FANUC equipment financing helps Canadian manufacturers, machine shops, packaging companies, automotive suppliers, food processors, plastics producers, and industrial facilities acquire robots, computer numerical control systems, machining centres, and automation equipment without tying up operating cash. Mehmi finances new and used FANUC equipment through equipment financing in Canada, helping businesses preserve working capital while adding automation capacity.
FANUC equipment is used across Canadian production environments where automation, repeatability, labour efficiency, and uptime affect revenue. FANUC’s product range includes industrial robots, collaborative robots, computer numerical control systems, motion control, ROBODRILL machining centres, and broader factory automation solutions. FANUC Canada is based in Mississauga and provides computer numerical control systems, robotics, and factory automation support for Canadian manufacturers.
Financing can make more sense than paying cash because a FANUC automation project is rarely just one machine. A business may also need end-of-arm tooling, guarding, conveyors, fixtures, programming, integration, installation, training, spare parts, and commissioning. Using equipment leasing in Canada lets the business spread the cost over the useful life of the asset while keeping cash available for payroll, materials, inventory, tooling, and customer ramp-up.
From a Canadian tax perspective, leasing and buying are treated differently. Lease payments are generally expensed through the business, while purchased equipment is usually deducted over time through capital cost allowance. The lender typically pays goods and services tax or harmonized sales tax at purchase and passes applicable taxes through each lease payment, and registrants may be able to claim input tax credits. A practical approval example would be a five-year Ontario automotive supplier with clean bank statements, 700 credit, and an integrator quote for a FANUC robot cell. If the cell replaces manual handling and supports active customer work, the file may fit a 48-to-72-month structure with limited upfront cash.
FANUC financing can apply to new and used industrial robots, collaborative robots, ROBODRILL machining centres, computer numerical control systems, servo and motion-control equipment, robotic welding cells, palletizing systems, pick-and-place cells, machine-tending packages, vision systems, end-of-arm tooling, controllers, and integration packages. FANUC’s ROBODRILL is a high-speed vertical machining centre offered in short, standard, and long-bed models, while FANUC’s CRX collaborative robots are positioned as flexible, easy-to-program cobots with eight years of maintenance-free operation.
For underwriting, FANUC robots, ROBODRILL units, and factory automation equipment are usually treated as industrial and manufacturing equipment. A practical benchmark is that equipment age plus finance term should generally not exceed 25 years, with older or heavily used assets attracting shorter terms. Lenders will review model year, serial number, controller type, operating hours, payload, reach, axis configuration, safety package, integration scope, service history, seller credibility, and resale demand. FANUC’s Canadian support network is also relevant because local sales, service, support, and training improve lender comfort on specialized automation assets.
Mehmi may structure the file as equipment loans, lease-to-own financing, or a broader manufacturing and wholesale equipment financing package. A practical example would be a Quebec packaging company financing a FANUC robotic palletizing cell to reduce labour bottlenecks. Strong bank statements, a clear integrator quote, customer demand, service support, and a replacement or productivity-use case can strengthen approval; weaker credit or speculative expansion may require 10 to 25 percent down.
A strong FANUC financing file starts with a signed credit application, three to six months of original-PDF bank statements, equipment quote or invoice, model and serial number, year, controller details, robot payload or machine specifications, integration scope, vendor or integrator information, and a personal net worth statement for most owner-guaranteed files. Financial statements are usually required over $250,000, and a credit write-up is usually required over $100,000. Private sales need bill of sale, proof of payment, lien search, equipment photos, serial-number verification, seller ownership support, and often extra time before funding.
Clean dealer or integrator files can often be reviewed in 24 to 48 hours when the application, bank statements, and equipment details are complete. Private sales, auction units, older automation assets, challenged credit, or larger robotic-cell packages can take three to five business days. The five credit factors are character, capacity, capital, collateral, and conditions. Character means bureau quality, repayment history, and whether bank statements show non-sufficient funds. Capacity means cash flow versus the payment. Capital means down payment, retained cash, net worth, and homeownership. Collateral means the FANUC asset is identifiable, insurable, serviceable, and resaleable. Conditions mean industry, time in business, automation purpose, and whether the equipment supports real production demand.
A FANUC-specific approval killer is a used robot or machining centre with missing controller details, unknown hours, obsolete software, no service records, unclear integration costs, missing safety guarding, or a seller who cannot prove ownership. Canada Revenue Agency arrears without a payment plan, three or more non-sufficient funds in 24 months, or a requested term that is too long for the asset age can also weaken approval. Preparing a clean documents-needed checklist before applying helps prevent funding delays.
Q: Can I finance used FANUC equipment in Canada?
A: Yes, used FANUC equipment can be financed in Canada when the robot, controller, machining centre, or automation package is identifiable, serviceable, and properly documented. Lenders review age, hours, controller type, serial number, condition, integration scope, service history, seller credibility, and whether the equipment supports active production. Stronger borrowers may qualify with lower upfront cash, while challenged-credit files may need 10 to 25 percent down. Review down payment requirements for equipment financing in Canada for structure expectations.
Q: What FANUC models does Mehmi Financial Group finance?
A: Mehmi Financial Group can review financing for FANUC industrial robots, CRX collaborative robots, ROBODRILL machining centres, computer numerical control systems, servo equipment, controllers, robotic welding cells, machine-tending systems, palletizing cells, vision systems, tooling, and integration packages. Approval depends on age, condition, documentation, seller quality, operating hours, controller details, and business use. Dealer or integrator-supplied equipment with clear invoices is usually easier to fund than older private-sale automation equipment with limited records.
Q: How long does approval take?
A: Clean dealer or integrator files can often be reviewed within 24 to 48 hours when the application, bank statements, quote, and equipment details are complete. Private sales, auction equipment, larger automation cells, or bruised-credit files can take three to five business days. Lenders may ask for photos, lien search results, insurance confirmation, serial-number verification, integration details, or a credit write-up. A pre-approval checklist can help organize the file before a production deadline.
Q: What documents do I need to apply?
A: Most FANUC financing applications need a credit application, three to six months of original-PDF bank statements, equipment quote or invoice, serial number, model year, controller details, equipment specifications, integration scope, and a personal net worth statement for most owner-guaranteed files. Financial statements are usually required over $250,000, and a credit write-up is usually required over $100,000. Private sales also need bill of sale, lien search, proof of payment, photos, and seller ownership details. See equipment financing requirements in Canada for broader qualification guidance.
Q: Is leasing or buying FANUC equipment better for my Canadian business?
A: Leasing is often better when the business wants to preserve cash and match payments to production output or automation savings. Buying may be better when the company has strong cash reserves and wants full ownership immediately. For FANUC automation, leasing can be useful because tooling, guarding, programming, integration, training, and installation can create major cash demands around the equipment purchase. If the business already owns valuable automation or manufacturing equipment and needs liquidity, refinancing or sale-leaseback may also be reviewed.
Q: How does goods and services tax or harmonized sales tax work on leased FANUC equipment in Canada?
A: On leased FANUC equipment, the lender typically pays goods and services tax or harmonized sales tax at purchase and passes applicable taxes through each lease payment. Registrants may be able to claim input tax credits on those payments, subject to their accountant’s advice. Provincial sales tax may apply in British Columbia, Saskatchewan, and Manitoba, while Quebec sales tax applies in Quebec. The right structure should be reviewed before signing because tax treatment depends on lease type and province.
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