Offer Tabit financing, get paid upfront and let business customers pay over time. See how Canadian vendors can add it to their sales process.
A qualified customer wants to buy, but paying the full invoice today would strain their cash flow. Extending in-house payment terms may save the sale, but it leaves your company waiting for money and carrying the default risk.
Tabit financing gives Canadian vendors another option. The customer can spread an approved business purchase over time while the vendor receives payment upfront.
Quick Answer: Tabit is a B2B buy now, pay later solution that lets Canadian vendors offer flexible payment schedules without financing customers from their own balance sheet. Customers apply during checkout or from an invoice link, choose an approved payment plan, and the vendor can receive funds as soon as the next business day.
Tabit is a point-of-sale financing option built for business-to-business purchases. It allows a vendor to complete a sale today while the business customer repays the approved purchase over an agreed schedule.
This is different from simply giving a customer net-30 or net-60 terms. With ordinary trade credit, the vendor still owns the receivable and must wait, follow up and absorb the loss if the customer does not pay.
With Tabit, the vendor can receive the transaction proceeds upfront while Tabit manages the customer’s repayment and assumes the credit risk. The product can be offered through online checkout, invoices or payment links. (merchantgrowth.com)
The Canadian market is large. ISED’s 2025 Key Small Business Statistics reported that Canada had approximately 1.08 million small employer businesses as of December 2024, representing 98.2% of all employer businesses. Many of these companies need to preserve operating cash when making larger purchases. (ISED Canada)
The process moves the customer from a purchase decision to an approved payment plan without requiring the vendor to carry the receivable. A typical transaction follows five steps.
The vendor should still confirm delivery, refund and dispute procedures before launching the program. “Paid upfront” does not remove the need for accurate invoices, proof of delivery and clear customer communication.
Tabit can increase payment flexibility without forcing the vendor to become its customer’s financing company. This protects working capital and reduces the administrative burden of managing accounts receivable.
The main benefits are:
Tabit publishes industry-average figures showing a potential 20% increase in conversion, 40% increase in average order value and 35% increase in purchase frequency when flexible payment terms are available. These are platform marketing figures based on industry averages, not guaranteed outcomes for every vendor. (Tabit)
Statistics Canada also reported that 49.3% of Canadian SMEs requested some form of external financing in 2023, including debt, lease financing and trade credit. That figure confirms that financing is already part of how many Canadian businesses make purchasing decisions. (Statistics Canada)
Tabit is generally most useful when a viable business customer wants to proceed but cannot comfortably pay the entire invoice at once. The purchase should be clearly documented, commercially reasonable and within the customer’s approved limit.
Strong use cases may include:
For manufacturing and wholesale vendors, payment flexibility can help customers purchase production tools, automation components, commercial systems or inventory without delaying an order until more cash becomes available.
Tabit may be less suitable when the customer needs a multi-year structure, the asset requires detailed title and lien work, or the purchase amount needs to be matched to the asset’s long useful life. Those transactions may fit standard equipment financing better.
Financing should be introduced before the customer objects to price, not after the sale has already stalled. Early positioning makes it feel like a normal payment option instead of a rescue tool.
A practical sales process is:
Do not advertise guaranteed approval, a universal 0% cost or a specific payment that may not apply to most buyers. Rates and payment terms are subject to credit approval and current market conditions.
The customer should also understand the total repayment amount, payment frequency and consequences of missing a payment before signing.
The vendor needs a clean business profile, an accurate transaction process and clear authority to sell the goods or services being financed. Exact Tabit onboarding requirements should be confirmed during setup.
A Canadian vendor should be ready to provide:
For commercial vendor transactions, the supplier normally must be approved before funding. Clear shareholder contact information, compliant invoices and confirmation that all approval conditions have been satisfied help prevent documentation delays.
The vendor should also determine who on its team can send applications, issue payment links, process returns and answer customer questions. A financing program fails quickly when no one owns the process.
The invoice should identify exactly what is being purchased, who is buying it and how the taxes are calculated. Vague descriptions such as “equipment package” or “business services” can trigger additional questions.
A strong invoice includes:
For serialized commercial equipment, include the year, make, model, serial number or VIN, and hours or kilometres where applicable. Standard Canadian equipment-financing submissions also require the customer’s purpose, TIB, requested structure and supporting equipment details.
The invoice information must match the application and purchase agreement. A legal-name mismatch or unexplained deposit can delay payment even after the customer has been approved.
Tabit is designed for fast B2B payment flexibility, while equipment financing is structured around the useful life, value and security of a commercial asset. The right choice depends on the transaction, not simply which approval is faster.
Tabit may be a better fit when:
Traditional equipment financing and leasing may be better when:
Before quoting either option, compare the expected payment against the customer’s operating cash flow. Vendors and buyers can use the equipment financing calculator to estimate a longer-term equipment payment before deciding which structure makes sense.
Some vendors should offer both. Tabit can handle qualifying point-of-sale purchases, while equipment financing supports larger assets that need longer terms and more detailed underwriting.
The best structure is the one that allows the customer to complete the purchase without creating an unrealistic repayment burden. Consider this composite scenario.
A seller using equipment financing in Toronto quotes a four-year-old business $72,000 for a commercial production system. The buyer generates $165,000 in average monthly revenue but wants to keep at least $100,000 in its operating account for payroll, inventory and GST/HST remittances.
The vendor first offers Tabit. The customer receives an approved schedule, but the proposed repayment period would place too much pressure on monthly cash flow.
The transaction is then reviewed for equipment financing. The buyer provides a signed credit application, equipment quote, three months of business bank statements, corporate registry, owner identification and its most recent CRA NOA.
The asset is financed over 60 months, subject to credit approval and current market conditions. The vendor receives the approved purchase proceeds after documentation and delivery conditions are satisfied, while a PPSA registration secures the financed asset.
The lesson is not that one product is better. Tabit is strong when speed and short-term flexibility solve the problem. Equipment financing is stronger when the purchase needs to be spread over the productive life of the asset.
A vendor should understand the full commercial agreement, not just the promise of faster sales. Ask for written answers before the program is added to the website or sales proposal.
Review these points:
Also ask what happens if an invoice changes after approval. A substituted product, additional freight charge or revised tax amount may require the transaction to be updated before payment.
Do not assume that every buyer will qualify or receive the same terms. Credit decisions depend on the applicant, transaction and current program conditions.
Mehmi Financial Group helps vendors build a payment process that matches the size and type of purchase being sold. That may include a B2B payment option such as Tabit, standard equipment financing, or both.
Through a Canadian vendor financing program, sellers can add financing to quotations, product listings and sales conversations without building an internal credit department.
Mehmi Financial Group supports commercial transactions from $2,500 to $5 million and above, with terms from 24 to 84 months where applicable. Complete files may receive decisions in as little as 4 to 24 hours, subject to credit approval and current market conditions.
The file is reviewed before a hard credit check. This helps identify missing documents, unsuitable assets and unrealistic payment expectations before the customer is moved deeper into the application process.
Tabit states that the vendor receives payment upfront while the approved business customer pays over time. Funds may be deposited as soon as the next business day after the transaction and required conditions are completed. Actual timing can depend on approval, documentation, delivery and banking cut-off times. (merchantgrowth.com)
Tabit is a B2B buy now, pay later payment solution. It is not the same as a capital lease, operating lease or EFA tied to a specific asset. Customers receive approved payment terms for a purchase, while the vendor receives the transaction proceeds upfront.
Tabit states that its initial pre-qualification can be completed without affecting the customer’s credit score. Customers should still read the consent language before accepting an offer because final verification and transaction requirements may differ from the initial pre-qualification stage. (Tabit)
Tabit advertises initial pre-qualification decisions in under three minutes. That does not mean every transaction is fully funded in three minutes. Additional business verification, customer consent, invoice review or transaction conditions may still need to be completed before the vendor receives payment. (merchantgrowth.com)
Yes. Tabit states that vendors can offer the payment option through online checkout, invoices and shareable payment links. This allows a seller to use the same program for website orders, telephone sales, emailed quotations or purchases completed by an account representative. (Tabit)
Tabit states that it assumes the customer’s credit risk, including the risk of late payment or default, rather than leaving the vendor to collect the financed balance. Vendors should still review the agreement for exclusions involving fraud, delivery disputes, refunds or misrepresented transactions. (merchantgrowth.com)
Tabit can help Canadian vendors remove the upfront-payment barrier while protecting their own cash flow. Before launching it, test the process on a real quotation and confirm that the fees, repayment options and payout timing work for both sides.
To review Tabit alongside longer-term commercial financing options, contact Mehmi Financial Group or call (437) 777-5901.
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