Heavy Machinery Loans, Financing and Leasing in Montreal, Quebec

The construction service industry in Montreal is thriving with tons of new projects as of lately. Within the community of construction companies, there has been a massive demand for heavy machinery in order to improve their efficiency. To invest in one for your company or your own personal contracting means, it would cost a ton. That’s why most people turn to heavy machinery financing in order to afford such a cost. However, financing is commonly avoided due to the negative stigma that surrounds it. There have been tons of cases where companies were left waiting for weeks on their application. At Smarter Loans, we find this incredibly frustrating and have worked to remedy this situation. The heavy machinery loan providers at Smarter Loans have taken this into consideration and refined their process in order to process and deliver your funds faster than usual.

We have a dedicated team who commits all their efforts into facilitating a seamless application experience for you.

Below, we have a loan directory in order to help applicants like you connect with dependable heavy machinery loan providers in Montreal. Before moving forward with one of them, we highly suggest you compare their offerings, interest rates and customer reviews. You should be well prepared on who you are dealing with and here at Smarter loans, we’re here to ensure that.

To start applying, just click the “Apply Now” to fill out an application form with a certain provider. Another option to consider is the ability to pre-apply at Smarter Loans instead. A staff member with expertise in this field can help you find the right heavy machinery loan provider in Montreal that suits your goals.

Company
Amount
Interest Rate
Reviews
Terms
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$50,000 - Unlimited
Varies
Varies
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$500 - $35,000
19.99% - 46.96%
9 - 120 Months
$500 - $30,000
19.99% - 39.99%
6 - 120 Months
$2,000 - $10,000
34.9% - 43%
12 - 60 Months
Company
Amount
Interest Rate
Reviews
Terms
$10,000 - $300,000
Starting at 6.99%
4 - 18 Months
$4,000 - $300,000
5.49% - 22.79%
6 - 60 Months
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$5,000 - $150,000
8.99% - 18.99%
3 - 24 Months
$5000 - $500,000
12.99% - 39.99%
6 - 18 Months
$5,000 – $500,000
Starting at 5.9%
3 – 60 Months
Company
Amount
Interest Rate
Reviews
Terms
No Lender found for Payday
Company
Amount
Interest Rate
Reviews
Terms
$3,500 - $49,500
8.99% - 29.5%
12 - 84 Months
$5,000 - $40,000
Starting at 2.9%
12 - 72 Months
Company
Amount
Interest Rate
Reviews
Terms
$10,000 and up
Varies
12 Months
$10,000 - $25,000
Varies
12 - 60 months
Company
Amount
Interest Rate
Reviews
Terms
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$50,000 - Unlimited
Varies
Varies
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$50,000 - Unlimited
Varies
Varies
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$50,000 - Unlimited
Varies
Varies
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$10,000 and up
Varies
12 Months
$500 - $35,000
19.99% - 46.96%
9 - 120 Months
$500 - $30,000
19.99% - 39.99%
6 - 120 Months
$350 - $25,000
Varies
12 - 60 months
Company
Amount
Interest Rate
Reviews
Terms
$350 - $25,000
Varies
12 - 60 months
Company
Amount
Interest Rate
Reviews
Terms
$10,000 and up
Varies
12 Months
$500 - $35,000
19.99% - 46.96%
9 - 120 Months
$500 - $30,000
19.99% - 39.99%
6 - 120 Months
$350 - $25,000
Varies
12 - 60 months
Company
Amount
Interest Rate
Reviews
Terms
$4,000 - $300,000
5.49% - 22.79%
6 - 60 Months
Company
Amount
Interest Rate
Reviews
Terms
$500 - $30,000
19.99% - 39.99%
6 - 120 Months
$2,000 - $10,000
34.9% - 43%
12 - 60 Months
Company
Amount
Interest Rate
Reviews
Terms
$10,000 and up
Varies
12 Months
$500 - $35,000
19.99% - 46.96%
9 - 120 Months
$1,600 - $10,000
7.26% - 29.95%
36 - 60 Months

Montreal Datasheet

  • Based on the most recent independent research, on the average, employment income in Montreal is estimated at $39,700 per month.
  • Average Household Income is $67,800.
  • An average inhabitant of Montreal carries a consumer debt of $28,800.
  • As per the most up-to-date stats, Montreal reports 286,000 registered homeowners .
  • Montreal’s key employment areas are health care and social assistance, management of companies and enterprises, real estate and rental and leasing.
This data was researched in 2019 and uses various information resources, including Canada’s National Statistics Agency, etc., where the information can be as of an older date. The facts above may change as new information becomes available. We do our best to keep the information up to date.

Smarter Loans helps you select the right Heavy Machinery Loan providers in Montreal for all your financing needs.

Browse through our list of Heavy Machinery Loan lenders to find the best Heavy Machinery Loan rates in Montreal

Among Heavy Machinery Loans most frequent use cases are:

  • buying new heavy machinery
  • buying used heavy machinery
  • gaining tax benefits on interest amounts
  • paying lower rates of interest due to their secured nature
  • expanding the business fleet without cashflow hurdles

Different Types of Loans in montreal

Elite Trusted Lenders

These companies are recognized for their excellent service, product offering and financial literacy education for all Canadians.