heavy equipment

About Heavy Equipment Financing

Massy Finance GFC Ltd offers competitive financing packages for the purchase of Trucks, Excavators, Lifts, Backhoe Loaders and other pieces of heavy equipment to satisfy your business needs.

New pieces of Heavy Equipment

  • offered to companies and self-employed individuals
  • Term: For a period between 1 to 6 years.
  • All Equipment Types
  • Up to 90% financing
  • The Security instrument used varies depending on the client’s needs and the value being financed

Used pieces of Heavy Equipment

  • offered to companies and self-employed individuals
  • Term: For a period between 12 and 60 months.
  • Up to 80 % financing
  • The Security instrument used is a Mortgage Bill of Sale or Chattel Mortgage

*subject to normal lending criteria

Loan Application Processes

  1. The customer requests or views information on accessing the loan facility either by calling, visiting a Massy Finance GFC Ltd Location or via the website and an application form can be completed online or at the branch with a Loan Officer.
  2. The customer will then submit the relevant documents to be verified.
  3. The loan application process is completed via an interview with the customer and the application form is signed.
  4. The financial and an other information is analyzed before a decision can be made.
  5. If the loan is approved, the customer is informed and the file is passed for the approval to register the equipment (if applicable) subject to receipt of down payment.
  6. After the equipment is registered, the Loan closing documents are prepared. The customer provides the All Risk machinery insurance to Loan Officer.
  7. The customer can then sign the Agreement and closing documents are looked over to ensure all policies were adhered to.
  8. The Loan Officer presents the cheque to the Dealer and the equipment is delivered


All Retail clients earn Massy Points on the interest portion of the installment paid on time.


  • Job Letter no more than 1 month old
  • Pay slip no more than 1 month old
  • 2 forms of valid picture ID
  • Proof for Address no more than 2 months old



  • Trader’s Registration Certificate
  • Completed Statement of Affairs
  • One year Bank Statement
  • Contracts if applicable
  • 2 forms of valid picture ID
  • Proof of Address no more than 2 months old



  • Company Profile/Details or Background of Operations
  • Company Registration Documents – For Limited Companies:
    • Certificate of Incorporation
    • Certificate of Continuance (if applicable)
    • Notice of Directors
    • Notice of Secretary
    • Notice of Address
    • Latest Annual Return filed by Company
    • Vat Registration Certificate
    • By-Laws (if no By-Laws provide a letter printed on the company’s letterhead stating same)
  • Valid ID’s
    • Two (2) forms of ID for each Director and Secretary or Sole Trading Partner
  • Completed Statement of Affairs for the Main Principal(s) of a Limited Company
  • Financial Accounts for last 3 fiscal years (Audited or Management)
  • Interm Financial Accounts for 6 months OR 6 months Bank Statements
    • (if 6 months from the Financial Year End has elapsed)
  • Business Plan



  • Up to date Aged listing of Receivables and Payables
  • Proof of Trade (for Contractors)
    • Copies of past significant contracts
    • Copies of Ongoing contracts
    • Listing of Expected contracts
      (All including contract dollar values, % completion, contract period)
  • Cash Flow Projections for the next 12 months