FINANCING EQUIPMENT IN 5 BUSINESS DAYS? HERE'S HOW

DEROTTO Leasing
3 days ago
2 min read

We're Already Halfway Through 2026!

The team at DEROTTO Leasing hopes you've had a strong start to the year and are gearing up for a successful second half of 2026.

This time of year, many business owners begin evaluating upcoming equipment purchases and planning for growth. That's why we wanted to take a moment to remind you how DEROTTO can help.

So, What Does DEROTTO Actually Do?

We still hear this question regularly, and the simplest answer is:

We're like a mortgage broker, but for equipment financing.

Instead of approaching one bank and hoping for the best, DEROTTO works with 40+ banks, credit unions, and private lenders to find the best financing solution for your business.

Whether you're purchasing equipment from a dealer, auction, or private seller, we help connect you with lenders that understand your industry and equipment needs.

Used Equipment Financing Is Our Specialty

Did you know that approximately 80% of the equipment we finance is used equipment?

That includes:

✅ Dealer purchases

✅ Auction purchases

✅ Private sales

Many traditional banks are reluctant to finance used equipment, but DEROTTO has partnered with lenders that specialize in this space and can often provide competitive bank-level rates.

How the Financing Process Works

1️⃣ Find the Equipment

Send us a vendor quote, auction listing, Kijiji ad, or any equipment you're considering.

2️⃣ Complete a Simple Application

In many cases, all we need is a one-page commercial credit application.

3️⃣ We Shop the Market

We prepare a customized submission and present it to the lender best suited to your business and equipment purchase.

4️⃣ Review Your Approval Options

Once approved, we'll walk you through the available financing options and answer any questions.

5️⃣ Insurance Confirmation

Before funding, lenders require insurance coverage on the equipment.

6️⃣ Funding & Payment

After the lease documents, insurance confirmation, and invoices are complete, the lender releases funds directly to the seller.

How Long Does It Take?

Most lease transactions can be completed in approximately 5 business days.

Our team works quickly to keep things moving, although timelines can occasionally depend on sellers, vendors, insurance providers, and lenders.

Important Note for Private Sales

When financing equipment through a private sale, lenders will conduct a PPSA search to ensure there are no outstanding liens registered against the equipment.

This protects both the buyer and the lender.