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Can Heavy Equipment Be Financed for 84 Months

Can Heavy Equipment Be Financed for 84 Months?

Running a construction or logistics business in Ontario, California, often means relying on expensive heavy equipment to get work done. However, buying this equipment outright can quickly drain your cash flow and limit your ability to invest in other parts of your business.

 

The good news is that long-term financing options, like 84-month heavy equipment financing in Ontario, can make equipment ownership much easier. If you’re just getting started and want to understand the process step-by-step, check out our guide – How to Finance Heavy Equipment in Ontario, California?

Why Choose 84-Month Heavy Equipment Financing?

Choosing an 84-month financing term gives your business more room to grow. Instead of making large monthly payments, you can spread the cost over seven years. This means more cash stays in your business for things like hiring staff, handling maintenance, or expanding operations.

Plus, longer financing terms make it easier to upgrade to new and efficient equipment when needed. As a result, your business stays competitive and ready for future opportunities.

Key Advantages of Long-Term Financing

When compared to short-term financing, a long-term plan offers several benefits beyond just lower payments:

  • More Financial Flexibility: Smaller payments free up money for daily operations and emergencies.
  • Easier Budget Planning: Predictable monthly payments make it simple to plan ahead.
  • Better Equipment Access: Even small and mid-sized businesses can afford modern equipment without big upfront costs.
  • Builds Business Credit: Regular, on-time payments help improve your company’s credit profile.

In short, 84-month heavy equipment financing in Ontario helps your business stay financially strong and ready for growth.

Who Qualifies for 84-Month Equipment Financing?

Not every business automatically qualifies for long-term financing. Lenders – especially a construction equipment finance company – look at a few key factors before approval, such as:

  • Business History: Established companies with steady income have a better chance.
  • Credit Score: A good credit history helps you get better terms and rates.
  • Equipment Type: New or high-value equipment usually qualifies for longer terms.
  • Down Payment or Collateral: A larger down payment can improve your loan offer.

 

Even if your business is new, Lewis Capital offers flexible programs for startups and seasonal companies — so you don’t miss out on growth opportunities.

How Long-Term Financing Impacts Your Business

While 84-month financing lowers your monthly costs, it also means paying interest for a longer time. That’s why it’s important to choose a construction equipment finance company with fair rates and transparent terms.

 

Still, the benefits usually outweigh the costs. Long-term financing gives you time to use your equipment effectively, generate revenue, and reinvest profits back into your business.

Choosing the Right Financing Partner

To make the most of your financing, work with a trusted lender who understands your industry. A good construction equipment finance company in Ontario should:

  • Offer clear terms and no hidden fees
  • Approve applications quickly
  • Customize repayment plans that fit your cash flow
  • Provide personal, reliable service

When you choose Lewis Capital, you get a financing partner that helps your business move forward — not hold it back.

Long-Term Equipment Financing Made Easy

Yes, heavy equipment can be financed for up to 84 months. This flexible option helps Ontario business owners handle big investments with ease. With smaller monthly payments and steady cash flow, your company can keep growing and stay competitive.

If you’re ready to explore your options, contact Lewis Capital — a trusted construction equipment finance company serving businesses across Ontario. We specialize in heavy equipment financing in Ontario, helping you get the right equipment with the right plan for long-term success.

FAQs – Heavy Equipment Financing in Ontario

Q1: Can I really finance heavy equipment for 84 months in Ontario?

Yes! Many Ontario businesses can finance equipment for up to 84 months. Lewis Capital makes heavy equipment financing in Ontario simple, flexible, and affordable for your business needs.

You can finance almost any type of machinery — from excavators and bulldozers to trucks and cranes. Lewis Capital, a trusted construction equipment finance company, offers financing for both new and used equipment.

Businesses with steady revenue, good credit, or strong collateral usually qualify. However, Lewis Capital also offers flexible programs for new or growing companies in Ontario.

 If you plan to use your equipment for several years, financing is often a better option because you build ownership. Lewis Capital, a leading construction equipment finance company, can help you decide what’s best for your situation.

It helps you maintain steady cash flow by lowering monthly payments. With Lewis Capital’s heavy equipment financing in Ontario, you can manage costs and invest in other areas of your business.

Lenders usually ask for business financial statements, tax returns, and credit information. In addition, Lewis Capital helps prepare all necessary documents, ensuring a smooth and efficient approval process.

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