Markham Skid Steer Financing | Startups Welcome

Why Markham Contractors Finance Skid Steers

Skid steers are some of the most versatile machines on a job site. In Markham, contractors use them for grading, snow clearing, material handling, and landscaping. But with new and used models costing $45,000–$100,000+, paying cash can quickly drain capital — a challenge especially for startups.

Financing gives contractors and startups the ability to:

• Secure equipment fast with 24–48h approvals.
• Protect cash flow by avoiding large upfront costs.
• Access startup-friendly programs often unavailable at banks.
• Choose lease or loan structures depending on ownership goals.

That’s why contractors across the GTA turn to Mehmi Financial Group for flexible skid steer financing that prioritizes speed and accessibility.

Why Startups Get Declined by Banks

Banks are risk-averse and typically decline startup applications for several reasons:

• Less than 2 years in business is seen as unstable.
• Limited financial statements or no full tax return history.
• Private-sale purchases are often ineligible with traditional lenders.

This leaves many small firms and startups stuck without the machinery they need.

At Mehmi, we take a different approach: approvals focus on equipment value, cash flow potential, and project pipeline, not just credit scores.

👉 Learn more about our In-House Financing programs built for startups.

Skid Steer Financing Options in Markham

Lease

• Lower monthly payments.
• Payments fully tax-deductible as operating expenses.
• Easy upgrade opportunities every few years.
• See: Equipment Leases.

Loan

• Builds equity and ownership in the machine.
• Tax benefits through depreciation + interest deductions.
• Typically higher upfront cost than leases.
• See: Equipment Loans.

Sale-Leaseback

• Already own a skid steer?
• Unlock working capital while keeping the machine in operation.
• See: Refinancing & Sale-Leaseback.

👉 Compare lease vs loan costs with our financing calculator.

Case Study: Markham Startup Contractor

Client: New snow removal and landscaping firm.
Need: Skid steer to secure municipal snow clearing contracts and summer grading jobs.
Challenge: Rejected by their bank due to only 10 months in operation.
Solution: Mehmi arranged an in-house lease with no large down payment, approved in just 36 hours.
Outcome: The startup won contracts, built steady cash flow, and successfully upgraded their machine after two years.

Who Benefits from Skid Steer Financing in Markham?

• Construction contractors managing grading and material handling.
• Snow removal businesses taking on municipal or residential contracts.
• Landscaping companies handling large residential developments.
• Startups and new businesses that banks typically decline.

👉 Visit our Construction & Contractors page for more.

Real-World Considerations for Startup Contractors

1. Seasonal Cash Flow in Markham

Skid steers are often used heavily in winter for snow removal and spring/summer for grading or landscaping. Startup-friendly financing structures with seasonal or deferred payments make it easier for new businesses to balance workloads.

2. Operating Costs

Beyond financing, startups must budget for insurance, attachments, fuel, and ongoing maintenance. Leasing and in-house financing preserve working capital for these essentials.

3. Private-Sale Flexibility

Startups often find good deals on used skid steers from local contractors or auctions. Unlike most banks, Mehmi finances private-sale equipment provided proper documentation is available.

4. Growth and Upgrades

Startups may begin with one skid steer but scale quickly as contracts grow. Leasing provides an easy path to upgrade equipment without large buyout costs.

Why Choose Mehmi for Skid Steer Financing in Markham?

• 24–48h approvals faster than banks.
• Startup-friendly programs: In-House Financing.
• Asset-backed lending structures: Asset-Based Lending.
• Private-sale financing accepted.
• Eligible for new & used machines: Eligible Equipment.
• Browse current inventory: Inventory.

FAQ: Skid Steer Financing in Markham

1. Do startups qualify?
Yes. We specialize in financing for businesses under 2 years old.

2. How fast is approval?
Most approvals close within 24–48h.

3. Can I finance a used skid steer?
Yes, both new and used units qualify: Eligible Equipment.

4. Do you finance private sales?
Yes, both dealer and private-sale transactions are accepted.

5. What are the tax benefits?

• Leases: Deductible as operating expenses.
• Loans: Deduct depreciation + interest.

6. How do I decide between lease and loan?
Use our calculator to compare monthly payments.

7. Do you finance multiple machines?
Yes, startups and contractors can structure packages for fleets.

Final Thoughts

For Markham contractors — especially new and growing businesses — skid steers are must-have machines. With startup-friendly financing, private-sale flexibility, and 24–48h approvals, Mehmi Financial Group makes it possible to secure equipment without heavy upfront costs.

Apply online today for skid steer financing in Markham.

👉 Contact our credit analysts or explore our inventory.

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