Heavy Equipment Machine Financing Available

We can finance ANYTHING!

The question of how to pay for a machine is major consideration for your business. 
Should you pay cash? Get a bank loan? Or is leasing your best option?

Apollo Equipment offers financing on machine purchases through our finance partners.

Zero Percent Financing ~ Deferred Payments
90 Days "Same As Cash" ~ Section 179 Tax Advantage
If you are considering leasing, here is some helpful information. Remember you can always reach out to us for assistance should you need it, call us Toll Free at 1-800-982-2844.

  1. 100% Financing – In most cases, when you lease you do not have to make a large cash down payment. Usually, only the first and last month’s payments are required. You can finance the entire cost of the machine including taxes, shipping and equipment setup. With bank financing, you may have to pay for these fees separately.
  2. Leasing Is Simpler Than Bank Financing – The leasing process requires less paperwork and usually lower credit requirements than bank financing. Most leases are approved in 24–48 hours. Bank approval can take weeks.
  3. Saves The Business Line Of Credit – Your business line of credit can remain free for buying supplies, hiring more personnel, or for marketing your business.
  4. Your Business Can Have Up-to-date Equipment – Most leases can be designed so that you can get what your business needs when you need it. 
  5. Pay For The Equipment As You Use It – When you lease, you are paying for it as you get to use it. You don’t have a large cash outlay before you get to receive the benefits from the new equipment.
  6. Tax Advantages – Leasing payments are 100% tax deductible. If you purchase the equipment, the tax benefits will usually not be as great because of depreciation rules.

Frequently Asked Questions

Who can lease?

Any consumer, company, sole proprietorship, partnership, organization or association can apply to lease equipment.

Why should I lease?

There are a number of advantages that make leasing an attractive option for many people.


  • Offers fixed regular payments.
  • Provides financing for 100% of the purchase including equipment and services (i.e. installation, freight).
  • Allows people and businesses to pay for equipment as it is used to generate income.
  • Conserves both working capital and bank lines of credit.

Who owns the equipment?

As the lessor of the goods the leasing company (or its assignor) is the legal owner of the equipment during the lease period.

What is the process for leasing equipment?

Leasing companies first review the credit information provided on the lease application. Upon approval, the lease agreement is prepared.

Is a down payment required?

Generally no, However this is determined by the leasing company.

How are lease payments determined?

The monthly payment is based on the term of the lease, cost of the equipment and the type of leasing plan.

What factors are used to determine credit worthiness?

Credit worthiness is based on a number of factors, some include:

  • Credit bureau rating.
  • Type of business.
  • Length of time in business.
  • Financing conditions.
  • References from financial institutions.
  • Trade references.
  • Bank reference.

Can a lease be cancelled?

Leases generally cannot be cancelled, but the customer can trade-in and upgrade their machine before the expiry of the original lease.

Who should sign the lease agreement?

For a personal lease, the designated lessee and guarantor (if applicable) usually must sign the lease. For a business lease, the lease usually must be signed by an authorized office of the corporation, by one of the partners in a partnership, or by the owner of a sole proprietorship.

Who is responsible for maintaining the equipment?

The buyer is generally responsible for the care and maintenance of the equipment. Always check with your leasing company to determine the responibilities. 

What about insurance?

Leasing usually requires that all equipment be insured. Again, check with your leasing company.

What about tax benefits? How do I account for lease payments?

Although most lease payments are fully tax deductible, you should seek the advice of your accountant to determine the best treatment for tax purposes.

What effect does leasing have on my bank line of credit?

Established bank lines of credit are unaffected and can be better-maintained and utilized for day-to-day operations.