CANADA & UNITED STATES
Equip the jobsite.
Keep the next phase moving.
Explore financing for construction equipment, job materials and operating costs between project payments. Mehmi helps contractors assess the machinery and cash requirements behind the work.
Discuss your financing needsEquipment • Project costs • Cash flow
FINANCING THAT FITS THE OPERATION
An excavator purchase is a long-term commitment. Mobilization, materials and subcontractor payments are tied to a project schedule. Combining them without a clear repayment plan can make profitable work difficult to carry.
Start with the work secured, equipment utilization and payment milestones. Then allow for weather, delayed approvals and time between jobs. Compare ownership, leasing and operating funding against the cash the project is expected to produce.
Explore equipment financingEQUIPMENT FINANCING, EXPLAINED
Watch videoA general product introduction for Canadian and U.S. businesses.
START WITH THE BUSINESS NEED
Identify the constraint first. The right discussion starts with what you need to buy, when cash leaves the business and how it returns.
01 / EQUIPMENT
Match capacity and attachments to the work you perform.
02 / MOBILIZATION
Materials and crews may need funding before billing catches up.
03 / REPAIR
A failed machine can affect the whole project schedule.
ASSETS ACROSS THE OPERATION
Share the equipment make, model, age, price and location. Eligibility depends on the asset, seller, condition and proposed transaction.
Examples include a Caterpillar excavator, Bobcat skid steer or JLG telehandler. Asset age, hours, condition and commercial use are assessed individually.
Browse equipment categoriesCOMPARE THE PURPOSE, THEN THE TERMS
Use this as a starting point for discussion. Products can overlap, and availability depends on your business and location.
| Your objective | Option to explore | What to review |
|---|---|---|
| Acquire a heavy or specialist machine | Heavy equipment financing ↗ | Asset hours, condition, inspection and intended use. |
| Use equipment with an agreed end-of-term choice | Equipment leases ↗ | Total rentals, return or purchase conditions and residual exposure. |
| Cover a defined operating cash requirement | Working capital financing ↗ | Repayment capacity, payment frequency and total borrowing cost. |
| Access value in eligible unpaid B2B invoices | Invoice & freight factoring ↗ | Invoice verification, fees, reserves and responsibility if unpaid. |
| Address an eligible commercial equipment repair | Repair & breakdown financing ↗ | Itemized estimate, asset condition, downtime and repayment. |
| Assess capital tied up in owned equipment | Refinancing & sale-leaseback ↗ | Ownership, liens, valuation, existing debt and new obligations. |
Compare the complete proposal, including fees, guarantees, security, repayment obligations and any end-of-term amount.
ILLUSTRATIVE PLANNING EXAMPLE
A contractor mobilizes a crew, buys materials and brings equipment to site before receiving the first progress payment. A delay in billing approval can extend the cash gap without changing the contract value.
Build a project cash schedule that separates deposits, progress billings and any holdbacks. Identify which receipts are confirmed and how the business would meet obligations if the schedule slips.
This is a hypothetical scenario, not a Mehmi client result or financing offer.
FOLLOW THE CASH
Pay deposits, transport equipment and prepare the crew.
Submit the agreed progress documentation.
Apply received cash to costs and financing obligations.
A CLEARER APPLICATION
The review may consider the business’s track record, backlog, project margins, cash flow and existing obligations. Equipment applications also depend on asset details. Explain who pays you, how work is certified and what amounts remain subject to holdback or dispute.
A newer business may need additional evidence of experience, owner investment or contracted demand. No single factor guarantees an approval.
Start your financing request
The document list will vary with the request.
CANADA & UNITED STATES
Tell us where the business operates and where the equipment, inventory and customers are located. Cross-border activity can change the information needed for review.
CANADA
Specify your province and whether the quote is in CAD or another currency.
UNITED STATES
Specify the borrowing business, asset location and quote currency.
NEXT STEPS
01
Share your business location, requested amount and intended use.
02
Discuss the information requested and any proposal made available.
03
If approved and you choose to proceed, complete the agreed conditions.
PRACTICAL ANSWERS
Used equipment can be assessed, but there is no universal age or hour limit promised here. Provide make, model, serial number, hours, service history and condition. Valuation and remaining useful life may affect the structure.
That depends on the invoice and contract. Progress claims, uncertified work, disputed amounts and holdbacks may be treated differently from an accepted completed-work invoice. Provide the contract and billing details for review; do not assume all receivables qualify.
Ask for the complete equipment package to be assessed. List attachments, transport, installation and taxes separately. Their inclusion depends on the proposal and is not automatic.
Yes. Describe equipment purchases and operating costs separately, even if they form part of the same project. Each may require different documentation, security and repayment arrangements. Review the combined cash commitment before agreeing to multiple facilities.
Possibly, but the agreements must work together. Existing security interests, borrowing restrictions and required consents may affect a new arrangement. Share current balances and agreements early, and do not assume the same asset can support another facility without review.
The amount and timing depend on the business, product, documentation, verification and completion of approval conditions. Identify any purchase or project deadlines early. An application or financing discussion is not a commitment to fund.
GO A LITTLE DEEPER
Explore the documents, equipment questions and transaction details behind a financing request.
CANADIAN FINANCING GUIDE
Explore the considerations and preparation behind this financing topic.
CANADIAN FINANCING GUIDE
Explore the considerations and preparation behind this financing topic.
LET’S LOOK AT YOUR NEXT MOVE
Share your location, amount and purpose to begin a construction & contractors financing discussion.
Financing is subject to application review and approval. Availability, costs, terms and documentation vary by business, product and location. This page provides general information and is not a financing offer.