Explore Mehmi’s equipment financing, refinancing, repair, factoring, working capital and vendor programs for Canadian businesses.
An equipment purchase, a blown engine, and an unpaid freight invoice create three different cash-flow problems. Treating them all like a standard business loan can produce the wrong term, payment, or security.
Mehmi Financial Group — also searched as Mehmi, Mehmi Group, and Mehmi Financial — is a Canadian equipment and business financing company that helps owner-operators, fleets, and SMBs finance productive assets, unlock cash from equipment they already own, cover major repairs, access invoice value, obtain working capital, and offer customer financing. Files are assessed before any hard credit check.
Mehmi Financial Group, commonly referred to as Mehmi Group or Mehmi Financial, helps Canadian businesses acquire equipment, release equity, cover major repairs, advance invoices, and access working capital — using the structure that fits the actual cash-flow problem. Transactions range from $2,500 to $5M+. Files are reviewed before any hard credit check, with approvals available in as little as 4–24 hours, subject to credit approval and current market conditions.
Mehmi Group matches the financing structure to the business's actual need rather than routing every file into a single product.
A company buying an excavator should not be placed in the same structure as a carrier waiting 60 days for freight invoices, or a fleet facing a major engine repair. The review considers the asset, purchase price, seller, business history, cash flow, credit strength, and reason for financing.
Mehmi Financial serves businesses across Canada in English and French. Programs are available for established companies, growing businesses, challenged-credit applicants, and qualified start-ups. ISED Canada's Key Small Business Statistics 2024 shows that 98.1% of Canadian employer businesses are small businesses — which means most equipment buyers in Canada are exactly the kinds of operators Mehmi is built to serve.
Equipment financing and leasing help a business acquire a productive asset without paying the full cost upfront.
Common structures include a capital lease for long-term ownership, an operating lease when equipment is replaced regularly, an equipment finance agreement (EFA) for businesses that want to own the asset outright, a $1 buyout lease for a nominal end-of-term purchase, and an FMV lease where the buyout price is based on fair market value at the end of the term. TRAC leases are also available for eligible commercial vehicles.
The best option depends on how long the asset will remain useful, whether ownership matters for tax treatment, and how much cash the business wants to preserve. The Canadian Finance & Leasing Association (CFLA) estimates that asset-based financing represents the largest source of business debt financing in Canada after banks and credit unions. Before choosing a structure, use the loan vs. lease comparison calculator to compare payment, ownership, and total cost across options.
Truck and trailer financing is designed around commercial vehicles, carrier revenue, and equipment condition.
Eligible assets can include Class 1–8 trucks, highway tractors, day cabs, vocational units, dry vans, reefers, flatbeds, lowboys, and specialized trailers. For businesses in transportation and trucking, the review may consider kilometres, engine history, fleet size, freight type, routes, carrier relationships, and whether the unit is an addition or a replacement.
A Brampton owner-operator replacing a high-kilometre tractor can explore local fleet financing options through truck financing in Brampton. A start-up trucking file needs more than a credit application — a carrier work letter, proof of relevant driving experience, bank statements, and complete unit specifications help show how the payment will be supported. New, used, and eligible private-sale equipment can all be considered.
Equipment refinancing and sale-leaseback convert equipment equity into working capital while the business keeps using the asset.
Proceeds can be used for payroll, growth capital, major repairs, debt consolidation, or seasonal expenses. Refinancing restructures debt already secured by the equipment. A sale-leaseback involves selling eligible owned equipment into a new financing structure and leasing it back.
Standard sale-leaseback programs generally focus on assets purchased within the previous six months. The file normally requires the original purchase invoice, proof of payment, ownership evidence, and a satisfactory PPSA review — or an RDPRM review in Quebec.
A Calgary construction contractor that paid cash for an excavator three months ago can use a sale-leaseback to restore working capital before the next job cycle. Equipment financing options for that market are available through equipment financing in Calgary. Use the equipment financing calculator to estimate possible payments and cash-flow impact before using equipment equity.
Commercial repair financing covers major work needed to return revenue-producing equipment to service.
Common eligible repairs include engine rebuilds and replacements, transmissions, differentials, driveline work, tires and accessories, aftertreatment systems, cooling systems, hydraulics, electrical diagnostics, and trailer repairs. For major engine overhaul files, engine rebuild and replacement financing is a separate program with its own minimum invoice thresholds and term ranges.
This option can prevent a business from draining its operating account or leaving an income-producing unit parked. Approved funds are generally paid directly to the repair facility once the file is complete and the final signed invoice is confirmed. Repair invoices can also strengthen future equipment financing applications — a documented engine rebuild may help explain why a high-kilometre truck still has a reasonable remaining useful life.
For fleets managing multiple repair needs across units, the fleet repair program can be reviewed directly.
Invoice and freight factoring converts eligible unpaid invoices into cash before the customer's normal payment date.
Instead of waiting 30, 60, or 90 days, the business receives an advance against approved receivables and collects the remaining balance — less applicable charges — after the customer pays. This is particularly useful for transportation companies paying fuel and driver costs while waiting on shipper payments, or for manufacturers buying materials for the next production run.
Factoring is not equipment financing. It addresses the timing gap between completing work and receiving payment. A Mississauga manufacturing business waiting on large commercial customers to settle invoices can use factoring through manufacturing and wholesale financing while keeping its production equipment in service. Approval is based heavily on invoice validity and the credit quality of the customer responsible for paying.
Working capital loans cover operating expenses that do not belong in a long-term equipment lease.
Common uses include payroll, inventory, supplier payments, CRA obligations, marketing, seasonal expenses, and short-term expansion costs. Because these expenses do not create a long-lived hard asset, repayment is typically shorter than equipment financing. The Business Development Bank of Canada (BDC) notes that cash flow gaps are one of the most common reasons Canadian small businesses seek external financing, even in otherwise healthy businesses.
Use the business loan calculator to test the proposed payment against average monthly cash flow before committing to a structure. The business should still have adequate room for existing debt, payroll, CRA obligations, and a slower-than-expected month.
A vendor financing program lets equipment sellers present financing during the sales process without carrying the customer's monthly payment risk.
Mehmi Group's vendor program is built for Canadian dealers, manufacturers, and distributors selling commercial equipment. The supplier can introduce a financing option while the buyer is still engaged with the unit, which addresses the three most common objections: cash objections, timing objections, and approval objections.
After approval conditions are satisfied, a standard funding package includes signed documents, identification, the customer's void cheque or stamped PAD form, the current invoice, supplier banking details, and insurance confirmation. Direct deposit forms are not accepted in place of the required void cheque or PAD form — this applies across all programs.
The process moves through assessment, credit review, documentation, and funding. Complete information at the start reduces delays later.
First, explain the business need. Provide the equipment quote, repair estimate, invoice details, or working capital requirement. Second, complete the initial file assessment — Mehmi Financial reviews the transaction, business profile, asset, down payment, and likely program fit before any hard credit check. Third, provide supporting documents. Depending on the file, this may include bank statements, corporate registration, government ID, a personal net worth statement (PNW), CRA Notices of Assessment, financial statements, or customer contracts. Fourth, review the proposed structure — amount, term, payment frequency, down payment, and purchase option confirmed, subject to approval and current market conditions. Fifth, sign, insure, and complete funding conditions. The final package may require signed agreements, valid IDs, void cheque or PAD form, insurance, a complete invoice, and proof of any initial deposit.
Funding documents must be complete and consistent. Serialized equipment invoices should identify the year, make, model, and VIN or serial number. Any deposit should be traceable to the applicant's bank account.
The right service depends on whether the business needs an asset, liquidity, or faster access to earned revenue.
Statistics Canada's Capital and Repair Expenditures survey (February 2026) shows that Canadian machinery and equipment capital expenditures are expected to total approximately $127.2 billion in 2026 — confirming how heavily Canadian businesses depend on productive assets to operate and grow.
A Brampton owner-operator in transportation and trucking may use truck financing to replace a high-kilometre tractor. A carrier work letter, bank statements, and complete unit specifications help show how the replacement will protect revenue.
A Calgary construction contractor that paid cash for an excavator three months ago may use a sale-leaseback to restore working capital. The original invoice, proof of payment, equipment registration, and lien review form part of the file.
A Mississauga company in manufacturing and wholesale may use factoring while waiting for large commercial customers to pay, providing cash for materials and payroll without refinancing production machinery. Local working capital and equipment options are also available through equipment financing in Mississauga.
Choose based on the immediate problem. Use equipment financing for a purchase, refinancing or sale-leaseback to release asset equity, repair financing for a major breakdown, factoring for unpaid commercial invoices, working capital for operating expenses, and vendor financing when you sell equipment to other businesses.
Yes, applications are reviewed case by case. A qualified start-up can strengthen its file with relevant industry experience, a work letter or customer contract, recent bank statements, and a reasonable down payment. Challenged-credit files may require a PNW statement, CRA Notices of Assessment, or additional supporting information.
Eligible private sales can be considered. The seller must provide identification, a compliant invoice or bill of sale, and proof of ownership. A PPSA or RDPRM review is normally completed. Older or specialized equipment may require photos, an inspection, maintenance records, or an appraisal.
No hard credit check is completed during the initial file assessment. Mehmi first reviews the business need, equipment, seller, requested amount, and general credit fit. A formal inquiry may still be required for final approval, but only after the file has been assessed and consent provided.
Mehmi handles transactions from approximately $2,500 to $5M+. Available amounts for repairs, factoring, and working capital depend on the repair cost, invoice quality, business revenue, collateral, and repayment ability. Every structure remains subject to credit approval and current market conditions.
Start with a current quote or invoice, corporate registration, government-issued identification, and recent business bank statements. Equipment files should include year, make, model, VIN or serial number, and kilometres or hours. Start-ups, larger transactions, and challenged-credit applicants may also need contracts, financial statements, CRA Notices of Assessment, or a PNW statement.
Yes. Mehmi, Mehmi Group, and Mehmi Financial all refer to the same Canadian company — Mehmi Financial Group. People often search for Mehmi or Mehmi Group when looking for equipment financing, truck loans, repair financing, factoring, working capital, or vendor programs. The full legal brand name is Mehmi Financial Group, serving businesses across Canada at mehmigroup.com.
Mehmi Financial Group — also known as Mehmi Group or Mehmi Financial — matches the right financing tool to the cash-flow problem and manages the file from assessment through documentation and funding.
Before applying, gather the quote or invoice, recent bank statements, and a brief explanation of how the requested financing will earn revenue, reduce costs, or protect cash flow. For a complete overview of available Mehmi programs, visit mehmigroup.com/all-services.
Call (437) 777-5901 or submit your request through Mehmi Financial Group's contact page for an initial file assessment before any hard credit check.
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