‍

Equipment Lenders That Accept Broker Submissions

Finding an equipment buyer is only half the job for an independent finance broker.

You also need somewhere appropriate to submit the transaction.

Some equipment lenders originate primarily through their own sales teams. Others actively work with approved brokers, ISOs, equipment dealers and third-party originators. The important part is knowing which channel accepts broker business—and whether your specific borrower, asset, amount and jurisdiction actually fit.

Quick Answer: Equipment brokers can submit deals to approved direct-lender broker programs, leasing companies with third-party origination channels, or an established equipment finance brokerage that handles lender placement. Public examples currently include National Bank Equipment Finance and RCAP Leasing in Canada and Ameris Bank Equipment Finance, TimePayment and Blue Bridge Financial in the U.S. Broker onboarding is generally required before submission.

Which Equipment Lenders Accept Broker Submissions?

There is no universal equipment-lender directory that guarantees every lender is currently onboarding every broker.

Broker relationships change.

A lender may temporarily restrict new broker onboarding, change credit criteria, stop accepting a particular equipment class or require minimum production before establishing a direct relationship.

That means a broker should verify the current program before collecting customer information or representing that a particular lender will review the transaction.

There are, however, several financing companies that currently publish broker channels publicly.

National Bank Equipment Finance in Canada

National Bank Equipment Finance currently operates a dedicated Broker Portal and describes it as a way for brokers to work with National Bank to help Canadian businesses find equipment-financing options. National Bank also operates separate client and dealer portals and provides equipment loans and leases across industries including construction, transportation, healthcare, manufacturing, mining, agriculture and forestry.

This makes it one of the clearest publicly verified institutional equipment-finance broker channels in Canada.

Its public page also notes that products and services can vary by province, so having access to the platform does not mean every transaction is available everywhere.

National Bank Equipment Finance

RCAP Leasing in Canada

RCAP Leasing, a wholly owned subsidiary of RBC, publicly maintains a broker channel.

Its site states that equipment brokers can work with RCAP and describes broker relationships as a key part of its business. Its MyFOLIO platform allows partners to create lease quotes, submit applications and manage transaction information.

RCAP also works with equipment suppliers and covers asset categories ranging from forklifts and office technology to construction, agriculture and transportation equipment.

RCAP Leasing broker and equipment-finance programs

Arbutus Capital in Canada

Arbutus Capital also publicly invites equipment brokers to establish partnerships.

Its broker page positions the company toward more flexible B/C-credit equipment leasing and says files are evaluated individually rather than solely through standardized criteria.

That makes it an example of why brokers need more than one credit lane.

A strong bank-quality transaction and a materially challenged-credit transaction should not automatically be sent to the same financing source.

Arbutus Capital broker program

Canadian brokers who do not yet have enough volume or experience to establish multiple direct relationships can instead use an equipment-finance brokerage or sub-broker channel. Mehmi's Equipment Finance Broker Program Canada explains how that model works. Equipment Finance Broker Program Canada

Which U.S. Equipment Lenders Accept Broker Deals?

The U.S. market also has lenders and leasing companies with formal third-party origination programs.

Ameris Bank Equipment Finance

Ameris Bank Equipment Finance currently publishes a dedicated equipment-financing broker program.

Its public program requires prospective partners to complete a broker agreement. It currently requests a voided check, W-9 and driver's licence as part of broker onboarding, with broker approval required before customer transactions can be funded.

Ameris currently describes its broker program as corporation-only and publishes application-only parameters for qualifying hard- and soft-collateral transactions. These are current provider policies, not universal equipment-finance standards, and can change.

Ameris Bank Equipment Finance broker program

TimePayment

TimePayment currently operates a Third Party Originations broker program for equipment leasing.

Its public broker materials state that approved brokers can submit through its InfoHub platform and that broker API integrations are also available. The company publicly supports both new and used equipment and a broad range of customer credit profiles, subject to exclusions and underwriting.

TimePayment also makes an important distinction that new brokers must complete its onboarding process before operating as authorized brokers.

TimePayment equipment broker program

Blue Bridge Financial

Blue Bridge Financial publicly maintains a broker partnership program focused on business equipment loans.

Its current broker page advertises a dedicated broker portal, real-time application tracking and programs covering multiple equipment categories, including construction, transportation, manufacturing and medical equipment.

It also has a separate new-broker onboarding path.

Blue Bridge Financial broker partnerships

Maxim Commercial Capital

Maxim Commercial Capital publicly accepts broker and dealer relationships for transactions including heavy equipment and trucks.

Its current application page specifically tells brokers and dealers to complete a broker or dealer application before submitting their first loan application.

Maxim Commercial Capital broker application

These companies are examples of publicly verified broker channels as of October 1, 2026. They are not an exhaustive lender list or endorsements, and each provider controls its own current onboarding, credit criteria and geographic availability.

Do You Need a Direct Relationship With Every Equipment Lender?

No.

There are two reasonable ways to build a broker business.

One is to establish direct relationships with individual lenders.

That can become efficient once you understand each lender's credit box and consistently originate enough relevant volume.

The other is to work through an equipment-finance brokerage or sub-broker platform that already manages multiple funding relationships.

The second model can make particular sense when you are new, your volume is still developing or your clients fall into several different risk categories.

Mehmi's guide on how to become an equipment finance broker in Canada explains why building the largest possible lender list should not be a new broker's first priority.

You need to understand why each lender belongs on the list.

How Should You Decide Which Lender Gets the Deal?

Start with the equipment.

A lender comfortable financing a new Class 8 truck may not have the same appetite for a fifteen-year-old CNC machine.

Another might understand medical equipment but avoid highly specialized manufacturing assets.

Another could finance startups but require additional customer equity.

Then consider the borrower.

Look at time in business, cash flow, credit, liquidity, existing equipment payments and current debt.

Next consider the transaction.

Is it a dealer purchase, private sale, auction purchase, refinance or sale-leaseback?

Finally consider the jurisdiction.

A lender being available in Ontario does not prove that the same program is offered in Quebec. A U.S. provider accepting brokers nationally does not eliminate state-specific broker requirements.

A useful rule is:

Choose the lender after understanding the deal, not the deal after choosing the lender.

If you are still learning this process, Mehmi's Equipment Finance Sub-Broker Program Canada guide explains how a second-level placement desk can help with lender matching.

What Does an Equipment Lender Want From a Broker Submission?

Your submission should allow the underwriter to understand the transaction quickly.

The most useful package normally identifies the borrower, equipment, vendor, purchase price, requested structure, reason for purchase and repayment story.

Supporting documentation then depends on the lender and deal.

A smaller application-only transaction might require much less information than a CAD $1 million manufacturing line.

A larger file can require business financial statements, interim results, bank statements, debt schedules and additional ownership information.

Used equipment can require more asset details.

A private sale may require additional ownership verification.

A refinance can require current payout statements.

A startup can require evidence supporting the owner's experience, available cash and projected ability to carry the payment.

Brokers who continually send partial files make themselves harder to work with.

Mehmi's Broker Partner Portal Canada guide explains why a portal is only useful when the information entering it is already organized.

What Should Your Credit Memo Say?

Do not forward twelve attachments without explaining what the lender is supposed to see.

Give the underwriter a short deal narrative.

For example:

A five-year-old Alberta excavation contractor is purchasing a CAD $180,000 used excavator from an established dealer. The company generated approximately CAD $2.4 million of revenue during its latest fiscal year and is replacing a high-hour unit currently requiring frequent repairs. Existing equipment payments total approximately CAD $11,000 monthly. Customer can contribute 15% plus taxes. Vendor quote and current financial statements attached.

That paragraph answers several immediate underwriting questions.

Who is the borrower?

What does it do?

What is being financed?

Why is the equipment needed?

What equity is available?

What does the existing debt load look like?

Contrast that with:

"Need $180k excavator financing ASAP."

The second message creates work for the lender before underwriting has even started.

Mehmi's Start an Equipment Finance Brokerage in Canada guide covers lender-ready intake and packaging in more detail.

Illustrative Example: How a Broker Should Evaluate an Equipment Deal

Assume a Canadian manufacturing business wants to finance CAD $150,000 of production equipment.

This example is for illustration only and is not a Mehmi Financial Group offer or indication of current lender pricing.

Assume the following structure:

• Amount financed: CAD $150,000
• Assumed fixed nominal annual rate: 9.50%, calculated monthly
• Term: 60 months
• Payment frequency: Monthly
• Assumed documentation/origination fee: 1%, or CAD $1,500, paid separately
• Residual or balloon: None
• Excluded: GST/HST or provincial sales taxes, insurance, registration, legal charges, default fees and other possible transaction costs

The estimated monthly principal-and-interest payment is approximately:

CAD $3,150.28

Across 60 payments, estimated scheduled repayment is approximately:

CAD $189,016.75

That represents approximately:

CAD $39,016.75 of scheduled interest.

Including the assumed separate CAD $1,500 fee, the financing cost is approximately:

CAD $40,516.75

before excluded costs.

Now assume the business currently has about CAD $9,000 per month available after ordinary operating expenses and existing debt payments.

The proposed equipment payment would reduce that cushion to approximately:

CAD $5,849.72 per month.

If a slower month leaves only CAD $4,000 before the new payment, the remaining cushion falls to roughly:

CAD $849.72.

A broker should understand that downside scenario before choosing a lender.

An approval is not useful if the payment leaves the client unable to run the business.

Canadian brokers can model other equipment structures with Mehmi's Equipment Financing Calculator. The calculator is denominated in CAD and provides estimates rather than financing approvals or offers.

Should You Submit the Same Equipment Deal to Every Lender?

No.

This is usually poor broker practice.

The goal is not to make five lenders spend time discovering that four of them never wanted the deal.

Pre-screen the transaction first.

A clean bank-quality file should generally go to the most appropriate prime sources before higher-cost alternatives.

A credit-challenged borrower may require a different lane.

A startup should go to providers actually comfortable underwriting startups.

An older private-sale machine requires a lender comfortable with both the asset age and the transaction type.

If one lender declines the transaction, understand why before sending it elsewhere.

A lender saying no because it does not finance equipment older than ten years is different from a lender saying the client's cash flow cannot support the payment.

Mehmi's Broker Co-Brokering Program for Declined Deals guide explains how a file can sometimes be restructured after a decline instead of merely resubmitted unchanged.

What If a Lender Will Not Onboard You Directly?

Use a sub-broker or referral relationship.

A direct lender may prefer established brokers with existing volume, industry experience or completed onboarding.

That does not mean you should misrepresent yourself or submit through another broker without an agreement.

Instead, establish a documented sub-broker, referral or co-broker relationship.

Under that model, you can maintain the originating client relationship while the established brokerage handles some or all of the lender submission, documentation and closing process according to the partner agreement.

If you primarily generate leads rather than package transactions, Mehmi's Equipment Financing Referral Partner Program Canada guide explains the lighter referral model.

Equipment dealers moving toward a more active financing role can instead review Mehmi's Equipment Dealer-to-Finance-Broker Program Canada guide.

Do Equipment Finance Brokers Need a Licence?

Do not rely on one blanket North American answer.

The applicable requirements depend on the jurisdiction, financing product and activities being performed.

For example, an ordinary Canadian equipment-financing transaction secured by movable equipment is not the same regulatory product as a mortgage secured by real property.

In Ontario, FSRA states that businesses dealing or trading in mortgages generally require a mortgage brokerage licence unless an exemption applies.

So if what begins as an equipment request is restructured into a real-estate-secured mortgage, the regulatory analysis changes.

Canadian brokers can review Mehmi's more focused discussion of equipment finance broker licensing in Canada and should obtain legal advice for the actual products and provinces in which they operate.

The U.S. is also state-specific.

California's Department of Financial Protection and Innovation states that the California Financing Law regulates and licenses finance lenders and brokers making and brokering consumer and commercial loans, subject to statutory exceptions.

Being accepted into a lender's broker program does not independently establish that you may lawfully broker every transaction in every state.

What Should You Review Before Signing a Broker Agreement?

Read more than the commission schedule.

Understand which borrower and equipment types the lender accepts.

Review the geographical limits.

Determine who controls customer communication.

Understand whether the lender can solicit your customers after funding.

Ask when compensation becomes earned and when it is paid.

Review potential commission chargebacks.

Determine whether you can add broker compensation to a transaction and how any compensation must be disclosed.

Understand repurchase, fraud, misrepresentation and early-default provisions.

And know what happens if the equipment is never delivered or the vendor transaction falls apart.

A direct relationship is valuable only when you understand the relationship you are signing.

FAQ

Can a new equipment finance broker submit directly to lenders?

Potentially.

Some lender programs publicly accept applications from new broker partners, but onboarding remains subject to the provider's requirements.

Other lenders may prefer established brokers or minimum production. A sub-broker program can provide another route when you do not yet have direct lender relationships.

Do equipment lenders accept broker submissions from Canada?

Yes, some do.

National Bank Equipment Finance currently maintains a broker portal, RCAP Leasing publicly works with equipment brokers, and other Canadian leasing companies publish broker partnership channels. Each provider determines who it onboards and which transactions it accepts.

Which U.S. equipment lenders have broker programs?

Current publicly verified examples include Ameris Bank Equipment Finance, TimePayment and Blue Bridge Financial. Maxim Commercial Capital also publicly requires brokers to complete its broker application before submitting a first loan application.

Can I submit used equipment deals?

Potentially.

Lenders can review the machine's age, condition, hours or mileage, useful life, seller, ownership and collateral value.

Do not assume a lender that finances new equipment uses the same policy for a fifteen-year-old private-sale machine.

Can I submit startup equipment financing?

Potentially.

Startup equipment files typically give the lender less historical company cash flow to analyze. Owner experience, available equity, credit, liquidity, contracts and the equipment itself can therefore become more important.

Availability varies by lender.

Should I have multiple equipment lenders?

Usually, yes, once you understand what each relationship is for.

The objective is not to accumulate dozens of lender logins.

Build a lender panel with distinct credit lanes: strong conventional credit, newer businesses, challenged credit, used equipment, larger transactions and any specialized industries you regularly serve.

Can I submit a deal through another broker?

Yes, through a properly established co-broker or sub-broker relationship.

Agree in writing on customer ownership, responsibilities, confidentiality and compensation before sharing the complete financing file.

When does a broker get paid?

Compensation depends on the lender or broker partner agreement.

Typically, a broker should assume no commission is earned merely because an application was submitted or conditionally approved. Review what must occur for the transaction to count as funded and whether chargeback provisions apply.

Build a Lender Panel Around Deal Types, Not Logos

Knowing which equipment lenders accept broker submissions is useful.

Knowing why you would send a particular deal to each lender is what turns that list into a brokerage.

Your prime lender should have a purpose.

Your used-equipment lender should have a purpose.

Your startup lane should have a purpose.

Your challenged-credit source should have a purpose.

Your sub-broker or co-broker partner should have a purpose.

Then each new opportunity can be screened before submission instead of being sent indiscriminately across the market.

Mehmi Financial Group operates as a commercial financing brokerage and intermediary, not as the direct lender controlling final underwriting, pricing or approval. Its Equipment Finance Broker Program Canada is designed for brokers who want a structured channel for packaging and placing equipment transactions rather than establishing every lender relationship individually.

Brokers wanting a more detailed view of portal workflow can also review Mehmi's Broker Partner Portal Canada guide.

To discuss submitting an equipment financing deal, call Mehmi Financial Group at 833-863-4644 or use the verified Mehmi Financial Group contact page. The current contact page confirms the toll-free number and notes that financing decisions and timing depend on lender review and complete documentation.

Include the financing amount, Canada or United States, state or province, equipment type, new or used status, vendor information, use of the equipment and required timing.

‍