Sale-leaseback, refinancing, consolidation, and working capital solutions — put your existing assets to work without selling what you depend on.
Both get you the equipment. The choice comes down to ownership timing, your situation, and how you want it to sit on your books. Northgate will walk you through both before you decide.
No lengthy intake. No runaround. Tell us what you need and we'll have terms in front of you by tomorrow.
If you own equipment in Alberta, BC, Saskatchewan, or Manitoba, you have capital — it just isn't liquid yet. Northgate, headquartered in Calgary, structures transactions that convert equipment equity into cash flow, reduce your monthly debt burden, or simplify a complex book of financing obligations. Whether you need a cash injection, a lower payment, or both, the solution often starts with what you already own.
Each tool works differently but they share the same goal: putting cash back in your hands using assets you already have.
Sale-Leaseback
Refinance
Consolidation
These solutions are designed for operators who already own equipment and need to optimize their financial position:
A sale-leaseback is a transaction where you sell equipment you already own to a financing company, then lease it back immediately. You receive a lump sum of cash while continuing to use the equipment in your operation. This is one of the fastest ways to free up working capital without taking on a traditional loan or giving up productive capacity.
Yes. If you own equipment outright or have equity built up, Northgate can arrange refinancing to pull cash out or reduce your current payment. This works like a home equity loan but for commercial equipment. Common uses include funding a new purchase, covering a slow season, or consolidating multiple equipment payments into one.
The amount depends on the current market value of the equipment. Lenders typically advance 70–90% of fair market value on a sale-leaseback. Northgate works with multiple lenders to maximize the advance rate and get you the best possible terms. An appraisal or equipment inspection is usually required.
A straightforward sale-leaseback can close in as little as 5 to 10 business days once the application and equipment details are submitted. Northgate manages the process end-to-end — coordinating the appraisal, lender approval, and documentation so you can stay focused on your operation.
Most commercial equipment qualifies — including construction machinery, agricultural equipment, trucks and trailers, forestry equipment, and oilfield service equipment. The equipment must be in good working condition, appropriately titled, and within an acceptable age range for the lender. Northgate assesses each deal individually and will let you know quickly whether your equipment qualifies.
Talk to Northgate — no obligation, no lengthy forms, just a conversation about what you need.
24-hour response · No obligation
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