Build capacity without draining cash
Wheel loaders are core to Canadian construction, aggregates, snow operations, waste, and municipal services. Tying up cash in iron slows growth; smart financing keeps liquidity for fuel, payroll, and materials while you mobilize fast. Mehmi sells equipment directly and structures approvals through our in-house and partner network, so your file moves from quote to funding without friction. Start with equipment financing and model scenarios in the calculator.
See sector context on Construction & Contractors and our construction equipment expertise.
What we finance
Compact, mid, and production wheel loaders; waste-handlers; high-lift and XR configs; plus attachments: buckets (GP/4-in-1/high-dump), quick couplers, forks, plows/pushers, scales, telematics. Confirm on Eligible Equipment. If buying from us directly, check inventory.
Your financing options (and when each wins)
| Structure |
Ownership Path |
Monthly Cash Flow |
Best For |
Key Advantage |
Learn More |
| Equipment Loan |
Title in your name |
Moderate (fixed amortization) |
Loaders you’ll keep 7–10 years |
Build equity + CCA depreciation |
Loans |
| Equipment Lease |
Use now; buyout/return at term |
Lower (residual reduces payment) |
Faster refresh or tech upgrades |
Cash-flow friendly with options |
Leases |
| Equipment Line of Credit (E-LOC) |
Draw per unit/attachment |
Flexible; interest on draws only |
Staggered deliveries; multi-unit years |
Add iron without re-applying |
E-LOC |
| Refinancing / Sale-Leaseback |
Sell owned; lease back |
Replaces ownership with payment |
Unlock equity for deposits/payroll |
Immediate liquidity |
Sale-Leaseback |
| Asset-Based Lending |
Borrow on assets/AR |
Liquidity buffer |
Materials, subs, fuel |
Pairs with equipment facility |
ABL |
| Working Capital Loan |
Unsecured/secured term cash |
Short-to-mid term |
Mobilization, insurance, tires |
Smooths seasonal swings |
Working Capital |
| In-House Financing |
Mehmi-placed approvals |
Case-by-case |
Startups/unique files |
Flexible underwriting |
In-House |
Buying via private sale? We can secure title with Conditional Sales Contracts. Some borrowers may also benefit from CSBFP (lender-fit required).
What actually moves approvals in 2025
- Time in business & credit depth: Established contractors earn sharper pricing and longer terms. Startups can still qualify with LOIs/contracts, a sensible contribution, and In-House Financing.
- Asset profile: Hours, tire/axle condition, hydraulic health, telematics history, and bucket/coupler package affect term and residual viability.
- Project pipeline: Bid awards, MSAs, and POs de-risk the file and support lower down.
- Cash position: If deposits and crew ramp will be tight, a sale-leaseback on owned iron can fund the down payment.
- Insurance & safety: Binder ready, plus a maintenance plan, speeds funding.
Model payments like a pro
Use the calculator to compare apples-to-apples:
- Term testing: 48/60/72 months to balance monthly affordability vs. total interest.
- Lease residuals: Add a practical buyout (e.g., 10%) to lower payments if you refresh on a five-year cadence.
- Bundle attachments: Roll buckets, coupler, scales, and plow into the amount so cash stays on site.
- Stage deliveries: Expecting multiple units? Price an E-LOC and draw per delivery.
Loader-specific factors that change the math
| Loader Class |
Typical Hold |
Financing Nuance |
Notes for Resale/Uptime |
| Compact |
5–8 years |
Leases common for refresh cycles |
Tire wear, quick coupler, forks add value |
| Mid-Size |
6–9 years |
Loan or lease depending on utilization |
Hydraulic performance and hours drive price |
| Production |
7–10 years |
Loans favored for long holds |
Telematics/maintenance records command terms |
Documentation checklist for a 24–48h decision
- Government ID, void cheque, business registration/HST
- 3–6 months bank statements (personal if startup)
- Unit specs (year, hours, make/model/SN), photos, service logs
- Attachment list and quotes
- Insurance broker contact and target bind date
- Contract/LOI or pipeline summary
Contact Us and our credit analysts will structure the most competitive path.
Case study: winter push, spring build, no cash crunch
Profile: Atlantic contractor handling municipal snow plus a spring subdivision.
Need: One mid-size loader with high-dump bucket for winter routes, plus forks and coupler for spring materials handling.
Constraints: Preserve cash for salt, fuel, and crew ramp; deliveries 45 days apart.
Structure we built:
- Lease on the loader with a 10% buyout to reduce monthly burden in winter.
- Roll attachments into the same contract.
- E-LOC for the spring coupler/forks draw.
- Sale-leaseback on an older skid steer to fund insurance and deposits.
Outcome: Loader delivered pre-season, cash buffer intact, and total monthly obligation ~11% lower than an all-loan plan. After clean performance, the client refinanced the buyout on improved terms.
FAQs: Wheel loader financing in Canada
Do you finance used loaders and attachments?
Yes—subject to age/condition and supporting documentation. Start at Eligible Equipment and browse inventory.
Is leasing cheaper than a loan?
Leasing usually lowers the monthly via a residual; loans may minimize total interest if you’ll keep the loader long-term. Compare both in the calculator.
Can a startup get approved with low down?
Often, yes—with LOIs/contracts, clean banking, and the right structure. Ask about In-House Financing.
Can you bundle attachments into the financing?
Typically yes—buckets, couplers, scales, forks, and plows can be rolled into loans or leases.
What if I’m buying via private sale?
We can secure transfer and lien with Conditional Sales Contracts.
How fast is funding?
With a complete package, many approvals turn in 24–48 hours, subject to credit and asset review. Start via Contact Us.
Ready to price your loader? Run scenarios in the Equipment Financing Calculator, compare Loans vs Leases, stage deliveries with an E-LOC, or unlock equity with Sale-Leaseback. Feel free to contact our credit analysts—Mehmi sells equipment directly and can finance it on terms that fit your workload and seasonality.
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