McCloskey equipment financing and leasing helps Canadian aggregate, quarry, demolition, recycling, composting, roadbuilding, and site-development businesses acquire crushers, screeners, stackers, trommels, and washing systems without tying up major working capital. Mehmi Financial Group finances new and used McCloskey units through practical equipment financing in Canada structures that help preserve cash for fuel, operators, wear parts, hauling, repairs, and project mobilization.
McCloskey equipment is used across Canadian aggregate production, construction recycling, demolition, quarrying, composting, topsoil screening, roadbuilding, mining support, and material handling. McCloskey’s official product lineup includes mobile crushers, screeners, stackers, trommels, and washing systems, with applications across aggregates, mining, recycling, and site processing. A contractor may use a McCloskey jaw crusher for primary rock reduction, an impact crusher for recycled concrete and asphalt, a screener for topsoil or aggregate sizing, or a stacker to improve stockpile efficiency.
Financing or leasing often makes more sense than paying cash because McCloskey machines are productive but capital-heavy. A crushing or screening spread also needs loaders, trucks, fuel, wear parts, belts, jaws, screens, hydraulic service, transport, insurance, and repair reserves. Keeping cash available matters when payment from projects, pits, municipalities, or developers can lag behind operating costs. A clean established contractor replacing an older screener may qualify with a lower down payment, while a newer recycling operator adding its first crusher may need stronger credit, confirmed work, and more equity.
Tax treatment should also be reviewed. With a lease, the lender generally pays GST/HST at purchase and passes applicable tax through each lease payment, which may allow eligible registrants to claim input tax credits on the tax portion of payments. With a purchase, the business generally looks at capital cost allowance instead. A company comparing equipment leasing in Canada against ownership should speak with its accountant before funding.
Mehmi can consider financing for many McCloskey machines, including J Series jaw crushers, I Series impact crushers, C Series cone crushers, R Series screeners, S Series screeners, tracked and wheeled stackers, tracked and wheeled trommels, feeder stackers, washing systems, and related components. McCloskey describes its crushers as covering jaw, impact, and cone applications, while its screeners include R Series and S Series models built for high-output production in demanding conditions. McCloskey also lists trommels and stackers as part of its core product offering, including tracked and wheeled configurations.
McCloskey crushing, screening, and material-handling equipment generally falls under construction and material-handling approval logic, so age plus requested term should usually stay within 25 years, and lenders will be cautious near heavy-hour territory. A six-year-old McCloskey S Series screener with clean hours, dealer service records, and strong resale demand may support a stronger term than a 16-year-old private-sale impact crusher with missing records and worn components. Hours matter, but condition and documentation matter just as much.
Lenders review engine condition, hydraulics, undercarriage, crusher chamber, jaw plates, cone liners, impact bars, screen decks, belts, conveyors, frame condition, control systems, and whether the machine is immediately work-ready. A strong approval example would be an established aggregate contractor with five years in business, clean bank statements, 700+ credit, and a dealer quote for a late-model McCloskey screener replacing an older unit. A weaker example would be a startup buying an older private-sale crusher with limited service history; that file may still be possible, but expect a personal guarantee, stronger down payment, work contracts, photos, and a clean lien search.
A lender-ready McCloskey file should include a completed credit application, three to six months of original PDF bank statements, equipment quote or bill of sale, year, model, serial number, hours, photos, seller details, and a personal net worth statement for most files. Financial statements are usually required over $250,000, and files over $100,000 should include a credit write-up explaining the borrower, the asset, the use case, the repayment source, and whether the unit is replacing existing equipment or adding new capacity.
Clean dealer files can often be reviewed in 24–48 hours. Private sales, older crushers, full crushing spreads, high-hour machines, challenged credit, or missing equipment records can take three to five business days or longer. Private sales need extra diligence because the lender must verify seller identity, bill of sale, ownership chain, lien status, proof of payment flow, and machine condition. That is why private sale equipment financing in Canada should be packaged carefully before submission.
The five credit factors are practical. Character means bureau quality, clean payment history, and limited non-sufficient funds. Capacity means cash flow can support the payment even with seasonal production or project delays. Capital means down payment, retained cash, and net worth. Collateral means the McCloskey unit has acceptable age, hours, condition, configuration, and resale value. Conditions mean industry, time in business, purchase purpose, project pipeline, and whether the asset supports revenue immediately. Approval killers include severe wear, missing serial numbers, hidden liens, unsupported private-sale pricing, repeated non-sufficient funds, CRA arrears without a payment plan, unclear project pipeline, and asking for a long term on equipment that is too old or too high-hour for the requested structure.
Q: Can I finance used McCloskey equipment in Canada?
A: Yes, used McCloskey crushers, screeners, stackers, trommels, and washing equipment can be financed in Canada when the machine has acceptable age, hours, condition, ownership proof, and resale value. Lenders will look closely at wear components, engine condition, hydraulics, undercarriage, screen decks, conveyors, crusher chamber condition, service history, and whether the machine is work-ready. Older or high-hour units may still be financeable, but they usually need stronger down payment and better documentation. For broader guidance, review used equipment financing in Canada.
Q: What McCloskey models does Mehmi Financial Group finance?
A: Mehmi Financial Group can consider McCloskey jaw crushers, cone crushers, impact crushers, R Series screeners, S Series screeners, stackers, trommels, washing systems, and related aggregate or recycling equipment. Common examples include J Series crushers, I Series impact crushers, C Series cone crushers, S Series screeners, R Series screeners, tracked stackers, wheeled stackers, and tracked or wheeled trommels. Approval depends on the exact year, hours, condition, seller type, purchase price, and borrower strength. Businesses comparing repayment structures can also review equipment loans in Canada.
Q: How long does approval take?
A: A clean dealer McCloskey file with strong credit, complete equipment details, and original PDF bank statements can often be reviewed in 24–48 hours. Private sales, older crushers, high-hour machines, full crushing spreads, larger deals, or challenged-credit files usually take three to five business days because lenders need more collateral comfort. Files above $100,000 should include a credit write-up, and files above $250,000 commonly require financial statements. A pre-approved equipment financing review can help confirm borrowing strength before negotiating the final purchase.
Q: What documents do I need to apply?
A: You typically need a credit application, three to six months of original PDF bank statements, equipment quote or bill of sale, year, model, serial number, hours, photos, seller details, and a personal net worth statement. Larger McCloskey files may also need financial statements, work contracts, production estimates, inspection notes, or a written explanation of the revenue use. Private sales need extra documents such as lien search, seller verification, bill of sale, and proof of payment flow. Down payment expectations vary by credit tier, which is why the equipment financing down payment range should be reviewed early.
Q: Is leasing or buying McCloskey equipment better for my Canadian business?
A: Leasing is often better when the business wants to protect working capital, match payments to revenue, and keep cash available for fuel, wear parts, payroll, hauling, repairs, and mobilization. Buying can make sense when the company has strong liquidity, expects long-term use, and wants ownership from day one. For McCloskey crushers and screeners, the decision should consider utilization, maintenance costs, resale value, project backlog, seasonality, and whether the unit is replacing old equipment or adding new capacity. Mehmi helps compare the structure against the asset’s earning use rather than looking only at the monthly payment.
Q: How does goods and services tax or harmonized sales tax work on leased McCloskey equipment in Canada?
A: In most lease structures, the lender pays goods and services tax or harmonized sales tax at purchase and passes applicable tax through each lease payment. Eligible registrants may generally claim input tax credits on the tax portion of lease payments, while purchased equipment is usually handled through capital cost allowance. Provincial sales tax may apply to financed or leased equipment in British Columbia, Saskatchewan, and Manitoba, and Quebec sales tax applies in Quebec. For high-value crushing, screening, stacking, or washing equipment, the tax structure should be reviewed with an accountant before funding.
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