Toronto, Ontario
M5H 1H1

Email:
doug.reeve@scotiabank.com

Shane Bondy

Director & Group Lead, Western Canada

Area covered:
BC, Yukon, Alberta, Saskatchewan and Manitoba

#750-650 West Georgia Street
Vancouver, British Columbia
V6B 4N8

Email:
Shane.Bondy@scotiabank.com

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As growth-minded Canadian companies pursue ambitious capital expenditure plans, Scotiabank helps them access optimal equipment financing and leasing structures