What is the difference between a bank loan and a lease? A loan is the borrowing of money, while a lease is term debt used for specific equipment utilized by a business.

• Rates are usually floating based on prime
• Banks generally lend only a portion of the equipment cost (60%-80%)
• Banks will use fees to boost their rates (originating fees, etc.)
• Banks are less flexible than a lease company & will need a full financing package

• Rates are fixed for the term of the lease, allowing customers to budget cash flow
• Is 100% financing (including all soft costs, like shipping & installation)
• Most applications fall under our “application only program“
• We do not require a financing package

SCL Equipment Finance provides equipment financing nationwide and in Canada to businesses from $10,000-$5M. Contact me for a quote on your next equipment/software purchase (new or used)! 

SCL Equipment Finance Unveils New Website

It is a new year and we are excited to announce that we launched our new website! Please make sure to visit us and take advantage of all the resources available the new platform has to offer. We also created a short video to explain the financing process.

Our Newest Programs

Businesses need new equipment and software to grow. SCL Equipment Finance can provide the funding you need for your business.

Our newest program available for businesses is our Step Up Program with the 1st year at 1% financing . Please contact me to discuss the details.

We offer a multitude of financing solutions and programs:

• Equipment financing
  • Application only programs up to $500K – No financials needed
• Working capital
• SBA loans
• Accounts receivable (AR) & purchase order financing

Let us be your single source for all of your business financing needs!

*All programs are subject to credit review and approval. Contact us for details.

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