ENGINE REPAIR FINANCING

No Matter The Asset, No Matter The Structure, We Always Get The Job Done!

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ENGINE REPAIR FINANCING

A breakdown or engine failure can happen at any time. Fortunately, Money in Motion offers engine repair financing for Canadian owner/operators. With offices in Sudbury, Toronto and across Western Canada it has never been easier to finance a major engine repair. In addition to truck equipment leasing, Canadian owner/operators can get the repairs and equipment they need, while also keeping more of their hard-earned money. We operate across Canada with 10 locations placed conveniently for your small or medium business.

WHY BUY NEW? HAVE YOUR ENGINE REPAIRED

At some point or another, every owner/operator will face the decision to either undergo a major engine, transmission repair, equipment overhaul or purchase a whole new unit altogether. By reinvesting in your current setup, you can better maintain your current budget, free up working capital, as well as create a payback schedule that is more in line with your revenue stream.

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TALK WITH MONEY IN MOTION

Having helped thousands of operators with engine repair financing over the years has made Money in Motion a staple of Canada’s transportation economy. Since 1989, we’ve been there for Canadian business owners, helping them to discover new opportunities to grow their business. We will work with you to find the best solution for your company.

To discuss engine repair financing for your local business, call Money in Motion today — or, reach us at one of our regional offices. We are proud to offer a one-stop service experience.

What Is It?

You can lease your equipment for a specific term at specific payments with a determined end value where you intend to acquire the asset for the residual amount.

Is It For You?

The equipment you need to successfully run your business may be very expensive. Leasing is a cost-effective way to deliver a high-quality service to your clients without having to invest your own capital into the machinery.

What Is It?

A sale-leaseback is utilized when you have equity in your equipment but you are short on long-term capital. We will arrange to purchase your equipment from you and lease it back to you over a specific timeframe at predetermined payments. This is very effective when you do not have a proper line of credit with your bank for short-term working capital purposes.

Is It For You?

If you need working capital…you bet

What Is It?

A residual lease is an agreement where we have worked out with you a payment that better matches the revenue stream that the machine will generate and have put a residual at the end of the lease that is close to the wholesale value at that time. This is very popular when a client is more interested in trading up to a new piece of equipment at the time the residual comes due and we will work with them to do so. The residual can also simply be rewritten on a new lease. Many of our leases do require custom tailored payment programs to match the revenue expectations of the machine and we are one of the few leasing companies who understand this process.

Is It For You?

A residual lease lets you conserve your cash flow, manage your budget better and deduct the applicable taxes, as well. If you think this option would help your business, apply now!

Our leases generally range from 24 to 84 month terms.