Funding up to $1,000,000 · Terms from 24 to 72 months · Zero-down options available
Own your equipment from day one with a term loan built around your cash flow.
$2,115/month over 48 months
CBL funds up to $1,000,000
Example only, not a quote. The lease example includes a 10% buyout at the end of the term. Your rate depends on credit, time in business and the equipment.
Continue to applicationThe short answer
Equipment financing is a term loan that lets your business buy equipment and own it from day one, then pay it off on a fixed schedule. It suits owners who want the asset on their balance sheet and plan to keep it for years. We can arrange funding up to $1,000,000, with terms from 24 to 72 months and zero-down options available.
At a glance
CBL Financial is an equipment financing brokerage in Calgary, Alberta, that arranges equipment loans for businesses across Canada. Funding goes up to $1,000,000, terms run 24 to 72 months, and approvals can come the same day for straightforward files.
| What it is | Equipment loans, arranged through a lender network |
|---|---|
| Funding | Up to $1,000,000 |
| Terms | 24 to 72 months |
| Approval time | Same day possible for straightforward files |
| Where | Businesses across Canada, from a head office in Calgary, AB |
| Equipment | Dental equipment, Dump truck, Excavator, Forklift, Gym equipment, Medical imaging, Restaurant equipment, Semi-truck, Skid steer, Trailer |
| Sellers | New or used, from a dealer, auction or private seller |
| Rate and down payment | Set by the lender for each file, based on credit, the asset and its age |
With an equipment loan you own the asset from day one and build equity with every payment. Interest on a business loan is generally a deductible expense, though your accountant should confirm how that applies to you. Pricing for the same equipment and credit file can vary a lot between lenders, which is why putting your application in front of several of them matters.
CBL prepares your file once and puts it in front of the lenders currently looking for your type of deal. You compare real offers on rate, term and structure, and we walk you through the fine print.
Why CBL
The asset is yours. Depreciate it, modify it, or sell it when it suits you.
Some lenders offer seasonal payments, deferred starts and balloon options. We match the structure to how the equipment earns.
Dealer, auction or private sale. The loan follows the equipment you’ve chosen.
If rates or your credit profile improve later, we can look at restructuring through equipment refinancing.
Our partners
Banks, credit unions and specialty lenders across Canada. We match your file to the ones that fit it.
How it works
One short application covers every lender we approach, so you only fill it out once.
Rate, term and structure side by side, with plain-language guidance.
Approvals can come the same day for straightforward files. Once you sign, the seller is paid and the equipment goes to work.
Eligibility
Requirements vary by program. Not sure you qualify? Apply and a person at CBL will review your file.
FAQ
The main difference is what you deduct: with financed equipment you claim CCA and deduct the loan interest, while lease payments are typically deducted as an operating expense. Which works out better depends on your profitability, province and asset class. Your accountant should make the final call.
Leasing usually suits businesses that put cash flow and flexibility first, while a loan suits businesses planning to own the equipment long term. Lease payments are often lower, and end-of-term options let you upgrade or buy. A loan builds equity and lets you depreciate the asset. We can lay out both structures side by side so you can compare real numbers before deciding.
It depends on your credit, time in business and the equipment, and zero-down options are available for qualifying businesses. Newer businesses or challenged credit more often see a first-and-last payment or a larger deposit. Equipment with strong resale value, such as trucks and construction equipment, can help reduce what you put down.
You may still qualify, though challenged credit usually changes the structure of the deal, for example a larger first payment or additional security. As a broker, we can take your file to other lenders when one says no.
Industries
Tractors, implements and grain handling, with payments timed to harvest.
Hoists, diagnostics, paint booths and full shop buildouts.
Aesthetic lasers, med-spa devices and salon or spa buildouts.
IT hardware, POS systems, office equipment and fit-outs.
Excavators, dozers, skid steers and attachments, with seasonal structures.
Harvesters, skidders, processors and log-haul equipment.
Start your application
Apply in one sitting. Approvals can come the same day. Questions? Call 877-522-2498.
Start your application
