Videojet equipment financing and leasing helps Canadian food processors, beverage producers, pharmaceutical manufacturers, packaging companies, industrial goods producers, and logistics operations acquire coding, marking, printing, and labelling systems without draining working capital. Mehmi finances new and used Videojet continuous inkjet printers, laser marking systems, thermal transfer overprinters, thermal inkjet printers, large character printers, and print-and-apply labelling systems through equipment financing in Canada and manufacturing and wholesale financing.
Videojet equipment is used on Canadian production and packaging lines where product identification, date coding, batch traceability, barcodes, expiry dates, lot numbers, and regulatory markings need to be accurate and repeatable. Videojet describes its coding equipment as capable of printing and marking directly on glass, plastic, metal, flexible film, corrugate, cartons, cases, and other packaging materials, with applications across product packaging and industrial goods.
Financing Videojet equipment can make more sense than paying cash because a coding or labelling upgrade is usually part of a larger production-line need. A food processor replacing unreliable date coders may also need installation, conveyors, integration, operator training, inks, ribbons, service plans, and packaging changeover support. Preserving cash helps the business keep capital available for inventory, payroll, maintenance, raw materials, and seasonal production spikes.
A strong Gold or Prime borrower with 5+ years in business, 700+ credit, clean bureau history, homeownership, and strong trade lines may qualify with 0–5% down. Silver files may need 5–10% down, while Bronze or Sub-Prime files should expect 10–25% down. With equipment leases, payments may generally be treated as business expenses, and goods and services tax or harmonized sales tax registrants may claim input tax credits on eligible tax paid through lease payments. With a purchase or loan, the business usually claims capital cost allowance over time.
Mehmi can review financing for new and used Videojet continuous inkjet printers, laser marking systems, thermal transfer overprinters, thermal inkjet printers, large character marking systems, case coders, print-and-apply labellers, date coders, barcode printers, packaging-line marking systems, software, controllers, stands, mounts, sensors, and related integration costs. Videojet lists continuous inkjet, laser marking, thermal transfer overprinting, thermal inkjet, large character marking, labelling, and case coding as part of its coding and marking technology range.
Standard terms are usually 24–84 months, but lenders may shorten the term for older printers, unsupported systems, heavy-use production equipment, private-sale units, or assets with limited resale demand. For Videojet equipment, underwriters look at model, age, condition, serial number, controller type, service history, consumable compatibility, software support, production environment, and whether the machine is installed in a revenue-critical line. A newer dealer-supplied Videojet laser marker or continuous inkjet printer with service records and clean invoice support is stronger than an older private-sale unit with missing accessories or unclear ownership.
A practical example would be a 9-year Ontario food manufacturer replacing outdated date coders with Videojet continuous inkjet printers and print-and-apply labelling equipment. If bank statements are clean, deposits are stable, and the equipment supports traceability requirements, the file may support a longer term and lower down payment. If the unit is older, heavily used, or bought privately, the lender may ask for more down payment and a shorter term. Ownership-focused buyers may prefer a fixed-term equipment loan.
A lender-ready Videojet file should include a credit application, 3–6 months of original PDF bank statements, quote or invoice, model and serial details, production-line purpose, seller information, integration quote, and a personal net worth statement for most files. Financial statements are usually required over $250K, and a credit write-up is important over $100K. The write-up should explain what the coding system does, where it sits in production, whether it is replacement or expansion equipment, and how the payment fits cash flow.
Clean dealer files can often be reviewed in 24–48 hours. Private sales, challenged credit, older systems, missing service records, software questions, or larger packaging-line projects can take 3–5 business days because lenders may need a bill of sale, proof of ownership, lien search, proof of payment, photos, serial numbers, and seller verification. Used Videojet equipment bought privately should be packaged through private sale equipment financing before funds move.
Approval comes down to character, capacity, capital, collateral, and conditions. Character is bureau quality, repayment history, and whether bank statements show repeated insufficient funds activity. Capacity is whether cash flow supports the payment after payroll, rent, supplies, utilities, debt, and taxes. Capital is the down payment and owner net worth. Collateral is the Videojet system’s age, condition, serviceability, software support, completeness, and resale value. Conditions include industry, time in business, traceability needs, replacement versus addition, and whether the system protects production uptime. Approval killers include missing serial numbers, unsupported software, unclear seller ownership, repeated insufficient funds items, tax arrears without a payment plan, or an older coding system stretched over too long a term.
Q: Can I finance used Videojet equipment in Canada?
A: Yes, used Videojet equipment can be financed in Canada when the printer, marker, or labelling system is identifiable, serviceable, and supported by proper documents. Lenders will review model age, condition, serial number, controller type, service records, consumable compatibility, and seller credibility. Used dealer purchases are usually easier than private sales because documentation and ownership verification are cleaner. For private purchases, review used equipment private seller financing before sending funds.
Q: What Videojet models does Mehmi Financial Group finance?
A: Mehmi Financial Group can review Videojet continuous inkjet printers, laser marking systems, thermal transfer overprinters, thermal inkjet printers, large character printers, case coders, print-and-apply labellers, controllers, stands, sensors, and software-connected coding systems. Approval depends on the model, age, condition, serviceability, documentation, and resale demand. Videojet notes that continuous inkjet is commonly used for flat and curved surfaces, while laser marking can create durable marks for traceability and brand protection. Larger production-line projects may also pair with equipment refinancing and sale-leaseback if the business already owns valuable equipment.
Q: How long does approval take?
A: Clean Videojet dealer files with complete documents, strong credit, and clear invoices can often be reviewed in 24–48 hours. Private sales, older printers, challenged credit, software questions, or transactions over $250K may take 3–5 business days. Delays usually happen when bank statements are not original PDFs, serial numbers are missing, or the seller cannot prove ownership. A pre-approved equipment financing review can help confirm buying power before the business commits to a coding or marking system.
Q: What documents do I need to apply?
A: Most Videojet financing files need a credit application, 3–6 months of original PDF bank statements, quote or invoice, model and serial information, equipment photos, production-line details, ownership information, and a personal net worth statement. Financial statements are usually required over $250K, and a credit write-up is important over $100K. Private sales need bill of sale, proof of ownership, proof of payment, lien search, and seller verification. A practical equipment financing documents checklist can reduce funding delays.
Q: Is leasing or buying Videojet equipment better for my Canadian business?
A: Leasing is often better when the business wants lower upfront cash use, predictable payments, and flexibility as packaging, traceability, or labelling requirements change. Buying may be better when long-term ownership, capital cost allowance planning, and full control over the equipment matter more. The right structure depends on credit strength, down payment, equipment age, production use, service support, and monthly payment comfort. Reviewing down payment requirements for equipment financing helps set realistic expectations before applying.
Q: How does goods and services tax or harmonized sales tax work on leased Videojet equipment in Canada?
A: In many lease structures, the lender pays applicable goods and services tax or harmonized sales tax at purchase and passes the tax through each lease payment. Registrants may generally claim input tax credits on eligible tax paid through lease payments, subject to accounting advice. Provincial sales tax may apply in British Columbia, Saskatchewan, and Manitoba, while Quebec sales tax applies in Quebec. Mehmi can help compare the cash-flow effect of tax paid upfront on a purchase versus tax paid gradually through lease payments.
