TL;DR / Summary
Canada’s equipment financing market is worth tens of billions annually, with SMEs in transportation, construction, manufacturing, agriculture, and hospitality driving demand. By becoming a Mehmi sub-broker, you gain access to 150+ lenders, in-house financing options, and commissions averaging 3–8% per deal. Whether you’re an independent broker, dealer, or consultant, this program helps you close more deals while Mehmi handles backend compliance, underwriting, and funding.
Why Become an Equipment Finance Sub-Broker in Canada?
Equipment financing isn’t niche — it fuels the Canadian economy. According to Equifax and Canadian Finance & Leasing Association data, more than 60% of Canadian businesses use leasing or financing for equipment purchases. That includes everything from semi-trucks and CNC machines to medical devices and restaurant equipment.
The opportunity for sub-brokers:
- Growing SME demand – Over 1.2M Canadian SMEs seek alternative financing each year.
- Bank decline rates – Up to 35% of small business applications are declined by banks, leaving room for alternative lenders.
- Rising equipment costs – Average truck financing deal exceeds $80,000, while CNC systems often exceed $250,000 — making financing essential.
As a Mehmi sub-broker, you position yourself at the intersection of high demand and underserved credit markets.
What You Get as a Mehmi Sub-Broker
- 150+ lender partners plus Mehmi’s in-house financing.
- Fast approvals – 24–48h on most qualified deals.
- Complete product suite, including:
- Equipment loans
- Equipment leases
- Working capital loans
- Invoice / freight factoring
- Asset-based lending
- Refinancing & sale-leaseback
- Commission payouts – typically 3–8% per deal, higher on working capital.
- White-label options – Offer financing under your own brand.
- Backend support – Underwriting, compliance, and funding handled by Mehmi.
How the Sub-Broker Program Works
- Sign Up – Apply via Mehmi’s Contact Us page.
- Submit Deals – Use the secure portal to upload client applications.
- Get Approvals – Mehmi manages underwriting and lender matching.
- Funding – Clients receive funding in 24–48h on qualified deals.
- Get Paid – Commissions are paid promptly after funding.
📊 Commission Example:
- $100,000 equipment lease @ 4% commission → $4,000 payout.
- 5 deals/month averaging $80,000 @ 4% → $16,000 monthly commissions.
Who Should Apply?
- Independent brokers expanding their product line.
- Truck & equipment dealers who want to offer financing in-house.
- Accountants & consultants with clients seeking credit.
- Ex-bankers & finance professionals seeking flexible, scalable income.
- Entrepreneurs in B2B services looking to build recurring revenue.
Case Example: Ontario Sub-Broker
A sub-broker in Ontario joined the Mehmi program in 2024. Within their first month:
- 3 truck leases ($240,000 total).
- 1 construction equipment loan ($120,000).
- 1 working capital loan ($60,000).
- Total funded = $420,000.
- Average commission = 4.5%.
- Earnings = $18,900 in one month.
Because Mehmi managed compliance and underwriting, the broker focused solely on client acquisition and relationship-building.
Comparison Table – Sub-Broker vs Going Solo
Factor | Independent Broker (Solo) | Mehmi Sub-Broker Program |
Lender Access | Limited, often 3–5 lenders | 150+ lenders + in-house financing |
Approval Speed | 1–6 weeks at banks | 24–48h approvals |
Compliance & Underwriting | Handled by broker | Handled by Mehmi backend |
Commissions | 1–3% typical split | 3–8% + faster payouts |
Branding | Operate under your own name only | White-label options available |
FAQ: Equipment Finance Sub-Broker Canada
1. How much can I earn?
Commissions range 3–8%. Active sub-brokers often earn $180K–$360K annually, while high-volume brokers with vendor partners can surpass $500K+.
2. Do I need prior experience?
No. Mehmi provides training, resources, and backend support.
3. Can I submit deals nationwide?
Yes, deals can be placed across all provinces.
4. What equipment types are eligible?
Trucks, trailers, CNC machines, construction equipment, agricultural assets, medical devices, and more.
5. How fast are commissions paid?
Typically within days of client funding.
Final Thoughts
Canada’s equipment financing industry is thriving, and SMEs need flexible funding more than ever. By becoming a Mehmi sub-broker, you tap into a $40B+ market, gain nationwide reach, and earn strong commissions — all while Mehmi handles the heavy lifting.
👉 Apply today to become an equipment finance sub-broker in Canada with Mehmi Financial Group.