Do you need to invest in new production equipment, manufacturing software, or management software?
Or do you need financing for equipment and capital assets? Using your working capital is not necessarily the best solution. CAE Drummond’s financing experts can support you in moving your project forward while protecting your company’s financial health.
Equipment and capital assets financing
CAE Drummond: your growth accelerator!
Launching a capital investment project comes with both excitement and challenges. As an entrepreneur, your company’s development is naturally a top priority. To remain competitive, you must carefully manage risk and, above all, make the right decisions at the right time. This is where CAE Drummond’s expertise comes into play.
The purchase of equipment and capital assets represents a significant portion of a company’s assets. That is why we generally recommend medium- and long-term financing solutions. This strategy allows you to preserve your cash flow for your day-to-day operational needs.
Regardless of your situation, our multidisciplinary team can help you conduct an in-depth analysis of your needs, at no cost. By reviewing your business, we will be able to recommend the best financing solution for your capital investment project.
Equipment and capital assets financing program
The equipment and capital assets financing program enables entrepreneurs to acquire production equipment, manufacturing software, or management software. It can also be used for building expansions or purchases, leasehold improvements, or patent registrations. Other types of projects may also be eligible.
Eligible financing amountsequipment and capital assets
- Loans ranging from $10,000 to $300,000
- Financing terms of up to 15 years
- Interest rate based on the risk assessment of the application
Eligible projects
- Equipment acquisition
- Purchase of land and buildings
- Facility expansions and leasehold improvements
- Registration of patents and trademarks
- Purchase of rolling stock and vehicles
- Purchase of specialized software and computer equipment
- And more...
General financing conditions
- The business must be located within the territory served by CAE Drummond.
- Demonstrate profitability and viability over recent years or demonstrate short-term potential.
- Demonstrate the strength and experience of the management team.
- Provide tangible collateral.
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CAE Drummond
Much more than just financing!
Partnering with entrepreneurs is part of our DNA! At any time, you may have questions or simply need to validate certain aspects of managing your business. We are always ready to support entrepreneurs and leverage our network of contacts to help propel your projects forward!