Quick answer: If your clinic has chosen a device, the next useful step is getting the purchase information and business records into a clear package. That does not guarantee approval, but it gives a financing provider a better picture of what you want to buy and how your business operates.
For a True North Aesthetic Supply purchase, start with its written quote. Mehmi Financial Group reviews financing requests separately from the supplier's equipment advice.
Start with the purchase file
- Supplier name and contact information.
- Exact equipment model, configuration and condition.
- Itemized price, taxes, delivery and any separate setup costs.
- Deposit already paid, remaining balance and expected delivery date.
- Warranty and education details confirmed by the supplier.
BDC's equipment financing guide identifies the equipment quote as a common part of a financing request. Requirements beyond the quote depend on the financing provider and the transaction.
Prepare a short business summary
Write a plain-language paragraph explaining whether the device replaces an existing unit, adds capacity or supports a new service. Include the clinic's legal name, operating location, time in business and the amount requested. Be clear about what is already operating and what is still planned.
For example: “Our clinic is replacing an existing device. We have a current supplier quote and would like to review payments over several terms.” That is more useful than a long pitch promising that the new device will immediately pay for itself.
For clinics and practices, explore medical and dental financing.
Keep supporting records ready
The team may request recent business bank statements, financial information, ownership details or identification. Ask for the exact list and the approved secure delivery method. A newer clinic may need to explain its available cash, opening timeline and assumptions in more detail.
Do not send patient records, patient names or appointment histories. A business financing review should not need identifiable treatment information. If revenue support is requested, ask which business-level records are appropriate.
Check consistency before sending
Use the same legal business name across your quote and application. Make sure the requested amount reflects any deposit or excluded costs. If a document is unavailable, explain why instead of substituting an estimate without labelling it.
For an overview of loan and lease structures, consult the equipment financing overview.
A simple folder can contain a quote, a business summary and the specific records requested. Date each file so an updated quote is not confused with the version it replaced.
Understand the next step
Mehmi may ask follow-up questions before presenting potential options. Read any credit authorization separately and ask whose credit may be reviewed. Mehmi's privacy policy explains that submitting a form is not blanket permission to obtain every connected individual's consumer credit report.
Ready with your quote? Start from the True North financing page. The form begins the conversation; it does not commit you to a financing agreement.
Educational information only. Document requirements, eligibility and approval depend on the financing provider. Mehmi is a brokerage, not a direct lender.
For lease payment structures and end-of-term choices, compare equipment leasing options.
Authoritative references
- Innovation, Science and Economic Development Canada: Canada Small Business Financing Program:
The Canada Small Business Financing Program makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders.
- BDC: Concetta Farina, Account Manager
Eligibility, lender criteria, tax treatment and terms for aesthetic equipment financing documents vary by lender and can change. Confirm current details with the lender or vendor and review the final loan or financing documents before you commit. Approval is subject to lender review.