Trusted by More than 2,000,000 Canadians since 2016

Heavy Machinery Financing and Leasing

  • chFinance up to $10 Million
  • chRates from 7% APR
  • chApply online - Get offers from Top Lenders in Canada
up Last updated

June 12, 2025

up Written by:

Amy Orr

up Reviewed by:

Jenna West

The growth of Canada has been phenomenal with tons of development in the works. Canadian construction companies have been ramping up their resources in order to tackle these projects more efficiently and smarter. However, purchasing heavy machinery is always costly and normally requires some financial assistance. The dilemma that concerns many businesses about heavy machinery financing is the length of the entire process. Usually, a company would like to own their new heavy machinery as soon as possible. However, it is not abnormal that providers can take at least a month to execute the process.

At Smarter Loans, we refuse to accept this as the standard and we want to raise the bar. By teaming up with the most reputable heavy machinery loan providers in Canada whom have a history of reasonable application processing times, our customers rest assured that they will have heavy machinery financing in no time at all. Applicants at Smarter Loans will have the added benefit of being able to use our loan directory to link with the best loan providers. The most time consuming part of the application process is hunting for the right provider. Even with access to the Internet, it is still challenging to pull up reliable facts pertaining to certain providers. We have assembled all of the pertinent information that is needed to come to the proper decision. For example, in the list below, you can contrast all of their customer reviews, offerings and interest rates. Smarter Loans applicants can anticipate hauling in their new heavy machinery in no time at all!

Click that “Apply Now” button to proceed with your desired heavy machinery loan provider. Some clients will rather have some guidance throughout this process, so we also have the added option for you to pre-apply at Smarter Loans. Our team will sort through your information and pair you up with the most optimal heavy machinery loan provider in Canada.

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Compare Lenders

AMOUNT
$5,000+
INTEREST RATE
Varies
TERMS
12 - 120 Months
AMOUNT
$15,000 and up
INTEREST RATE
5.5% - 14%
TERMS
12-84 months
AMOUNT
$10K - $1.5M
INTEREST RATE
From 7.99%
TERMS
3 - 24 Months
AMOUNT
$5K - $500K
INTEREST RATE
Varies
TERMS
4 - 12 Months
AMOUNT
$15K - $1M
INTEREST RATE
From 8%
TERMS
3 - 24 Months
AMOUNT
$5K - $500K
INTEREST RATE
From 7.99%
TERMS
6 - 24 Months
AMOUNT
$5K - $50M
INTEREST RATE
From 7%
TERMS
5 - 96 Months
AMOUNT
$2,500 - Unlimited
INTEREST RATE
Starting at 3.9% - 34.9%
TERMS
3 - 240 Months

av
writtenWritten by:

Amy Orr

Amy Orr is a professional writer and editor with over 10 years of experience in the Canadian, U.S. and U.K. financial markets. She has written for numerous publications on topics as diverse as economic literacy, corporate finance, and technical analysis of numerical data. Prior to transitioning to full-time writing, she worked in the hedge fund sector. Her academic background is astrophysics, and she has a Masters in Finance from the University of Edinburgh Business School.

av
writtenReviewed by:

Jenna West

Jenna West is Smarter Loans' in-house financial writer and content director. She has been covering the Canadian FinTech and finance industry since 2017, including financial trends analysis, industry surveys, regulatory updates and changes in Canadian consumer behaviour when it comes to finance.

Awesome G.
04:46 26 Feb 25
I’m very honoured to shear my experience with this illustrious platform. To be able to systematically choose from a list optional to one’s profile without doing much leg work is truly rewarding. This platform allowed to expand my options and chose which lenders fit my profile, thank you and continue doing what you do best,, connecting people to available wealth opportunities.
Pat M.
03:10 26 Feb 25
Good place to get a loan
Chris “Stufphr” H.
02:07 26 Feb 25
When you feel in need of a loan do it smart and make it a Smarter Loans.
Dan Bott (.
01:41 26 Feb 25
Very Helpful, was assisted in a timely fashion and was ultimately able to receive assistance; I highly recommend!!!
joel K.
22:59 25 Feb 25
I have recommended this place to many friends I feel that this company goes out of their way to help people that they can and they are very easy to work with
Nate C.
13:22 27 Oct 24
This company is reliable, quick, and just has the best customer service and rates it is a easy process with quick results. Would definitely recommend to anyone that needs the help.
Vincent J.
07:08 23 Oct 24
Good place for borrowing a bit of money 😁
Kels H.
06:41 23 Oct 24
Personally love this opportunity and app. Super convenient and easy to use and super awesome variety of great loans. Thanks so much guys for making such an awesome site and app and being there for me over the years. :)
Tara H.
16:23 16 Oct 24
From beginning to end, my experience was great! Very professional and personable agents. They only asked questions that were needed for the loan and payments were extremely reasonable. Would recommend to anyone who needs emergency funds.
A S.
19:43 11 Oct 24
“ Thank you SO very much! My situation was tricky and you guys made the whole process so effortless. The way you guys handle the whole process so discreetly. That truly speaks to how well your office is run and the caliber of specialists who handled the processing of my entire loan!”

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