Madill
Explore & Source Quality Equipment Across Canada. Whether you're exploring our inventory of pre-owned trucks and heavy machinery or sourcing equipment through a private sale, we help you secure the best deals and handle transactions smoothly, safely, and competitively with our dealer network.
Mehmi Financial Group helps businesses finance and lease Madill equipment, including harvesters, in Canada and the USA. As a brokerage, we compare options from banks, equipment finance companies and alternative lenders for new and used Madill units, from dealer purchases to private sales. Approval, rates and terms are set by each lender.
About Madill
Madill is a forestry equipment brand born in British Columbia. It built swing yarders, tower yarders and log loaders, and many loggers favour its earlier Nanaimo-built machines, according to Forestnet and Wheeler Equipment.
Madill equipment
Madill yarders, loaders, feller bunchers and processors are used in coastal and interior logging.
How lenders view this equipment
Yarders and loaders are specialized, high-value forestry assets. Lenders review hours, condition, the logging contracts and cutting rights, and dealer support.
Financing Madill equipment
Forestry lenders handle these deals. Inspections are important on older machines.
How Madill equipment financing works
Most Madill purchases are financed with an equipment loan or a lease. A loan gives you ownership from day one, with the lender registering a security interest (PPSA in Canada, UCC in the USA). A lease keeps title with the lessor and can lower the monthly payment, with a buyout, renewal or return option at the end.
Madill equipment we help finance
Financing Madill harvesters
Harvesters (forestry or crop) are specialized machines. Lenders look at hours, head condition and the cutting rights, contracts or acreage behind the purchase. Because fewer lenders specialize in these assets, comparing several lenders matters more than usual.
Madill harvesters on our eligible equipment list include Madill 3800 Harvester.
What lenders check on a Madill harvester
Lenders look at hours, component condition and the contracts or cutting rights behind the work. Forestry equipment is specialized, so lender appetite and terms vary more than for general construction machines.
Expect to provide a credit application, recent business bank statements, the dealer quote or bill of sale with serial number and hours, and financial statements or tax returns for larger amounts.
See the full list of eligible equipment, compare equipment financing options, or estimate payments with the equipment financing calculator.
All Madill models with financing pages
| Model | Type | Category |
|---|---|---|
| Madill | Equipment | Forestry |
| Madill 122 Grapple Yarder | Equipment | Forestry |
| Madill 124 Grapple Yarder | Equipment | Forestry |
| Madill 3800 Harvester | Harvester | Forestry |
Tax treatment of Madill equipment
In Canada, the CCA class depends on the asset and how it is used. Your accountant can confirm the right class. With a loan, you generally claim capital cost allowance and deduct interest. With a true operating lease, lease payments are generally deductible instead. See the CRA classes of depreciable property. In the USA, Section 179 and bonus depreciation may apply; see IRS Publication 946. Always confirm with your accountant.
End-of-term options on a Madill lease
A $1 buyout lease is built for ownership: you keep the machine for a nominal amount at the end. A fair market value lease usually has a lower payment, and at the end you can buy the equipment at its market value, return it or upgrade. Read the return conditions, such as hour limits and wear standards, before you sign.
Who finances Madill equipment
Forestry: logging contractors, sawmills, land-clearing firms, road builders in resource areas and forestry service companies finance Madill equipment to take on new work, replace aging units or add capacity.
The right structure depends on how the equipment earns money. A machine tied to a long contract can support a longer term, while seasonal work may call for skip or seasonal payments that some lenders offer.
Questions to ask the dealer or seller before you finance
- What is the exact model year, serial number and hours?
- Is there a service history or recent inspection report?
- Is any warranty or extended coverage included, and does it transfer?
- Are attachments, delivery, installation and taxes itemized on the quote?
- For a private sale, is the equipment free of liens, and who will provide the bill of sale?
Insurance on financed Madill equipment
Lenders and lessors require the equipment to be insured for its replacement or financed value, with the lender named as loss payee, before funding. Some also ask for liability coverage. Getting an insurance quote early avoids last-minute delays.
Frequently asked questions
Can I finance a used Madill yarder?
Yes, through lenders that understand forestry.
Is Madill a BC brand?
Yes. Madill was born in British Columbia.
Do lenders need logging contracts?
Contracts strengthen the application.
Is an inspection needed on older Madill machines?
Often yes.
Can payments be seasonal?
Some forestry lenders offer seasonal payments.
Can a Madill log loader be financed?
Yes. Lenders review hours and condition.
.svg){kind=small}