Quick answer: Construction Equipment Financing can spread the cost of eligible commercial assets over scheduled payments, subject to provider approval. Compare the asset and seller details, required contribution, total repayment and cash available for operating costs before committing.
Get the equipment you need without stalling projects or draining cash. Mehmi Group structures construction-ready financing—loans, leases, equipment lines, and sale-leasebacks—tailored to your cash flow, contract timelines, and asset mix. Explore options in Equipment Financing or see our Construction & Contractors hub.
Why contractors choose Mehmi
- Approval and funding timelines vary by lender, application completeness, and required conditions.
- New or used, dealer or private sale—check Eligible Equipment.
- Mehmi sells equipment directly—bundle purchase + financing from our inventory.
- Multiple structures (loan/lease/LOC/sale-leaseback) to match utilization, seasonality, and buyout preferences.
- End-to-end support: quotes, PPSA, insurance coordination, and delivery timing.
The main ways to finance your iron
| Option | Best For | Cash-Flow Feel | End of Term | Learn More |
|---|---|---|---|---|
| Equipment Loan | Long-life assets you’ll keep (excavators, dozers, telehandlers) | Fixed payments; build equity | Own free & clear | Equipment Loans |
| Equipment Lease | Lower monthly payment or planned upgrades | Payment reduced by residual/buyout | Buy, upgrade, or return | Equipment Leases |
| Equipment Line of Credit | Multiple purchases over the season | Draw as needed; pay interest on balance | Re-usable for future buys | Equipment LOC |
| Refinancing & Sale-Leaseback | Unlock cash tied in owned machines | Convert equity to working capital | Option to buy back at term | Sale-Leaseback |
| Asset-Based / Working Capital | Mobilization, materials, payroll, fuel | Term payments or revolving | Use alongside equipment finance | Asset-Based Lending · Working Capital · Line of Credit |
What we finance (examples)
Excavators, skid steers, compact track loaders, backhoes, graders, dozers, telehandlers, compaction, crushers/screeners, concrete equipment, site trailers, service trucks, attachments, and more—see Eligible Equipment. If you’re still shopping, browse our in-house inventory.
How to choose the right structure
- Keep long term? Choose an equipment loan or add collateral for sharper pricing via asset-based lending.
- Need the lowest monthly? Model a lease with a reasonable buyout (e.g., 10% or FMV).
- Multiple buys ahead? An equipment line of credit avoids repeated applications.
- Cash locked in fleet? Use refinancing & sale-leaseback to fund mobilization while keeping machines working.
- AR is slow? Pair the purchase with working capital (line of credit or term) so payroll and materials never slip.
Run quick scenarios in the calculator (48/60/72 months; test a lease buyout) and pick the plan your slowest month can comfortably support.
BDC’s equipment-financing guide emphasizes the complete financing structure when comparing offers.
“Don’t focus only on interest rates”
For the equipment decision discussed here, compare the amount financed, payment schedule, collateral and remaining obligations alongside the quoted rate.
Approval checklist (saves days)
- Vendor quote/spec sheet with make/model, year, hours/km, serials, attachments.
- 3–6 months business bank statements (PDFs, all operating accounts).
- Brief use-of-funds note: job(s) supported, delivery timing, utilization.
- Insurance binder listing lender as loss payee.
If you’re purchasing from Mehmi’s inventory, we issue the invoice/serials to streamline docs.
Typical timeline
Approval and funding timelines vary by lender, application completeness, and required conditions. For multi-asset packages, we can stage funding so you mobilize on schedule. If you plan to step down cost later, we’ll map a path via Business Refinancing.
If you’d like a tailored recommendation—loan vs. lease vs. line—feel free to contact our credit analysts via Contact Us. You can also learn About Us or review our Construction & Contractors page for industry specifics.
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.
- U.S. Small Business Administration — 7(a) loans:
The 7(a) loan program is SBA’s primary business loan program for providing financial assistance to small businesses.
Program eligibility, lender criteria, tax treatment, and product terms can change. Verify current official guidance and the final financing documents before making a decision.