You would like to... Acquire equipment

As such, it will also have an impact on its financial structure. Whatever your objectives in acquiring equipment, it's essential to evaluate a multitude of aspects. First and foremost, you need to identify your company's needs, so you can choose the equipment that will best meet them. Of course, you also need to assess the possibilities and costs involved.

Among the costs you'll need to consider are those relating to warranties on the equipment to be purchased, as well as start-up costs such as transport and installation costs, if applicable. There may also be training costs. Last but not least, don't forget transaction taxes.

This estimate enables you to assess the financial impact of this purchase on your company and to ask yourself a number of questions, such as: 

• Should I buy new or used equipment?
• Should I rent or buy the equipment?
• Is there any possibility of advantageous financing or subsidies from Canada Economic Development or other sources?
• Can my company receive government assistance for implementation training?
• Is there an improvement in the environmental footprint of my company, and can I benefit from government aid to make this shift?
• Do I need to hire new employees?
• Can I benefit from investment tax credits for this equipment acquisition project?

Depending on the project, many other questions may also arise. Some of these are easy to answer, but others are more difficult. 

In addition to helping you answer these questions, our SADC experts can help you carry out a true cost/benefit analysis of your equipment acquisition project. What's more, an analysis of your long-term needs and the determination of an appropriate financial strategy for your company could be developed at the same time.

See the list of financial products on the right. They will meet your specific financing needs for the acquisition of production equipment. Don't hesitate to apply to SADC for financing without delay. We'll be happy to support you as you think about your project and bring it to fruition.