Get up to 800 000$

IT Equipment Financing!

Fast & easy business loans…

100% secure process

IT Equipment Financing

Get funding from $5,000 to $800,000 for your business’s IT equipment in just a few business days.

Just click on one of the big blue “Start” buttons to start the application process and get pre-approved in less than a minute.

How does it work?

3 easy steps:

5 minutes

1. Fill out the questionnaire

Answer a couple simple questions about your financing needs thanks to our secure and easy to navigate quiz.

1 business day

2. Choose a financing option

Receive a call from one of our agents to navigate the financing options available to your business.

Same day

3. Get the funds for your business

Once approved and the contract is signed, receive your funds on the same day directly to your bank account.

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How does IT equipment financing work?

Getting funding for your business’s IT equipment is easy, it’s a fixed term loan repaid by predetermined fixed payments until the loan and interest are fully repaid.

What are the eligibility criteria?

Here are the eligibility criteria to qualify for a fixed term business loan:

Annual income: 120 000$

The company has been operating for at least 6 months

No active bankruptcy

The company operates in Canada

Who can lend money to businesses to finance IT equipment?

There are several options for financing computer equipment for a business in Quebec.

Here are a few examples:

Bank loans or private loans: businesses can apply for a bank loan or a private lender to finance the purchase of computer equipment.

Government grants: there are government grant programs to help businesses purchase computer equipment.

Leasing: businesses can rent computer equipment with future purchase options.

What are you waiting for?

Get pre-approved in less than 5 minutes…

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100% secure process

FAQ

What is the interest rate for the business term loan for IT equipment financing?

The interest rates for fixed repayment business loans range from 8% to 29% depending on the financial situation of your business and its owner.

What type of IT equipment can you finance?

We can finance various types of computer equipment such as desktop and laptop computers, servers, screens, printers, software and data storage hardware.

What are the eligibility criteria?

To be eligible for computer equipment financing for your business with us and our partners, you must meet the following criteria: a personal credit score of at least 550, a business credit score of at least 1300, be a Canadian business, have been in operation in Canada for at least 6 months, and not be in active bankruptcy.

What industries are not accepted?

While we offer business loans to over 700 industries, we and our partners cannot provide financing for certain industries considered high risk: firearms suppliers, government agencies, horoscope/divination, adult entertainment, public administration, non-profit organizations, religious organizations, money service businesses and all lottery/casino/gambling related activities.

How does it work?

The application process for a business loan is simple. Click on the “Start” button and answer some quick questions for pre-approval. If you are qualified, one of our representatives will reach out to you to finalize the process with some additional questions.

Example of repayment for a fixed term loan

In the example of a $25,000 loan at a 14% interest rate repayable over 12 months, the monthly payments will be $2,131.29 for a total amount of $25,575.48. The interest on the loan will be $575.48.

You can use the following loan calculator offered by calculator.net to reproduce and view other business loan repayment examples.

Why MicroCapital?

Our 100% Canadian company was created to provide reliable, flexible, and fast financing solutions to Canadian small and medium-sized businesses.

99.2% satisfaction rate

100% Canadian

We finance small and medium-sized businesses in over 700 different industries.

What type of equipment can you finance?

Restaurants

Online businesses

Retail businesses

Profesionnal services

Factories

Tourism

and more than 700 other industries…

Nous aidons les PME québécoises dans divers secteurs grâce à un taux de satisfaction élevé. Avec MicroCapital, vous bénéficiez d’accès à des financements adaptés à votre activité d’entreprise, que ce soit pour une usine, un service pro ou autre type d’entreprise.

Qu’attendez-vous? Cliquez sur le bouton ci-dessous pour commencer.

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