Typical equipment finance rates for machines in Canada are between 6% and 9% depending on credit strength. In the USA you can expect somewhere between 8% and 10%.

Machines that are 1999 and older usually are approved with a maximum finance term of 2 to 3 years. For 2005 to 2006 you should expect something like a 3 to 4 year term. Equipment 2007 and newer will commonly see 5 to 6 year terms.