Question 1

How do I get started?

Accepted Answer

It starts with a conversation. Tell us about your business and the equipment you're looking at — it takes about 3 minutes. No impact to credit to get started, and no commitment required.

Question 2

Is there a minimum time in business requirement?

Accepted Answer

No minimum. We work with businesses from day one of incorporation. The options available depend on your business stage, but we have solutions for new and established businesses alike.

Question 3

What types of businesses do you work with?

Accepted Answer

We specialize in Western Canadian businesses across all industries — construction, transportation, agriculture, oilfield, manufacturing, healthcare, professional services, technology, and more. If you're a business that needs equipment, we can likely help.

Question 4

Do I need to use the equipment in Canada?

Accepted Answer

Our programs primarily serve businesses operating in Western Canada. Equipment must be used for business purposes within Canada. Talk to us if your situation involves cross-border equipment use.

Question 5

Do you look at the whole business or just a credit score?

Accepted Answer

We look at the whole business: your goals, your contracts, your momentum, and your plans, not just a single number. All credit ratings are welcome to apply. A credit score is one part of the picture, not the whole story. Traditional lenders ask what happened. We ask where you're going.

Question 6

Can I apply after a major financial setback?

Accepted Answer

Yes. These situations are reviewed case by case. Recency, current business health, and the equipment type are all factors we consider as part of the full picture.

Question 7

Will getting started affect my credit score?

Accepted Answer

An initial conversation to understand your situation has no impact to credit. We discuss your options before any formal credit submissions that may show on your bureau.

Question 8

Do you require a personal guarantee?

Accepted Answer

For many small business applications — especially new businesses — a personal guarantee from the business owner is standard. We will explain exactly what is required before you commit.

Question 9

What types of equipment can I finance?

Accepted Answer

Almost any business-use equipment — vehicles, trailers, heavy machinery, agricultural equipment, manufacturing equipment, medical devices, technology, and more. If it's used in your business, there's likely a financing solution.

Question 10

Can I finance used equipment?

Accepted Answer

Yes. New, used, and refurbished equipment all qualify. The equipment's age, condition, and market value factor into the program available.

Question 11

What size transactions do you handle?

Accepted Answer

We finance everything from small purchases to large fleets. The right structure depends on the equipment and your business — we'll talk through what fits.

Question 12

Can I finance equipment from a private seller or auction?

Accepted Answer

Yes. We specialize in private sale and auction financing. Reach out before bidding so you can act quickly when you win.

Question 13

What can I expect in terms of structure?

Accepted Answer

We structure solutions around your business — your cash flow, your goals, and the equipment itself. Terms are always transparent before you commit, with no surprises.

Question 14

What term lengths are available?

Accepted Answer

Most programs offer a range of term lengths to align with your cash flow and the equipment’s useful life. We’ll walk you through what fits your business.

Question 15

Can I make a lump-sum payment or pay off early?

Accepted Answer

Early buyout options vary by lender and program. Many agreements allow early buyout, sometimes with a modest fee. This is always disclosed upfront.

Question 16

Are there any fees?

Accepted Answer

Some lenders charge documentation or origination fees. We disclose all fees before you sign — there are no hidden costs at LeaseVantage.

Straight Answers To The Questions We Hear Most.

Getting Started

Credit & Qualification

Equipment & Financing

Rates & Terms

Still have questions?

Start The Conversation

Understanding Your Business

Structuring The Solution

Funding