Extended Warranty Financing

Your factory warranty won't last forever — and neither will your luck without coverage. Finance OEM extended warranty protection from $7,500, so you can protect your truck and manage costs without paying the full amount upfront.

Truck available for lease in Canada

What Is Extended Warranty Financing?

Finance the protection. Keep operating with confidence.
Extended warranty coverage is one of the smartest ways to protect a commercial truck — but paying for it all at once isn't always realistic. Extended warranty financing lets you lock in OEM protection for your truck without paying the full contract cost upfront. Instead, the warranty is financed into manageable monthly payments, and we pay the warranty provider directly once your file is approved.

This applies to qualifying OEM extended warranty contracts on commercial trucks and equipment — giving you coverage for major components and costly breakdowns for a predictable monthly cost.
  • Funds paid directly to the warranty provider
  • No down payment required
  • Manageable monthly payments tied to the length of your coverage
  • Financing from $7,500 for qualifying warranty contracts

Extended Warranty Financing Benefits

Protect the truck. Control the costs.
A major unexpected breakdown can be just as damaging to your cash flow as the repair itself. Extended warranty financing lets you lock in coverage now and spread the cost over time — so you're protected against costly surprises without sacrificing the operating capital you need to keep running.
With Mehmi Extended Warranty Financing, You Can:
  • Drive with confidence knowing major components and costly breakdowns are covered
  • Preserve cash for fuel, insurance, and payroll instead of paying for coverage upfront
  • Lock in OEM warranty protection before your current coverage expires
  • Stay in control of future operating costs with predictable monthly payments
  • Pay off the balance early any time, with no penalty
Ideal If You Want To:
  • Add warranty protection after your original coverage has expired or is about to
  • Avoid an unexpected five- or six-figure repair bill with no coverage in place
  • Keep a truck earning without the financial risk of running without protection

Why Choose Mehmi for Extended Warranty Financing?

At Mehmi Financial Group, we know that as trucks age and replacement cycles get longer, running without warranty coverage becomes a bigger and bigger risk. Extended warranty financing gives Canadian owner-operators and fleets a responsible way to protect their investment with manageable payments — without giving up the liquidity they need to keep the business moving.

We don't report your account to the credit bureaus unless a default leads to collections, so financing your warranty doesn't show up as new debt in the normal course of repayment. And because this is commercial financing, interest may be tax-deductible if you file as a business — confirm the details with your accountant.
  • Extended warranty financing from $7,500
  • Payment terms set at half the length of your warranty coverage, up to 24 months
  • We consider bank-declined files and challenged credit profiles, not just credit score alone
  • Transparent terms — a flat admin fee, no other hidden costs
Finance Smarter — Extended Warranty Made Easy

Protect your truck against costly future breakdowns without tying up the cash you need for fuel, insurance, and payroll. We review your warranty contract and your business to get you a decision fast.

Extended warranty financing from $7,500

No down payment required

Conditional approval often within 1 business hour

No early payout penalty (open loan)
Get Started

Who Qualifies for Extended Warranty Financing?

You’re likely a strong match if:

  • You have a warranty contract or quote of $7,500 or more
  • Your truck or equipment is commercially active and eligible for extended OEM coverage
  • You have steady job or business history and 650+ credit score

Even with a lower credit score or shorter history, you may still qualify — strong cash flow or a cosigner can help strengthen an application. We typically look for a credit profile in the 650+ range, but we'll also weigh the full picture of your file.

Apply now

3 Steps. No Surprises.

The Mehmi Financial Group experience is simple, quick, and built around your warranty coverage — not just your credit score.

Get your extended warranty quote or contract

From your dealer or warranty provider — whether you're looking to add coverage before your factory warranty expires or protect a truck you've been running without it.

Get In Touch

Send us the warranty contract details and your business information, and we'll let you know what else we need.

Get Approved

Most files get a conditional decision within one business day, with funds paid directly to your warranty provider once approved.

Extended Warranty Financing vs Credit Card vs Cash: What's Right for Your Business?

Feature Extended Warranty Financing Credit Card Cash
Cost of Borrowing About 1.5%/month on the declining balance — averaging just over 10% annually Typical Canadian card rates run about 19.99%–25.99% if a balance is carried No interest, but ties up working capital
Upfront Cost No down payment required Uses available card limit Full warranty cost paid immediately
Where Funds Go Paid directly to your warranty provider Charged to your card at point of sale Paid directly from your account
Early Payout No early payout penalty (open loan) N/A N/A
Impact on Credit Not reported to credit bureaus unless an account defaults Reduces available credit, may affect utilization No credit impact, but reduces cash reserves
Tax Treatment Interest may be tax-deductible for commercial use* Interest typically not deductible on personal cards N/A
Financing your extended warranty at 1.5%/month on a declining balance costs significantly less than carrying that same amount on a credit card at typical Canadian rates — and it keeps your operating cash free for fuel, payroll, and the road ahead.

*Tax benefits depend on structure and jurisdiction. Always consult your accountant.

FAQ: Got Questions? We’re Straightforward.

Can I get approved with bad credit or a limited credit history?

Yes. Mehmi Financial Group reviews extended warranty financing applications from a wide range of credit profiles, including bank-declined files and businesses rebuilding after a setback. Strong cash flow or a cosigner can help strengthen a file.

How fast can I get approved and funded?

Most files get a conditional decision within one business day once your warranty contract and documents are submitted. Once approved, we pay your warranty provider directly.

Do you pay the warranty provider directly, or do I get the funds?

We pay the warranty provider directly once approval and final documentation are complete. That keeps the contract connected to your coverage and gets your protection activated without you covering the cost yourself first.

Do I need a down payment?

No. Extended warranty financing through Mehmi requires no down payment, so you can lock in your coverage without paying anything upfront.

What size of warranty contract qualifies?

Extended warranty financing typically starts at $7,500. Payment terms are set at half the length of your warranty coverage, up to a maximum of 24 months — so a 48-month warranty would have a maximum financing term of 24 months.

Can I pay off the balance early?

Yes. This is an open loan, so you can pay it off in full or in part at any time with no early payout penalty.

Can I still get extended warranty financing if my factory coverage has already expired?

Yes — as long as your truck or equipment is still eligible for an OEM extended warranty contract, we can review your file. Get in touch and we'll walk you through the options.

Trusted by Businesses
Across Canada

1 business hour — Typical conditional approval time
650+ Credit — Considered, with cosigners and asset value also reviewed
Serving Canada nationwide

All of Our Commercial Repair Financing Services

Finance the repair or accessory. Keep the truck, trailer or heavy equipment earning.

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