Startups and emerging businesses
Equipment financing for Canadian startups
Acquire essential commercial equipment while preserving more opening capital for people, premises, inventory, marketing, and the realities of an early-stage business.
Eligible new or used equipment
Financing can be considered for equipment from dealers, vendors, and qualifying private sales.
Lease for as little as $5,000
No preset maximums. Approval depends on the business, equipment, and transaction.
Decisions targeted within 24 hours
For complete applications with the supporting information required by the lender.
Equipment financing for the way you operate
Give a new business a complete, credible equipment file.
Startup equipment financing is assessed case by case. Lease2Grow helps founders connect the equipment request to ownership experience, the business plan, available capital, contracts or revenue evidence, and the asset’s role in generating income, then approaches lenders suited to early-stage transactions.
Eligible equipment
Equipment for launching and building a business
Production and trades
Machinery, tools, fabrication systems, and service equipment.
Hospitality
Commercial kitchens, laundry, furniture, and operating systems.
Health and fitness
Eligible clinic, studio, gym, salon, and wellness equipment.
Office and technology
Computers, servers, furniture, print, telecom, and security systems.
Transport and mobile operations
Eligible commercial vehicles, trailers, upfits, and mobile equipment.
Specialized assets
Industry-specific equipment supported by a clear business use and supplier quote.
Business benefits
Protect the capital needed to get through launch.
Preserve opening cash
Keep more liquidity available for deposits, hiring, inventory, and early operating expenses.
Present the full business case
Combine founder experience, plans, contracts, capital, and equipment use in one organized request.
Finance eligible project costs
Freight, installation, software, and training may be considered with qualifying equipment.
Reach multiple lenders
Explore more than one institutional path without rebuilding the story for every conversation.
Financing paths
Choose a path that reflects the stage of the business.
Lease-to-own financing
Acquire eligible equipment with a documented ownership path, subject to startup underwriting.
Established-owner startup
Use relevant industry and ownership experience to strengthen a new operating company’s file.
Vendor equipment financing
Let vendors refer qualified startup buyers to a team that can organize the financing request.
How it works
Show the lender who is behind the business and how the equipment earns.
01
Define the purchase
Provide the vendor quote, total project cost, delivery timing, and intended use.
02
Introduce the founders
Share ownership, industry experience, investment, business plan, and available contracts or revenue.
03
Review lender fit
The Lease2Grow team identifies partners willing to consider the stage, asset, and full file.
04
Complete conditions
Finalize documentation, security, insurance, deposits or guarantees if required, and delivery.
Frequently asked questions
Questions about equipment financing for startups
Can a pre-revenue startup qualify?
A pre-revenue business may be considered, but approval is not automatic. Founder experience, personal and commercial credit, invested capital, contracts, equipment value, and guarantees can affect the review.
Is a personal guarantee required?
Requirements vary by lender and transaction. New businesses should expect the lender to review the owners and may be asked for personal guarantees or additional support.
Can used equipment be financed for a startup?
Eligible used equipment may be considered when its age, condition, value, seller, and useful life support the request.
What makes a startup application stronger?
A complete quote, realistic plan, relevant owner experience, clear sources of capital, contracts or revenue evidence, and prompt supporting documentation all help a lender assess the request.
Prepare a lender-ready startup file
Start with the equipment and the people behind the plan.
Share the quote, ownership experience, launch timing, and available business information. The Lease2Grow team will explain what lenders are likely to require.
Lease2Grow is affiliated with Affiliated Financial Services. Financing is subject to lender approval, documentation, equipment eligibility, and applicable terms and conditions.