When a site cut, pad build, or winter road push is on the calendar, a paper quote that never funds costs more than a higher-but-certain approval. If banks said no—or you’re new, sub-650, or coming off a rough season—private (B/C/D) lenders will still say yes when the deal is packaged the way they actually underwrite.
As both a seller of used equipment and a national financing partner, Mehmi Financial Group pre-underwrites the asset and files to get you to an approval that funds. If you want a quick read on your odds, feel free to contact our credit analysts.
Are you looking for equipment? Browse our used inventory. Want quick math? Try the Calculator.
The four levers lenders price (and how to prep each)
Capacity (bank statements tell the story)
- Bring 3–6 months business statements (personal too if you’re new).
- Aim for deposits that comfortably cover the new payment plus fuel, insurance, payroll, and tax.
- Reduce NSFs for 60–90 days pre-apply. If receivables pay slow, stabilize with Invoice Factoring or a light Working Capital / Line of Credit.
Security (down, deposit, or collateral)
- Plan for 10–20% down or a refundable security deposit.
- Short on cash? Unlock equity via a Refinancing & Sale-Leaseback of an owned unit (skid steer, trailer, pickup).
Asset (marketable, serviceable dozer)
- Bring a unit with clear serials, clean inspection, and mainstream spec (see checklist below).
- Because we sell what we finance, we pre-underwrite condition, liens, and resale before a lender sees it.
Story (one paragraph, not a novel)
- What happened, what changed, and how this dozer will generate predictable cash (awarded tenders, subdivision schedule, winter works, hourly with GC). Attach POs or emails.
Explore structures: Financing & Leasing.
Dozer asset checklist (what to bring to the inspection)
- Undercarriage: Rail/chain stretch, bushing turn history, sprocket teeth, roller/idler wear, track shoe life (these drive pricing).
- Blade & attachments: C-frame/push arms, cutting edges, corner bits, tilt/angle function; ripper shanks, hydraulics.
- Hydraulics: Drift test on lift/tilt/ripper; cylinder rod pitting/leaks; pump pressures stable under load.
- Powertrain: Engine blow-by, transmission shift quality (powershift/hydrostat), no codes; cooling stack condition.
- Frame & structure: Pivot pins/bushings, articulation (if applicable), welds/cracks, belly pan damage.
- Electrics & safety: Lights, beacons, cameras/backup alarm, fire extinguisher; cab HVAC and gauges operational.
- Grade control (if equipped): Indicate brand (Trimble/Topcon/Leica), software level, sensors/masts included.
- Paperwork: Serial/VIN confirmations for base machine & attachments, lien status, major repair invoices, recent UC measurements, condition report.
Tip: Minor recon (edges, batteries, service) can often be blended as soft costs—flag it early.
What to include in your submission package (send once, fund faster)
- Completed application, government ID, void cheque
- 3–6 months business bank statements (personal if new)
- Bill of sale/quote, serials, lien search, inspection/condition report
- Insurance quote (bind at funding)
- Strength add-ons: awarded contracts/POs, maintenance logs, grade-control details, operator certifications
If admin slows you down, we’ll package the file end-to-end so it clears on the first pass. Feel free to contact our credit analysts.
Typical private-lender pricing & terms (sanity check)
| Item | Typical Range | Notes |
|---|
| Term Length | 36–60 months (select to 72) | Match to hours/age and contract horizon. |
| Buyout Type | $1, 10% or FMV | $1/10% = simple path to title; FMV lowers payment, plan residual. |
| Upfront Cash | 10–20% down or refundable deposit | Zero-down only with strong compensating strengths. |
| Funding Speed | 24–72 hours (deal-ready) | Inspection + insurance ready keeps timelines tight. |
| Soft Costs | Case-by-case inclusion | Transport, edges, fluids, grade-control servicing often blendable. |
Run quick numbers with our Calculator to set a comfortable payment target.
Structures that commonly approve (A–D credit)
- $1 Buyout (36–60 mo): You’ll keep the dozer long-term; higher payment, clean title path.
- 10% Buyout: Balanced cash flow vs ownership; plan the end-term.
- FMV + Step-Ups: Lower early payments while crews ramp; manage residual at maturity.
- Sale-Leaseback + New Lease: Create down from an owned unit, then lease the dozer. See Refinancing & Sale-Leaseback.
- Lease + Factoring/LOC Overlay: Keep statements clean during mobilization via Invoice Factoring or Working Capital.
Zero-down—can it work on dozers?
Sometimes. Realistic paths: FMV + refundable security deposit, or a sale-leaseback on an owned machine to create effective down. We’ll also model low-down (5–15%) so you can compare total cost.
One-week fast track (what your timeline looks like)
Day 1 — Fit & pre-underwrite
Scope, start date, target payment (use the Calculator). Send statements; we shortlist units (ours or yours) and propose the structure that will actually fund.
Day 2 — Conditional approval
Terms, buyout, initials (down/deposit). If deposits are lumpy, we layer factoring/LOC to stabilize the read.
Day 3–5 — Conditions & funding
Inspection/condition report (with UC measurements), PPSA, payouts, insurance binder. Funds release; you mobilize.
For fundamentals, you may also like:
Common pitfalls (and fast fixes)
- Thin UC at inspection: Price bushing turn/rails ahead of time; blend eligible recon as soft costs.
- Chasing the cheapest rate: A quote that never funds is the most expensive path—opt for certainty.
- Duplicate broker submissions: One quarterback keeps lenders engaged and timelines short.
- Over-spec niche units: Mainstream tonnage/specs remarket better → stronger pricing.
Why contractors choose Mehmi for dozers
- Seller + Financier: We stock used equipment and finance it directly or via 30+ Canadian lenders.
- Speed & certainty: Same-day pre-approvals; deal-ready files often fund in 24–48 hours, up to $5M.
- Flexible for real-world conditions: Newcomers, thin files, or past credit issues—we design structures that match your schedule and cash flow.
Model payments or talk to us:
Calculator • Financing & Leasing • Refinancing & Sale-Leaseback • Invoice Factoring • Working Capital & LOC • Contact Us • Inventory
Ready for a candid approval plan? Share your statements and target unit, then feel free to contact our credit analysts for a no-pressure, broker-structured plan that will actually fund.
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