Equipment Leasing Canada — Finance Any Business Asset, $10K to $5M

Equipment leasing Canada businesses rely on — matched to the right lender. CBLE is a commercial finance broker, not a lender. We package your application and source competitive lease terms from 30+ banks, credit unions, and specialty equipment lenders, so you keep your capital and your equipment working from day one.

Get Pre-Qualified →
30+ lenders in our network
$10K–$5M available
24 hrs to pre-qualification
All asset types considered
All credit scores considered
Our process

How Equipment Leasing Works With CBLE

Three steps from application to funded. We do the lender work — you get the equipment.

1

Submit Your Details

Tell us what equipment you need, the approximate cost, and your business basics. Takes under 3 minutes.

2

We Match You to a Lender

CBLE packages your application and presents it to the lenders in our network most likely to approve your specific asset type and profile — not a shotgun approach.

3

Equipment Funded

Once approved, the lender pays the vendor directly. You make fixed monthly payments and your equipment is working immediately.

Lease types explained

Operating Lease vs. Capital Lease — Which One Fits?

Both structures let you use equipment without paying full purchase price upfront. The difference is what happens at the end of the term and how it sits on your books.

Operating Lease Most popularCapital Lease
Also known asTrue lease / fair market value leaseFinance lease / $1 buyout lease
Ownership at endReturn, extend, or buy at fair market valueOwnership transfers to you ($1 buyout or pre-set price)
Monthly paymentsLower — you're paying for use, not ownershipHigher — payments build toward full ownership
Balance sheetOff-balance-sheet (in most cases)On-balance-sheet as asset + liability
Tax treatmentFull payment typically deductible as operating expenseDepreciation + interest portion deductible
Best forTechnology, vehicles, equipment you'll upgrade in 3–5 yearsEquipment you intend to keep long-term
Term24–60 months typical24–84 months typical

Not sure which structure suits your situation? Submit your details below — we'll recommend the right structure when we match you to lenders.

Auction financing

Buying at Auction? Get Pre-Approved Before You Bid

Equipment auctions move fast. CBLE arranges pre-approved lease financing so you can bid with confidence and pay the vendor directly on close — no scrambling for funds after the hammer falls.

  • 1

    Submit your auction details

    Tell us the auction platform, asset type, and your maximum bid amount. We start the approval process before the sale date.

  • 2

    Pre-approval issued

    CBLE packages your application and matches you to a lender who funds auction purchases. Pre-approval is typically issued within 7–10 business days for amounts over $100K, depending on your credit and financials.

  • 3

    Bid with a confirmed budget

    Walk into the sale knowing your ceiling. Once you win, the lender pays the auction house directly. You take delivery and begin your lease payments.

Auction platforms we work with

  • Richie Bros. Auctioneers
  • IronPlanet
  • Sandhills Global (Machinery Trader, TruckPaper)
  • GOVPlanet
  • Other platforms on request

Typical pre-approval timeline: 7–10 business days for amounts over $100K. Allow sufficient lead time before your auction date. Contact us early — we cannot rush lender underwriting.

Start Your Pre-Approval →

No obligation. Tell us your auction date and asset type — we'll confirm whether pre-approval is achievable in time.

No cost, no obligation

Get Pre-Qualified in 2 Minutes

Fill in the short form below and Stuart will review your file and call you within one business day.

No obligation. Completely confidential.

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Common questions

Equipment Leasing Canada — FAQs

Most business-use assets qualify: construction and heavy equipment, transportation and commercial vehicles, medical and dental equipment, manufacturing machinery, restaurant and food service equipment, IT hardware and technology, agricultural equipment, and office furniture and fixtures. If the equipment is used to generate revenue, there is likely a lease structure available. CBLE works with specialty lenders who focus on specific asset categories.
An operating lease (also called a true lease or fair market value lease) lets you use equipment for a set term and return, extend, or buy it at fair market value at the end. Payments are lower and typically fully deductible as an operating expense. A capital lease (also called a finance lease or $1 buyout lease) is structured so ownership transfers to you at the end of the term. Payments are higher but you build equity in the asset. CBLE will recommend the right structure based on your accounting needs and how long you plan to use the equipment.
Yes. CBLE works with alternative lenders who consider all credit profiles, including business owners who have been declined by banks. Approval decisions for equipment leasing often weight the value of the asset and the cash flow of the business more heavily than credit score alone. Secured leases — where the equipment itself is collateral — are more accessible for lower credit scores than unsecured working capital loans.
For transactions under $100,000, approval can often be completed in 24 to 72 hours once CBLE has your application and supporting documents. For larger transactions ($100K to $5M), underwriting typically takes 5 to 10 business days depending on the lender, asset type, and your financials. Auction pre-approvals require lead time — contact CBLE at least 10 business days before your auction date.
No. CBLE is a commercial finance broker, not a lender. We package your equipment lease application and present it to the lenders in our network — 30+ banks, credit unions, and specialty equipment lenders — who compete to offer you terms. This means you get broader access to the market without having to approach each lender individually.

Ready to find out what you qualify for? It takes 2 minutes.

Get Pre-Qualified →

No obligation. Completely confidential.