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 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)
Use equipment financing to acquire assets, refinancing or a sale-leaseback to release equity, repair financing to keep an income-producing unit working, factoring to turn approved invoices into cash, working capital for operating costs and vendor financing to help customers buy. Mehmi coordinates the file from assessment through documentation and funding.
Mehmi matches the financing structure to the business’s actual need. A company buying an excavator should not be placed in the same product 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 serves businesses across Canada in English and French, with equipment transactions ranging from $2,500 to $5 million+. (Mehmi Financial Group)
Programs are available for established companies, growing businesses, challenged-credit applicants and qualified start-ups. Final amounts, terms and down payments are subject to credit approval, asset quality and current market conditions.
Equipment financing and leasing help a business acquire a productive asset without paying the entire cost upfront. Mehmi’s equipment financing and leasing options can be used for new or used machinery, tools, technology and other identifiable commercial equipment.
Common structures include:
The best option depends on how long the asset will remain useful, whether ownership is important and how much cash the business wants to preserve. Use the loan-versus-lease comparison calculator before choosing a structure, and review this Canadian equipment leasing guide for a deeper explanation. (Mehmi Financial Group)
Truck and trailer financing is designed around commercial vehicles, carrier revenue and equipment condition. Mehmi’s truck and trailer financing service can support eligible Class 1–8 trucks, highway tractors, vocational units, dry vans, reefers, flatbeds, lowboys and specialized trailers.
For a business 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 replacement. New, used and eligible private-sale equipment can be considered. (Mehmi Financial Group)
A start-up trucking file usually needs more than a credit application. A work letter or carrier contract, proof of relevant experience, bank statements and complete truck or trailer specifications can help show how the payment will be supported.
Refinancing and sale-leasebacks turn equipment equity into working capital while the business keeps using the asset. Through equipment refinancing and sale-leaseback, proceeds may be used for payroll, growth, repairs, debt consolidation or seasonal expenses.
Refinancing normally 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 invoice, proof of payment, ownership evidence, equipment details and a satisfactory PPSA review—or an RDPRM review in Quebec.
Use the refinancing calculator to estimate possible proceeds and payments before using equipment equity. The available amount depends on supported market value, existing debt, asset condition and credit approval. (Mehmi Financial Group)
Commercial repair financing covers major work needed to return revenue-producing equipment to service. The commercial repair financing program can help with engine rebuilds, replacements, transmissions, tires, parts, warranties and other eligible commercial repairs.
This option can prevent a business from draining its operating account or leaving an income-producing unit parked. Approved funds are generally directed to the repair facility, and the repair quote must clearly identify the asset, work being completed and total cost. (Mehmi Financial Group)
Repair invoices can also strengthen future equipment financing applications. For example, a documented engine rebuild may help explain why a high-kilometre truck still has a reasonable remaining useful life.
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 receives the remaining balance, less applicable charges, after the customer pays.
Invoice and freight factoring can be useful for transportation companies paying fuel and driver costs or manufacturers and wholesalers buying materials for the next order. It is based heavily on invoice validity and the credit quality of the customer responsible for paying. (Mehmi Financial Group)
Factoring is not equipment financing. It addresses the timing gap between completing work and receiving payment.
Working capital financing covers operating expenses that do not belong in a long-term equipment lease. Common uses include payroll, inventory, supplier payments, taxes, marketing, seasonal expenses and short-term expansion costs.
Through Mehmi’s business and working capital financing options, the structure can be matched to the amount, use of funds and expected repayment period. Because these expenses do not create a long-lived hard asset, repayment is often shorter than equipment financing. (Mehmi Financial Group)
Use the business loan calculator to test the proposed payment against average monthly cash flow. The business should still have enough room for CRA obligations, existing debt, payroll 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’s vendor financing program is built for Canadian dealers, manufacturers and distributors selling commercial equipment.
The supplier can use a co-branded or white-label application while Mehmi handles the credit review, documents and funding process. This lets the sales representative discuss an estimated monthly payment alongside the cash price. (Mehmi Financial Group)
After approval conditions are satisfied, a standard funding package generally includes signed documents, identification, the customer’s void cheque or stamped PAD form, the current invoice, supplier banking details and insurance. Direct-deposit forms are not accepted in place of the required void cheque or PAD form.
The process moves through assessment, credit review, documentation and funding. Complete information at the start reduces back-and-forth later.
Funding documents must be complete and consistent. Serialized equipment invoices should identify the year, make, model and VIN or serial number, while 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 estimates that Canadian machinery and equipment capital expenditures will total approximately $127.2 billion in 2026, showing how heavily businesses depend on productive assets. (Statistics Canada)
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 would form part of the file.
A Mississauga company in manufacturing and wholesale may use factoring while waiting for large commercial customers to pay. This provides cash for materials and payroll without refinancing the production machinery.
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 personal net worth statement, CRA NOAs 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, and 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 approval, but it occurs after the file has been assessed and consent has been provided. (Mehmi Financial Group)
Mehmi handles equipment transactions from approximately $2,500 to $5 million or more. 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. (Mehmi Financial Group)
Start with a current quote or invoice, corporate registration, government-issued identification and recent business bank statements. Equipment files should include the year, make, model, VIN or serial number, kilometres or hours. Start-ups, larger transactions and challenged-credit applicants may need contracts, financial statements, CRA NOAs or a PNW.
Mehmi’s role is to select the right financing tool for the cash-flow problem and manage the file through approval, 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.
Call (437) 777-5901 or submit your request through Mehmi Financial Group’s contact page for an initial assessment before any hard credit check.
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