Equipment Financing in Toronto, ON

Equipment Financing in Toronto, ON — Voxen Capital

Voxen Capital arranges equipment financing for businesses in Toronto, Ontario. Typical amounts $25K–$5M, funded in 3–10 business days. Acquire or refinance commercial equipment with the asset itself as collateral.

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About Toronto

Canada's largest commercial market. Dense SMB base across professional services, retail, manufacturing, logistics, and tech.

What is local to Toronto

The City says the Toronto region's food and beverage sector employs more than 64,000 people, over half of them at businesses inside the city, and that bakeries and tortilla makers hold 34.5% of those jobs. Ovens, mixers and packaging lines are typical financed assets: the equipment secures its own financing, so the business keeps its cash and bank line for ingredients and payroll.

The City of Toronto's 2025 Employment Survey, which visits businesses in person each year, counted 74,560 business establishments and 1,623,710 jobs, a net gain of 1,380 establishments over the year.

Commonly used for

Construction, transport, manufacturing
Capacity expansion
Replacing aging equipment without tying up cash

Eligibility in Ontario

6+ months in business (12+ for the most competitive pricing)
Identifiable, sellable equipment (new or used)
Documented quote or invoice from the vendor
Reasonable owner credit (typically 600+)
Down payment may be required for used/specialized assets

Documents required

Vendor quote or invoice (with serial/VIN)
3–6 months of business bank statements
Business registration / articles
Owner ID and basic personal info

Public help for Toronto businesses

Small Business Enterprise Centre, City of Toronto: one-to-one advice, business plan reviews and information on small business funding, at no charge. In person at Scarborough Civic Centre on Mondays and North York Civic Centre on Tuesdays. It does not lend.
Starter Company Plus, City of Toronto: a $5,000 micro-grant with up to 15 hours of training and three months of mentoring, for businesses six months to five years old whose owner has already invested $1,250. Applications are closed.

At a glance

Typical range	$25K–$5M
Speed to funding	3–10 business days
Market	Toronto, Ontario

Sources, checked October 25, 2026

Frequently asked questions

Who qualifies for equipment financing in Toronto?

Equipment Financing in Toronto is typically available to incorporated or registered businesses operating in Ontario with consistent business banking activity. Acquire or refinance commercial equipment with the asset itself as collateral.

What is the typical funding amount and speed?

Typical range is $25K–$5M, funded in 3–10 business days after a complete file. Final amount depends on revenue, time in business, and use of funds.

Is equipment financing regulated differently in Ontario?

In Ontario, lenders record their claim on a business's assets in the Personal Property Security Registration system, run by ServiceOntario under the Personal Property Security Act (PPSA). It can be searched to see what is already registered against a business. It also covers equipment leases longer than one year, even when the lease does not secure a debt. Ontario charges 13% HST on equipment and has no separate provincial sales tax.

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