Meridian OneCap, a provider of leasing and financing solutions for equipment vendors, manufacturers and brokers, received the 2026 Equipment Finance EQ Bank Finance Award for its forward-thinking approach to lending amid an uncertain financial landscape.
The EQ Bank Finance Awards are presented by the Canadian Lenders Association (CLA) to celebrate the most innovative financial services and fintech companies in Canada. Meridian OneCap’s win was announced Thursday, May 28 at the 2026 Canadian Finance Summit in Toronto.
The Equipment Finance Award recognizes organizations helping Canadian businesses acquire, finance and manage the equipment they need to grow.
According to the CLA, Meridian OneCap “is innovating by modernizing Canadian small and medium-size enterprise (SME) equipment finance through faster processing, stronger fraud awareness, AI-informed decisioning and practical financing support during a period of tariffs, cost volatility and equipment investment uncertainty.”
Hugh Swandel, president of Meridian OneCap, said, “This is a reflection of our incredible people. Over the past year, our employees have worked hard to help clients navigate uncertainty while continuing to innovate and improve the financing experience for all Canadians. With decades of experience in equipment finance, deep industry knowledge, and continued investment in technology and data-driven insights, we’re well positioned to support Canadian businesses through an evolving financial landscape. This award reinforces what has always mattered most to us: building relationships based in trust that help SMEs grow with confidence.”

