Does Mormak Equipment Offer Financing and Equipment Rentals?
Updated
Yes. Mormak Equipment offers both financing and equipment rentals for aggregate operations. According to the company's website, "Mormak Finance is available for all your financing inquiries," and Mormak maintains "a full compliment of rental equipment available for your needs." Both options are listed among Mormak's core services alongside new and used equipment sales, parts, and service. Specific rates, terms, and rental availability are not published on the site, so you would need to contact Mormak directly to confirm details for your project.
Financing Through Mormak Finance
Mormak Finance is the company's financing channel for equipment purchases. The website states it is available for "all your financing inquiries," which suggests it can be used across the equipment Mormak sells rather than being tied to a single product line.
What the site does not specify:
- Interest rates, loan terms, or down payment requirements
- Whether financing covers new equipment, used equipment, rentals, or all three
- Credit or approval conditions
If you are evaluating a purchase, treat Mormak Finance as an entry point for a financing conversation rather than a published rate sheet. Ask for a written quote that includes the equipment price, financing terms, and total cost so you can compare it against other lenders.
Equipment Rentals
Mormak describes its rental offering as "a full compliment of rental equipment." The rental fleet sits alongside the company's new and used equipment inventory, which the site says is "available for sale or rental."
One concrete data point from the site: a Terex Cedarapids MVP380X cone crusher listed in the inventory (Model Number MVP380X, Size 300, Condition New, Location Vernon) is marked "Available for Rent: No." This shows that rental eligibility is decided per unit, not across the whole inventory. Before planning around a rental, confirm that the specific machine or plant type you need is in the rental fleet and available for your dates.
Rental vs. Purchase: How to Decide
The right choice depends on project length, how often you will use the equipment, and cash flow. The table below frames the trade-offs; the specific numbers must come from Mormak.
| Factor | Rental | Purchase (with Mormak Finance) |
|---|---|---|
| Best fit | Short-term or seasonal crushing and screening work | Long-term or recurring production needs |
| Upfront cost | Rental fee for the rental period | Purchase price, potentially financed |
| Ongoing cost | Continues for as long as you rent | Financing payments, plus parts and service over the equipment's life |
| Ownership | None; equipment returns to Mormak | You own the asset |
| Flexibility | Swap equipment as project needs change | Committed to the unit you buy |
| Service | Confirm what support is included with the rental | Mormak services all equipment it sells |
A practical rule: if the work is a one-off contract or a peak-season gap, rental usually keeps capital free. If you will run the equipment across multiple seasons, ask Mormak Finance for purchase terms and compare the total cost of ownership against repeated rentals.
What Else Comes With the Equipment
Financing and rental decisions are easier when you know the support behind the machine. Mormak states that:
- Its service technicians are trained at the Terex Cedarapids School.
- It offers in-house and field service with fully equipped service and welding trucks.
- It services all equipment it sells and aims to get a technician to your site as soon as possible.
- It is the exclusive Terex MPS dealer for Western Canada and an exclusive dealer for Cedarapids, Simplicity, and Canica.
- It describes itself as the largest stocking dealer in North America for OEM ElJay and Cedarapids parts.
For a rental, ask whether field service and parts support apply the same way as for purchased equipment. For a financed purchase, ask how the warranty and service relationship work alongside the financing agreement.
Next Steps
- Define your project: equipment type (crusher, screening plant, conveyor), expected hours or tonnage, and duration.
- Contact Mormak with those details and ask two questions: Is this unit or type available to rent for my dates? What financing terms would Mormak Finance offer if I buy?
- Request written terms for both paths, including delivery, setup, service coverage, and any end-of-rental or end-of-financing conditions.
- Compare total cost over your expected usage period, not just the monthly figure.
Because the website publishes no rates or eligibility rules, any budget you build should be confirmed in writing with Mormak before you commit.