Canada’s Tornado launches financing arm
Commercial truck-maker sold record-high 88 hydrovac trucks in Q4
Canadian hydrovac truck manufacturer Tornado Infrastructure Equipment has created a financing arm following a record-high sales performance in the fourth quarter.
Tornado Equipment Finance will offer flexible financial options to help businesses across Canada acquire Tornado’s hydrovac trucks and infrastructure equipment, according to a Feb. 4 release. By introducing in-house financing, the company aims to enhance customer accessibility while reinforcing long-term partnerships. The initiative is expected to create a steady additional revenue stream and strengthen Tornado’s position as a full-service provider in the infrastructure equipment sector.
“By providing financing, rental and leasing solutions, we are making it easier for our Canadian customers to access our equipment while offering them financial flexibility,” Tornado Chief Executive Brett Newton stated in the release.
The launch of Tornado Equipment Finance comes on the heels of a record-breaking fourth quarter for the truck-maker, with 88 hydrovac trucks manufactured and sold. That brought the total number of hydrovac trucks sold in 2024 to 320, up from 241 in 2023.
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