EQUIPMENT REFINANCING • CANADA
Equipment refinancing that turns equity into working capital.
Refinance eligible commercial equipment you already own to release capital for the next operational priority without selling the asset your business relies on.
Assets you ownValue already on the balance sheet
Business useCapital for defined operating priorities
Broker-ledMulti-lender review through AFS
A PRACTICAL CAPITAL TOOL
What equipment refinancing means
Equipment refinancing is a commercial financing transaction in which a Canadian business uses eligible equipment it already owns as security for new financing. The amount available depends on the equipment’s value, condition, ownership status, and the business’s credit profile. The business keeps using the equipment while repaying the new obligation under the agreed terms.
WHERE THE CAPITAL CAN HELP
Unlock value for a defined business purpose.
Bridge a timing gap
Support payroll, inventory, deposits, or supplier commitments while waiting for receivables or seasonal revenue.
Fund the next asset
Use available capital toward another equipment purchase, installation, or operational upgrade.
Support expansion
Create liquidity for hiring, a new location, added capacity, or a time-sensitive contract.
Restructure obligations
Explore whether existing equipment debt can be reorganized into a structure better aligned with current cash flow.
WHAT LENDERS REVIEW
The equipment matters. So does the story around it.
Asset value and marketability
Equipment type, age, condition, serial information, current use, and supportable market value.
Clear ownership position
Proof of ownership and details of any existing liens, loans, or payout requirements attached to the equipment.
Business capacity and purpose
Operating history, financial profile, requested amount, and a credible plan for how the released capital will be used.
THE PROCESS
From equipment list to financing decision.
01
Identify the assets
Share an equipment list with descriptions, year, condition, location, ownership, and any current financing.
02
Establish supportable value
The Lease2Grow team gathers the information lenders need to assess the equipment and the amount it may support.
03
Package the request
The business purpose, repayment capacity, and asset details are presented through the AFS partner network.
04
Review the structure
Compare the amount, payment, term, security, conditions, and total transaction before proceeding.
COMMON QUESTIONS
Equipment refinancing, without the fog.
Can I keep using the equipment after refinancing it?
Generally, yes. The purpose is to release capital while the business continues operating the equipment, subject to the new financing agreement and its insurance, maintenance, and security requirements.
Does the equipment need to be paid off?
Not always. Existing balances may sometimes be paid out as part of a new transaction, but the available equity and lender requirements determine whether refinancing is practical.
How much can my business receive?
The amount depends on supportable equipment value, existing liens, the requested structure, and the business’s overall credit profile. An equipment list is the starting point, not a guarantee of proceeds.
What information should I prepare?
Prepare ownership documents, equipment descriptions and serial numbers, photos or appraisals if available, current payout statements, business information, and a clear explanation of the intended use of funds.
PUT EXISTING VALUE TO WORK
Start with an equipment list and a clear objective.
A member of the Lease2Grow team can quickly tell you what information is needed to determine whether refinancing is worth pursuing.
Lease2Grow.com is an affiliated leasing broker of Affiliated Financial Services, providing personalized and prompt service for commercial equipment financing and leasing.