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

Market Vice President, Central & Eastern Canada Scotia Leasing

Area covered:
Central & Eastern Canada

40 King Street W 13th Floor,
Toronto, Ontario,
M5H3Y2

Email:
doug.reeve@scotiabank.com

Phone:
(416) 918-6283

Shane Bondy

Market Vice President, Western Canada Scotia Leasing

Area covered:
Western Canada

650 West Georgia Street, Suite 750 Suite 750,
Vancouver, British Columbia,
V6B4N8

Email:
Shane.Bondy@scotiabank.com

Phone:
(604) 513-4034

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