Mehmi Financial specializes in manufacturing equipment financing, including the Radial Drill. Avoid the upfront capital hit with a structured lease or loan and keep your business growing without interruption.
The Radial Drill is a high-performing asset widely financed by Canadian manufacturing businesses through Mehmi Financial Group. Whether purchasing new or sourcing a quality used unit, our lender network provides competitive rates and flexible structures.
Financing the Radial Drill allows Canadian operators to preserve working capital, maintain tax efficiency through lease deductions, and scale equipment without large lump-sum payments.
Both new and late-model used Radial Drill units are eligible for financing. Used units typically require documentation of hours, condition, and service history. Terms of 24–84 months are available depending on equipment age and value.
Yes. Used Radial Drill units are commonly financed depending on age (typically under 10–14 years), condition, and documentation. Rates may be slightly higher than for new units.
Terms range from 24 to 84 months. Shorter terms mean higher payments but less total interest; longer terms reduce monthly payments and improve cash flow.
Down payments vary by lender and applicant profile. Some programs offer zero-down options for strong credit applicants. A 10–20% down payment is common.
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