.avif)
Compare vendor financing companies for B2B dealers, OEMs and platforms in the U.S. and Canada by lender coverage, integration and support.
A B2B seller may lose a perfectly good equipment or commercial sale for one simple reason: the customer does not want to make a large cash payment today.
Vendor financing solves that problem by bringing financing into the seller's sales process.
Choosing the provider is harder.
Some companies are direct equipment-finance lenders. Others are banks with formal vendor programs. Some specialize in large OEM relationships. Broker-backed programs can route customers across several funding sources, while embedded-finance platforms are designed for software and B2B marketplaces.
Quick Answer: The best vendor financing company depends on how your business sells. Independent dealers may benefit from broker-backed lender coverage, while large OEMs may prefer direct vendor-finance platforms. Canadian dealers have strong bank and leasing-company choices, while U.S. B2B platforms can also use embedded lending marketplaces. Compare funding coverage, asset expertise, integrations, declines and dealer payout before choosing.
Vendor financing is broader than one type of lender.
A direct vendor finance company finances the customer's purchase itself or through its own financing platform.
A bank vendor program can provide dealer tools, customer financing and private-label programs through a major financial institution.
A broker-backed vendor program gives the seller one financing relationship while the broker can place transactions with different funding institutions depending on the customer and equipment.
An embedded lending platform places a financing marketplace directly inside another company's website or software.
Those models should not be compared as though they perform exactly the same job.
A manufacturer building a national dealer network has very different requirements from an independent used-equipment dealer.
Mehmi's guide comparing a one-funder program with a broker-backed vendor program is useful background before deciding which provider category belongs on your shortlist.
As of September 2026, the following companies have credible public vendor-financing or embedded-financing offerings worth comparing.
The list is organized by best fit, not a universal ranking. Actual eligibility, geographic coverage and program terms should be confirmed directly with each provider.
Mehmi Financial Group is different from most companies on this list because it positions itself as a financing brokerage/intermediary rather than a single direct lender.
That can be useful for an independent dealer whose customers do not all fit one credit profile.
Mehmi's public Vendor Financing Program currently describes co-branded and white-label financing, application tracking, dedicated credit support and financing for new, used and certain private-sale equipment through third-party funding partners. Its currently published vendor-program page is primarily Canadian.
Best fit: independent Canadian equipment dealers, distributors and commercial-asset sellers that want a broker-backed process instead of depending on one credit box.
A dealer considering this model should also read Mehmi's Vendor Equipment Financing dealer guide and Vendor Program Setup Checklist before choosing any provider.
For U.S. dealers, formal vendor-program availability should be confirmed for the relevant state rather than inferred from Mehmi's broader North American financing positioning.
DLL is one of the clearest examples of a dedicated vendor-finance platform.
Its public materials describe retail finance, commercial finance, inventory finance, used-equipment finance, digital financing tools and vendor programs serving manufacturers, dealers and distributors across numerous equipment industries. DLL also supports digital solutions including APIs and white-label-style financing capabilities.
Its U.S. vendor-finance program specifically discusses equipment leasing, customer financing and dealer support, while the company's Canadian platform provides vendor, commercial and inventory financing.
Best fit: larger manufacturers, OEMs and established dealer networks that need an end-to-end asset-finance partner capable of supporting both retail customers and the distribution channel.
DLL deserves particular attention when the vendor also needs floorplan, inventory or commercial-finance support rather than only end-customer financing.
Wells Fargo's Vendor Financial Services offering works with equipment manufacturers, dealers and distributors.
Its public equipment-finance page lists vendor referral programs, private-label financing, wholesale programs and financing throughout both the United States and Canada in U.S. and Canadian dollars.
That makes Wells Fargo relevant to established commercial sellers looking for a direct financial-institution relationship with cross-border capability.
Best fit: larger U.S. and Canadian commercial vendors that want a bank-based vendor-financing partner with private-label and wholesale program capabilities.
The main question for a smaller dealer is whether its transaction volume and customer profile fit the bank's commercial program. A recognizable financial institution is valuable only when its actual credit appetite aligns with your sales floor.
PEAC Solutions operates an asset-finance platform serving equipment manufacturers, distributors and dealers across North America and other markets. Its manufacturer program is designed around custom financing programs, while its construction, transportation and industrial business offers equipment loans and leases, new and used equipment financing and inventory finance.
PEAC has also publicly launched retail and dealer-inventory programs with manufacturers such as Kanga Loaders, demonstrating a model that supports both customer purchases and dealer stock.
Best fit: equipment manufacturers and dealer networks that want retail customer financing plus inventory-finance capabilities, particularly in construction, transportation, industrial, technology and related commercial assets.
Meridian OneCap is a Canadian commercial equipment-finance company offering programs for manufacturers, distributors and dealers.
Its vendor-finance program covers a broad range of equipment categories including manufacturing, agriculture, construction, industrial, material handling, transportation, medical and technology. Its wider program offering also includes private-label programs, national accounts and floorplan financing.
Best fit: Canadian manufacturers, distributors and established equipment dealers wanting a direct equipment-finance partner with private-label, leasing and dealer-inventory capabilities.
Meridian OneCap is particularly worth evaluating where both retail customer financing and dealer/channel finance are important.
National Bank Equipment Finance now provides a dedicated dealer-financing program across Canada.
Its current dealer offering includes a dealer portal for generating financing quotes, financing history and applications, plus an embedded Quote and Apply tool that dealers can place on their websites so customers can calculate payments and apply directly.
National Bank Equipment Finance also covers a broad group of industries including construction, agriculture, forestry, manufacturing, transportation, mining and commercial equipment.
Best fit: Canadian equipment dealers that prioritize a bank-backed program, digital payment quoting and a standardized dealer/customer financing workflow.
A dealer with highly varied credit profiles should still compare the simplicity of a single financial institution against the broader credit coverage of a broker-backed model.
Lendio belongs in a slightly different category.
Its Embedded Lending product lets U.S. B2B platforms integrate a small-business financing marketplace directly into their own digital experience.
Lendio currently supports products including term loans, lines of credit, SBA financing and revenue-based financing through an embedded, brand-configurable application rather than focusing exclusively on equipment leasing.
It has publicly deployed embedded financing with businesses including Dun & Bradstreet and equipment manufacturer Ricoma.
Best fit: U.S. SaaS companies, business platforms, marketplaces and digital B2B companies that want customers to access several kinds of business financing without leaving their ecosystem.
An equipment dealer needing specialized used-asset underwriting may need a different model than a B2B software platform whose users mainly need general working capital.
Do not choose based on the homepage.
Start with credit coverage.
Ask whether one lender makes every decision or whether the program can route appropriate transactions to several funding sources.
Then look at asset expertise.
Can the provider handle your actual equipment?
A company comfortable financing new medical technology may have a different appetite for fifteen-year-old construction machinery.
Used equipment, titled vehicles, custom installations, private sales and specialized assets should be discussed before signing the program agreement.
Next, examine dealer workflow.
Who collects the application?
Who calls the customer?
Who requests missing documents?
Who tracks funding conditions?
Who tells your salesperson what needs to happen next?
Mehmi's Dealer Finance Desk Workflow is a useful checklist for evaluating this process even if you ultimately choose another provider.
They matter when they improve the customer experience.
They matter much less when they are simply decoration.
A co-branded financing page can be enough for many independent dealers.
A larger manufacturer may want an embedded calculator, application flow, CRM integration or API.
A B2B SaaS company might require the entire financing experience to remain inside its platform.
Before paying for a complicated implementation, determine what customers actually need.
Mehmi's guides to White Label Equipment Financing and Co-Branded Financing Pages explain the difference between financing integration and merely placing an "Apply" button on a website.
The best technology is the technology your sales team and customers actually use.
This is one of the strongest differentiators between providers.
A one-funder vendor program has one credit appetite.
If the transaction does not fit, the dealer may have to start again elsewhere.
A multi-source or broker-backed model can potentially evaluate whether the same customer fits another financing institution.
That does not mean every decline should be overturned.
If the customer lacks repayment capacity, another lender is not the solution.
But a customer can be declined because of equipment age, industry policy, requested structure or another lender-specific rule.
A good provider should explain what went wrong and whether the transaction can legitimately be restructured.
That is why Mehmi's One-Funder vs Broker-Backed Vendor Program guide and Dealer Financing FAQ belong in the evaluation process.
An approval has no value to the vendor until the transaction actually funds.
Ask exactly what triggers payment.
A straightforward equipment transaction may pay the seller after documents, customer contribution, insurance and delivery requirements are completed.
Custom equipment may require customer acceptance.
Long manufacturing projects can require a separate progress-payment arrangement.
Do not assume every vendor program pays at the same point.
Mehmi's explanation of how vendor financing programs work from application through payout is useful for understanding this distinction.
A financing provider that approves customers quickly but creates repeated payout delays can still be a poor vendor partner.
Assume a U.S. equipment dealer sells a machine for USD $150,000.
For illustration only, assume:
Customer contribution: USD $15,000
Amount financed: USD $135,000
Assumed annual interest rate: 9%
Term: 60 months
Payment frequency: Monthly
Financing fees: $0 assumed
Taxes, insurance, documentation, registration, delivery and other third-party costs: excluded
Using standard monthly amortization, the estimated payment would be approximately USD $2,802.38 per month.
Over 60 payments, total repayment on the financed amount would be approximately USD $168,142.68, including approximately USD $33,142.68 of interest.
Including the customer's USD $15,000 contribution, total cash paid toward the purchase and assumed financing would be approximately USD $183,142.68 before excluded costs.
This is not an offer from Mehmi Financial Group or any company listed in this article.
For the dealer, the example shows why vendor financing is more than an application link.
The salesperson needs to know how to present an estimated payment without implying that the customer has already been approved.
Canadian dealers can model CAD transactions with Mehmi's Equipment Financing Calculator. The calculator expressly states that its results are estimates, taxes are excluded and the calculation is not a financing offer or approval.
A direct lender can be an excellent choice when your sales are standardized.
Imagine a manufacturer selling the same type of new equipment to established businesses with similar transaction sizes.
One strong lender may provide everything needed:
Consistent pricing.
One credit policy.
One portal.
One document process.
Simple staff training.
A broker-backed model becomes more valuable as the transaction mix becomes less predictable.
Used equipment, varied industries, startups, private-sale transactions and different credit profiles can make one lending policy more restrictive.
Neither structure is automatically superior.
Match the finance model to your customer mix.
Do not launch one simply because competitors advertise financing.
A program is unlikely to help if your customers rarely ask for financing, your transactions are too small to justify the process, or your sales team will not consistently present payment options.
Weak internal documentation can also create problems.
If invoices routinely contain incorrect legal names, vague equipment descriptions or missing serial numbers, financing may add another source of sales friction.
Mehmi's article on when a dealer should not join a vendor finance program provides a useful counterpoint to the assumption that every dealer immediately needs an embedded or white-label program.
Fix the sales and documentation workflow first.
Then add financing.
There is no universal provider. Independent dealers with varied customers may value a multi-lender or broker-backed program, while standardized dealers may prefer the simplicity of one direct financing company.
DLL and Wells Fargo publicly describe vendor-finance capabilities in both markets. PEAC also operates across North America. Actual product and geographic availability should still be confirmed for the specific vendor program.
National Bank Equipment Finance, Meridian OneCap, DLL and broker/intermediary programs such as Mehmi are all worth comparing. The right provider depends on equipment, customer profiles, transaction size and how much lender flexibility the dealer needs.
Lendio is better described as an embedded small-business lending marketplace rather than a traditional equipment vendor-finance company. It can be relevant to B2B platforms that want to embed several types of business financing into their customer journey.
Not automatically. Also compare approval coverage, equipment expertise, funding conditions, payout speed, customer experience, integration requirements, security and total cost.
Yes, some providers support private-label, co-branded or configurable financing experiences. Wells Fargo, DLL, Mehmi and other vendor-focused providers publicly describe branded or private-label capabilities.
Typically the vendor is paid after the financing transaction satisfies the required funding conditions. Exact timing can depend on delivery, acceptance, installation and the provider's documents.
Give the provider several representative transactions: a clean customer, a weaker credit file, a used-equipment purchase and one complex transaction. Ask exactly how each would be handled from application through dealer payout.
There is no single vendor financing company that is best for every B2B business.
A global OEM needs different infrastructure from a local equipment dealership.
A Canadian machinery dealer needs different credit coverage from a U.S. SaaS platform embedding working-capital loans.
Start with your real transactions:
Typical financing amount.
New versus used equipment.
Customer credit mix.
Industries served.
U.S. or Canada.
States or provinces required.
Need for private-label or embedded technology.
And what must happen before your business gets paid.
Mehmi Financial Group's current public Vendor Program positions Mehmi as a brokerage/intermediary helping Canadian dealers, OEMs and distributors connect customers with third-party financing rather than acting as the direct lender.
To discuss whether a broker-backed vendor program fits your business, contact Mehmi Financial Group at 833-863-4644 through the Mehmi Financial Group contact page.
Include your typical financing amount, U.S. or Canada, state or province, equipment or service being financed, customer use of funds and expected timing so the program can be compared against how your business actually sells.
.svg){kind=small}