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
Key Benefits
- 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
Contact an Equipment Finance Specialist today:
Location | Phone number |
---|---|
Ontario | 1-800-301-43541-800-301-4354 |
Quebec and Atlantic Provinces | 1-800-301-43541-800-301-4354 |
Western Provinces | 1-800-301-43541-800-301-4354 |
For information about your existing lease, please contact the Equipment Finance Service Centre (EFSC):
Phone: 1-800-301-43541-800-301-4354
Email: EFSCSERVICE@RBC.com
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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.