Excavator Equipment Financing in Canada
Soluco offers fast and flexible financing solutions for new and used excavators and excavation equipment in Quebec, New Brunswick and elsewhere in Canada. With partnerships with 25+ lenders across the country, we can provide quick financing and guidance to support you in making the best financing decisions for your business.
Financing for new or used excavation equipment
In the construction, demolition, and excavation industries, the excavator is the cornerstone of productivity. Whether you’re breaking ground on a commercial development or trenching for municipal infrastructure, you need access to powerful, reliable, and up-to-date machinery to meet deadlines and work safely.
The challenge lies in the capital investment. Acquiring an excavator—especially a new, high-spec model—requires a substantial upfront commitment, which can strain working capital and limit a company’s ability to take on new projects.
We’re here to help. With partnerships with 25+ lenders across Canada, our team provides fast and flexible financing solutions. Whether you are an established contractor or a growing small business, we can make it possible to access the machinery you need, when you need it, through equipment leasing. It’s an ideal option for businesses looking to finance an excavator in a way that eventually leads to ownership, without hefty upfront costs.
Types of excavation equipment eligible for leasing
Soluco offers lease financing for a wide range of excavating equipment. Don’t see the equipment you need on our list? Contact our expert advisors for support.
- Hydraulic Excavators
- Crawler Excavators
- Wheeled Excavators
- Long Reach Excavators
- Dragline Excavators
- Backhoes
- Power Shovels
- Suction Excavators (Vacuum Excavators)
- Trenchers (Chain-type and Wheel-type)
- Bulldozers
- Wheel Loaders (Articulated Loaders)
- Front-End Loaders
- Compact Track Loaders
- Scrapers
- Motor Graders
- Compactors / Rollers
- Dump Trucks and Haulers
- Shovels (Power/Hydraulic)
- Mini Loaders (Skid-Steer, CTL)
- Graders
- Etc.
Excavator financing in 3 easy steps
Soluco offers a simple, 3-step leasing process so you can quickly find financing for the excavating equipment you need.
Step 1: Find your excavating equipment
Find the excavation equipment you need for your business from a trusted source such as a private seller or dealer listing.
Step 2: Apply for financing
Fill out an application form to apply for financing or refinancing.
Step 3: Get approved
We approve lease applications in as little as 24 to 48 hours. No waiting weeks or months to access the excavation equipment you need.
Why lease excavator equipment with Soluco?
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Deduct 100% of your lease payments
Your excavator lease payments can be 100% tax-deductible as an operating expense for a business. This can lower your overall tax burden and improve your profitability.
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Fast and flexible service
We offer quick approvals, usually within 24-48 hours. We also offer flexible payment plans, including options that can be tailored to your seasonal excavation equipment needs.
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Protect your working capital
Leasing excavation equipment allows you to acquire the necessary machinery without a large upfront investment. When you finance an excavator with Soluco, your borrowing capacity is unaffected while you make predictable, fixed monthly payments.
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Access to modern equipment
Access the latest technology in hydraulics, fuel efficiency, and safety features, backed by manufacturer warranties, for maximum uptime and long-term productivity. Financing allows you to spread the higher initial cost over the machine’s productive lifespan.
Choose the best method for financing the excavation equipment you need
Soluco provides a full array of financing services to support your business growth.
In addition to equipment leasing solutions, we offer:
- Working capital loans so you can stay competitive and thrive.
- Equipment refinancing solutions to replace current loan or lease terms.
- Invoice factoring services so you can convert outstanding invoices into cash.
- A vendor equipment financing program so we can partner with Canadian businesses to help customers access the equipment they need at the best rates
Find out more about excavation equipment financing with Soluco
- Take a short quiz: Should You Lease or Buy Your Heavy Equipment?
- Learn more about leasing used excavators
- Find out how to choose the right equipment financing brokerage firm
Need more information about our services?
Our team is always available to answer any questions and provide you with the guidance you need. Contact us today and one of our experienced financing brokers will get back to you shortly.