Farm Skid Steer Leasing in Canada

Skid steers are the Swiss-army knife of Canadian farms—feeding, silage, snow, pallets, augers, trenchers. Waiting on cash flow or a slow bank credit box can stall day-to-day work and seasonal deadlines. Leasing through a broker opens private-lender options that move faster, bundle attachments and install costs, and keep monthly payments predictable.

Mehmi Financial Group is both a financing partner and, in select categories, a seller of commercial equipment. We arrange milestone funding to your dealer, wrap soft costs (delivery, PDI, attachments, quick-couplers), and—when our inventory fits—provide one integrated quote with in-house financing. If you want a side-by-side of structures, feel free to contact our credit analysts.

What’s financeable on a farm skid steer file

• Units: Wheel and track skid steers (ag-spec)
• Attachments: Buckets, forks, bale spears, grapple, snow pushers, augers, trenchers, brush cutters
• Tech & protection: High-flow hydraulics, 2-speed, ride control, telematics, extended warranty, engine block heater
• Soft costs: Delivery, PDI, installation/hoses, dealer setup, training—often eligible to bundle in the same lease

Explore structures here: Financing & Leasing • Refinancing & Sale-Leaseback • Equipment Line of Credit. Run quick numbers with our calculator.

Why farmers choose leasing (quick wins)

• Preserve cash for inputs. Keep liquidity for feed, seed, fuel, and repairs.
• Match cost to seasons. Step-up or seasonal/skip schedules to align with milk cheques or harvest receipts.
• Bundle attachments now. Including forks/snow gear up front is cheaper than scrambling later with short-term cash.
• Refresh easily. FMV terms make swaps or upgrades straightforward when hours stack up.

Lease structures in plain English

Not sure which fits? We’ll price FMV vs. buyout side-by-side and map payments to your receipts.

How private lenders actually underwrite farm deals

As a credit analyst, here’s what moves approvals beyond a bureau score:

• Asset quality & dealer. Make/model, hours (if used), service history, tire/track wear, warranty, parts availability.
• Bank-statement coverage. 6–12 months of deposits/outflows showing room for the new payment (even if net income is modest).
• Operation snapshot. Dairy, grains, mixed; acres, herd size, seasonal cash timing; snow/removal side income.
• Security. PPSA on the unit/attachments, telematics/keys, insurance with lender as loss payee.
• Sponsor strength. Guarantor depth, past performance, simple contingency plan (breakdown coverage, winter revenue).

Tight on working capital? Consider a small revolving overlay via Line of Credit & Working Capital. If you invoice B2B (custom work, snow contracts), Invoice Factoring can smooth receipts.

Typical ranges & levers (what affects your monthly)

Broker fast-track: from quote to delivery in 7 steps

1. Lock your bill of materials. Unit, tires/tracks, hydraulic options, attachments, soft costs (delivery/PDI/hoses).
2. Pick a structure. FMV for future upgrades; fixed-residual if you’ll run the unit long; sale-leaseback if you need a down payment.
3. Package the file. Application/IDs/void cheque, farm/corp docs, last filed year + YTD interims, 6–12 months bank statements.
4. Add an operations one-pager. Herd/acres, seasonal receipts, planned hours, side contracts.
5. Milestone funding. Deposit → shipment → delivery/PDI → acceptance; we pay the dealer so you don’t float progress bills.
6. Seasonal/step-up. Lighter early payments; full after receipts clear.
7. 12–18 month review. If performance is clean, we explore refinancing to trim the rate or extend term.

Case study: winter work + spring chores, one payment plan (Prairies)

Situation. Mixed farm needed a high-flow track skid steer with snow pusher, forks, and auger—$96,000 all-in (delivery, PDI, couplers). Credit file showed late payments from a drought year; bank declined.

Structure. 60-month FMV lease with seasonal/step-up (lighter Nov–Mar to match snow income; full Apr–Oct for farm work). Progress-funding paid dealer at order, delivery, and acceptance.
Outcome. Approved quickly; downtime and rental costs dropped. After 15 on-time payments, we refinanced and reduced the monthly ~8%.

Common pitfalls (and how to avoid them)

• Under-scoping attachments. Add forks/snow now—bundling is cheaper than separate financing later.
• Ignoring tracks/tires. Worn consumables impact appraisals and approvals; document replacements.
• No insurance binder at delivery. Causes funding delays—have the lender listed as loss payee.
• Forgetting soft costs. Hoses, couplers, PDI, delivery add up; include them.

Approval checklist (credit-analyst view)

• Application, IDs, void cheque
• Farm/corporate registration and ownership
• Financials: Last filed year, YTD interims, 6–12 months bank statements
• Dealer quote with serials (if used), options, attachments, warranty
• Insurance binder naming lender as loss payee
• Operations one-pager (acres/herd, receipts timing, planned hours)

Short on paperwork? Send what you have—we’ll stage the rest. For a quick payment preview, try the calculator.

FAQs

Can I lease used skid steers and attachments?
Often yes—late-model units with service history and good resale are financeable; expect photos/inspection.

What credit score is “good enough”?
Many lenders prefer 650+, but stable deposits, solid collateral, and a credible seasonal plan can offset thinner credit.

Can I include delivery, PDI, and hoses in the same lease?
Usually—soft-cost bundling is common to avoid cash crunches.

Can payments be seasonal?
Yes. We structure seasonal/skip or step-up schedules around your receipts.

Can payments drop later?
Often. After 12–18 clean payments, we can explore refinancing to reduce rate or extend term.

If you’d like a no-pressure comparison of FMV vs. $10 buyout—or help structuring seasonal payments—feel free to contact our credit analysts. Start with a quick estimate using our calculator or reach us here: Contact Us.

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