Define the equipment package
Identify the machine, required options and intended installation date. Ask which delivery, installation, tooling or accessory costs are included in the equipment quotation.
Explore financing for Rise Tek CNC press brakes, fiber laser cutting machines, plate rolls and other fabrication equipment. Start with a machine quotation, then discuss available options through our Canadian financing partners. Approval and final terms depend on the lender and your application.
Start with the equipment you intend to buy and your business location. Rise Tek can prepare the machine quotation for a discussion with a financing partner; the lender determines eligibility, approval and terms.
Identify the machine, required options and intended installation date. Ask which delivery, installation, tooling or accessory costs are included in the equipment quotation.
Provide your business name, province, time in operation and a contact person for the initial enquiry. The financing partner can then explain its application process and required documents.
Ask the lender about the deposit, payment schedule, interest or financing charges, fees, end-of-term obligations and early payout conditions. Review the complete offer rather than comparing the monthly payment alone.
Paying cash upfront for a $200K+ machine ties up money you could invest elsewhere. Equipment financing lets you put that capital to work — on inventory, payroll, and growth.
Spread the cost over months instead of paying a large lump sum upfront. Keep your operating capital available for materials, labour, and day-to-day expenses.
Unlike renting, equipment financing means the machine is yours — building equity and asset value on your balance sheet from the moment it's installed.
Financed equipment may qualify for CCA (Capital Cost Allowance) deductions in Canada. Consult your accountant — monthly payments may also be fully deductible as business expenses.
Most of our financing partner decisions come back within 24–48 hours. No lengthy wait — get your machine ordered and installed quickly so you can start generating revenue.
Four straightforward steps from quote to machine running in your shop.
Tell us which machine you're interested in. Our sales team builds you a detailed equipment quote with pricing, specs, and lead time.
We connect you with the right financing partner for your situation. A short application is all it takes — no lengthy paperwork.
Most approvals come back within 24–48 hours. Rates and terms are based on your credit profile and financing amount.
Once approved, your machine is ordered, shipped, and installed by our certified technicians. Start producing on day one.
We've established partnerships with leading Canadian equipment financing institutions that specialize in industrial and manufacturing machinery. Because they understand the residual value of the assets we sell, they're able to structure competitive deals that generalist lenders can't match. Rates are based on creditworthiness — the stronger your credit profile, the better the rate we can secure for you.
Partners who fund industrial machinery exclusively — they know exactly what your machine is worth as collateral, resulting in better terms for you.
Financing structured under Canadian business credit rules — GST/HST-friendly payment structures, CCA-eligible assets, and familiar regulatory frameworks.
Our partner relationships mean your application moves to the front of the queue. Most decisions in 24–48 hours, not weeks.
Whether you're a growing fabrication shop buying your first laser or an established manufacturer expanding capacity, our financing partners have programs for a wide range of business profiles.
Key terms and parameters for equipment financing through our partner network. Final terms depend on your credit and the financing structure chosen.
All rates and terms are subject to credit approval and may vary. Contact us to discuss your specific situation.
There's no fixed minimum, but stronger credit profiles (both personal and business) unlock lower rates and better terms. Our partners assess the full picture — years in business, revenue, and asset quality all factor in.
Most applications receive a credit decision within 24–48 business hours. Larger transactions or complex credit profiles may take slightly longer. Once approved, funds are typically released within a few business days.
Any new machine sold by Rise Tek Machinery is eligible — fiber laser cutting machines, CNC press brakes, plate rolls, angle rolls, laser welding machines, metal sanding machines, and automation systems.
Startups are assessed case by case. A strong personal credit score, business plan, and down payment can improve the chances of approval. Contact our team and we'll explore what options are available for your situation.
No — there is no application fee charged by Rise Tek Machinery. Some financing partners may have documentation or administration fees; these will be disclosed clearly before you commit to anything.
Early payout terms depend on the specific lender and structure. Many equipment loans allow early payoff with a modest prepayment fee, while some have no penalty. Your financing partner will outline this clearly in the agreement.
Rates vary by credit profile, term length, and market conditions. Our goal is to secure the lowest rate available for your situation through our partner network. Rates are disclosed in full before you sign anything — no surprises.
Down payment requirements vary by lender and your credit profile. In some cases 100% financing is available for well-qualified applicants. A larger down payment can help secure a lower rate or better terms.
Request a quote for any Rise Tek machine and let our team know you're interested in financing. We'll connect you with the right partner and work to get you the best rate your credit profile qualifies for.
Rise Tek Machinery facilitates introductions to third-party financing partners only. All financing is subject to credit approval at the sole discretion of the lending institution. Rates and terms may vary and are not guaranteed.