Equipment financing broker · Canadian businesses
Machinery, trucks, commercial vehicles, professional equipment, new or used. I prepare your file the way a bank analyst would read it, then present it to the lenders in my network (more than 10) that fit your project. You fill out one application.
What I finance
My specialty
You keep your cash to run the business. Payments follow the useful life of the equipment.
Accounts receivable
Your clients pay in 60 or 90 days, but payroll goes out every week. We turn your invoices into cash.
See factoring ›Depending on the file
For a specific need: a contract to start, a season to get through, inventory to finance.
See working capital ›Financing examples
The client, a dentist, had a strong file. The problem was the equipment: custom-made furniture is hard to resell, so it is hard to take as collateral. I presented the file to lenders who look first at the business's ability to repay.
+15% in sales
I set up a financing program for this dealer. Its customers can now get a loan on the spot, when they buy their equipment. Result observed after several weeks of offering financing to its B2B customers.
$85,000 over 14 months
Lenders would not take this new-technology equipment as collateral. The solution was a cash flow loan, based on the business rather than on the equipment.
Clients not named. Every file is different and no result is guaranteed in advance.
Why a former commercial account manager
For almost 20 years, I sat on the other side of the desk. When a file didn't fit the boxes, I had no other door to open. Today, I have more than ten.
Frédéric Soares, B.Com., M.Sc. · former commercial account manager · founder of FinalCor
What the lender looks at first
Regular deposits, no NSFs, no late payments.
The lenders we target generally ask for a personal score of about 600 or more.
The more there already is, the better the file needs to be presented.
How it works
A call or the eligibility form: your business, the equipment, the approximate amount.
I tell you exactly which documents to prepare, and I present them the way an analyst wants to read them.
Not to everyone: to those who finance this type of equipment and business.
You receive a concrete proposal. That is when you see whether it suits you.
A 30-minute call is often enough to know which lenders to look at and which documents to prepare. After that, I build and present the file.
Check my eligibilityCalculator
You choose the amount, the term and the rate. It is a calculation tool, not an offer.
Estimated monthly payment
Enter the rate you want to test to see the result.
Check my eligibilityDisclaimer. This calculation uses only the assumptions you entered. It is neither an offer, nor an approval, nor an indication of the rates offered by FinalCor or its partner lenders. Actual terms depend on the business, the equipment and the credit review. Taxes, fees and purchase option not included.
Equipment we finance
Each type of equipment has its own page: what lenders look at, the documents to prepare, new or used. For businesses from a few employees to about 200, across Canada.
Excavators, loaders, graders, job site equipment
Highway tractors, dump trucks, trailers
Vans, service trucks, fleets
Warehouse, logistics, material handling
Machine tools, CNC, manufacturing lines
Medical equipment, custom furniture
Commercial kitchens, refrigeration, fit-out
Laser devices, treatment furniture and equipment
Free guide
The checklist I used as a commercial account manager, so you arrive with a complete file and avoid the back-and-forth.
Get the guide
Frequently asked questions
I can't give you a rate in advance: I work with more than 10 lenders and each one sets its terms based on the business, the equipment and the file. That is the advantage of a broker: you receive a concrete proposal, and that is when you see whether it suits you.
Yes, depending on the age, type and value of the equipment and the lender's criteria.
A credit check may be required. With the lenders currently targeted, a personal score of about 600 is generally required.
It depends on the reason for the refusal. A refusal doesn't mean another solution is automatically possible, but it is worth looking.
It depends on the lender and the file. A complete file from the start avoids back-and-forth, and that is what saves the most time.
You keep your bank. One application lets you compare several lenders instead of depending on a single institution and a single credit policy.
Tell me what you want to buy. I will tell you honestly what is realistic and which documents to prepare.
