Get the Equipment You Need While Keeping Your Cash on Hand
From tractors to computer systems, aircraft to furniture, we offer up to 100% financing for the equipment your business needs to succeed.
An Equipment Leasing Loan Is Commonly Used For:
- Purchasing a single, large asset
- Financing ongoing equipment needs
- Maintaining or repairing equipment to keep pace with market needs
- Receive up to 100% financing for the cost of the equipment you use in your business, including taxes and installation
- Get a customized solution to fit your company’s specific equipment needs
- Lease payments are tax deductible
What Else Do You Need to Know?
For multiple equipment purchases, the Equipment PurchaseLine might be appropriate for you.
- Works like an operating line of credit with a preset dollar value
- Enables you to acquire equipment quickly when you need it the most
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Stay on top of the day-to-day financial needs of your business.
The calculations and amortization schedule produced are: (i) based on the accuracy and completeness of the data you have entered, (ii) based on assumptions that are believed to be reasonable, and (iii) for estimation purposes only and should not be relied upon for specific financial or other advice. When you make your credit application, interest rates may have changed or may be different due to information contained in your application.
Royal Bank of Canada does not make any express or implied warranties or representations with respect to any information or calculations in connection with this business loan calculator. Royal Bank of Canada will not be liable for any losses or damages arising from any errors or omissions in any information or calculations, or any action or decision made by you in reliance on any information or calculations.