Lower Payments, Maximum Flexibility
Equipment Leasing
Access the equipment you need without the burden of ownership.
KL Leasing's equipment leasing programs give Canadian businesses access to the latest equipment with lower monthly payments and maximum flexibility. Preserve your capital, maintain tax advantages, and upgrade equipment at the end of your term.
Lower
Monthly Payments
100%
Tax Deductible
24–60
Month Terms
48hr
Approval Time
Overview
What is Equipment Leasing?
Equipment leasing allows your business to use equipment for a fixed term by making regular monthly payments — without taking on the full cost of ownership upfront. At the end of the lease term, you typically have the option to purchase the equipment at fair market value, renew the lease, or upgrade to newer equipment. Leasing is particularly advantageous for businesses that need to stay current with technology, want to preserve working capital, or prefer to treat equipment costs as a fully deductible operating expense. KL Leasing structures lease agreements around your specific cash flow needs.
Key Benefits:
Lower monthly payments compared to financing — preserve cash flow
100% of lease payments are tax-deductible as a business expense
Option to purchase, renew, or upgrade at end of term
No large upfront capital outlay required
Stay current with the latest equipment and technology
Off-balance-sheet financing improves financial ratios
Predictable fixed monthly payments for easy budgeting
Flexible end-of-term options tailored to your business
Ideal For:
Businesses that need to stay current with technology
Companies wanting to preserve working capital
Businesses with seasonal or variable cash flow
Startups and newer businesses with limited capital
Companies that prefer operating expense over capital expense
Businesses that upgrade equipment frequently
The Process
How Equipment Leasing Works
Choose Your Equipment
Select the equipment you need from any vendor. We work with all suppliers and dealers across Canada.
Apply & Get Approved
Submit your application with basic business documents. Receive approval within 24-48 hours.
Sign Lease Agreement
Review and sign your lease agreement. We pay the vendor directly — no money changes hands through you.
Use & Upgrade
Use the equipment for your lease term. At the end, choose to buy, renew, or upgrade to newer equipment.
Common Questions