In today’s fast-moving business environment, the ability to access essential equipment without draining cash flow is a competitive advantage. Whether you operate in construction, healthcare, agriculture, logistics, or manufacturing, having the right equipment can boost your productivity and long-term profitability.
At Mehmi Financial Group, we provide customized equipment financing and leasing options for businesses across Brampton and Ontario. Our goal is to help you acquire the tools you need—without the burden of full upfront costs.
What Is Equipment Financing?
Equipment financing is a loan or lease designed specifically to help businesses purchase or upgrade vital assets such as machinery, vehicles, or technology. Instead of paying the full amount upfront, you can spread out the cost over time while using the equipment to generate revenue.
Key Benefits of Equipment Financing:
- Preserve Working Capital: Avoid tying up cash so you can invest in other business priorities.
- Invest in Growth: Fund equipment upgrades that enhance efficiency, safety, and scalability.
- Build Business Credit: On-time loan payments strengthen your company’s financial profile.
What Is Equipment Leasing?
Equipment leasing gives your business access to modern equipment without needing to purchase it outright. Leasing contracts are ideal for companies that want to maintain flexibility and keep up with evolving technology.
Why Businesses Choose Leasing:
- Lower Initial Costs: Start using the equipment without a large capital expense.
- Tax Advantages: Lease payments may be tax-deductible.
- Easy Upgrades: Stay current with the latest tools and tech by leasing on short cycles.
- Budget Control: Predictable monthly payments help with financial planning.
Equipment Financing vs. Leasing: What’s the Difference?
| Feature |
Equipment Financing |
Equipment Leasing |
| Ownership |
You own the asset after final payment |
Lessor retains ownership |
| Upfront Costs |
May require a down payment |
Typically lower or no down payment |
| Best For |
Long-term use of the same equipment |
Regular upgrades or short-term use |
| Accounting Treatment |
Asset appears on your balance sheet |
Lease may be treated as an operating expense |
| Flexibility |
Less flexible mid-term |
Easier to switch or upgrade equipment |
Why Mehmi Financial Group?
At Mehmi Financial Group, we specialize in helping Brampton-based businesses get fast, flexible, and affordable access to the equipment they need. Here's what makes us different:
✔ Tailored Financing Solutions
We design payment structures that work with your budget and business goals. Whether you need a lease or a loan, we offer terms from 1 to 7 years.
✔ Fast Pre-Approvals
Our streamlined process gets you approved quickly—so you can get back to growing your business with the right tools in place.
✔ Competitive Rates
We offer attractive fixed and variable rates based on your credit history, industry, and equipment type.
✔ Local Experience
We serve Brampton, Mississauga, Toronto, Vaughan, and the entire GTA. We understand the unique challenges Ontario businesses face—and we’re here to help.
Frequently Asked Questions: Equipment Financing in Ontario
- What types of equipment can I finance through Mehmi Financial Group in Ontario?
We finance and lease everything from heavy machinery and medical equipment to agricultural tools, vehicles, and office tech. - Who is eligible for equipment financing in Ontario?
Startups, small businesses, and established enterprises are welcome to apply. We evaluate your credit, cash flow, and business plan. - How does equipment financing work?
After approval, we provide funding to purchase the equipment. You repay in monthly installments while using the asset in your business. - What are the interest rates for equipment financing in Ontario?
Rates vary depending on your credit score, loan size, and market conditions. We offer both fixed and variable-rate plans. - Can I finance used equipment through Mehmi Financial Group?
Yes! We finance both new and used assets to help you stretch your budget without compromising quality. - How long does the equipment financing process take?
Many clients receive approval within 24–72 hours, depending on the completeness of documentation. - Are there any upfront costs for equipment financing?
Some programs may require a small down payment, but we also offer low- or no-money-down options. - Can I apply for equipment financing with bad credit?
Yes, we work with a variety of credit profiles. Our team will assess your full financial picture to find a fit. - What is the maximum loan amount I can get for equipment financing?
We provide loans from as little as $5,000 to multi-million-dollar solutions depending on your business profile and needs. - How do I apply for equipment financing in Ontario through Mehmi Financial Group?
Get started by applying online or contacting us for a free consultation.
Let’s help your business move forward. Contact Mehmi Financial Group today to explore flexible financing options for the equipment you need to grow!
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