What Is Heavy Equipment Financing?

Heavy equipment financing helps your business purchase or refinance large, capital-intensive assets such as excavators, bulldozers, cranes, or CNC machines.
Instead of paying upfront, you make manageable monthly payments while keeping cash available for payroll, materials, and growth.

‍With Mehmi Heavy Equipment Loans, You Can:

Own or lease essential machinery from day one
Choose fixed or flexible repayment terms
Preserve working capital for operations
Finance new, used, or private-sale units
Build equity and long-term asset value

Heavy Equipment Loan Benefits

Build equity. Control your fleet. Scale your operations.

A heavy equipment loan helps your business secure the excavators, loaders, cranes, or CNC machines you need — without draining your cash reserves. You’ll own the equipment outright while preserving working capital for payroll, fuel, and ongoing projects.

With Mehmi Heavy Equipment Financing, You Can:

Own your excavator, CNC machine, or loader from day one
Choose fixed or flexible repayment terms
Access competitive rates across all credit tiers
Build long-term asset value for your balance sheet

Ideal If You Want To:

Invest in your own construction or industrial equipment instead of renting
Improve cash flow without giving up ownership
Build equity to refinance or expand later

Why Choose Mehmi for Heavy Equipment Financing?

At Mehmi Financial Group, we specialize in fast, flexible financing for construction and industrial businesses across Canada. Whether you’re upgrading your fleet of yellow iron, adding a new CNC line, or refinancing high-value machinery — we make the process simple, quick, and tailored to your project timeline.

Our team understands that timing matters on job sites and in production. That’s why we offer new, used, and private-sale heavy equipment loans, with approval options for startups, growing contractors, and established manufacturers.

We’re trusted by construction firms, fleet managers, and machine shops nationwide because we make equipment financing affordable, transparent, and designed around your cash flow.

Finance Smarter — Heavy Equipment Loans Made Easy

Flexible financing options to help you own your excavators, loaders, or CNC machines — without draining your cash flow. Whether you’re buying new, used, or private-sale machinery, we help you get approved fast and keep your projects moving.
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Borrow up to $5,000,000

New, used & private-sale equipment approved

Terms up to 72 months

Funds within 48 hours
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Get Started Browse Equipment

What You Can Finance with Us

We offer heavy equipment financing solutions for businesses in construction, manufacturing, fabrication, and industrial sectors. Whether you’re replacing old machinery, adding a new excavator to your fleet, or upgrading to precision CNC equipment — Mehmi Financial Group makes it easy to access the tools that power your business.

Construction & Yellow Iron Equipment: Excavators, bulldozers, wheel loaders, backhoes, skid steers, graders, dump trucks, pavers, compactors, cranes
CNC & Industrial Machinery: CNC mills, lathes, press brakes, plasma cutters, laser cutters, grinders, hydraulic presses, fabrication machines
Material Handling & Support Equipment: Forklifts, telehandlers, scissor lifts, air compressors, generators, welding gear, shop equipment
Transportation & Site Equipment: Flatbed trailers, service trucks, fuel tanks, trenchers, attachments, and specialized hauling equipment

New or used — we help you find the best deals.
Check Out Our Full List of Eligible Equipment

Who Qualifies for an Equipment Loan?

You’re likely a strong match if:

Your business has been operating for 6+ months (or 3+ with reliable revenue)
You earn roughly $50K+ in annual sales
You're financing equipment for commercial use (not personal)

Even businesses with lower credit or shorter histories may qualify — strong cash flow, equipment collateral, or a co-signer can help secure lender approval.

Apply now

Documents Required

Articles of Incorporation

Last 3 Months of Business Bank Statements

Credit Application

Driver's License

Heavy Equipment Loan vs Lease vs Line of Credit: What’s Right for Your Operation?

Feature	Heavy Equipment Loan	Equipment Lease	Equipment Line of Credit
Ownership	Own your excavator, loader, or CNC from day one	Lender retains ownership during term; option to buy at end	No ownership until purchase is made using the credit line
Best For	Long-term use, equity growth, and major asset purchases	Short-term projects or seasonal construction contracts	Fast access to capital for auctions, private sales, or repairs
Upfront Costs	Low to moderate; down payment may apply depending on credit	First payment + standard lease fees	No cost until funds are drawn for an equipment purchase
Payment Structure	Fixed monthly payments with predictable terms	Fixed or variable payments depending on structure	Interest-only payments until drawn, then amortized
End-of-Term Options	Full ownership of the asset	Renew, return, or buy out at fair market value	Revolving access for future heavy equipment purchases
Credit Requirements	Flexible — approvals available for startups or challenged credit	Often more lenient for new contractors and growing fleets	Stronger credit or collateral typically required
Tax Benefits	Depreciation and interest may be deductible	Lease payments may qualify as business expenses*	Interest may be tax-deductible for business use

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

FAQ: Got Questions? We’re Straightforward.

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

Yes. Mehmi Financial Group provides heavy equipment financing for all credit types — including startups, low-credit applicants, and those rebuilding after financial setbacks. Our flexible underwriting helps business owners access capital even when banks say no.

Do you finance used or high-value industrial equipment like excavators or CNC machines?

Absolutely. We finance new, used, and private-sale heavy equipment — including excavators, skid steers, bulldozers, and CNC machinery. Whether you’re buying from a dealer, auction, or private seller, we can structure the right plan.

How fast can I get approved and funded?

Most applications are reviewed and approved within 24–48 hours. Once documents are received, our process allows for quick turnaround on construction, manufacturing, and industrial assets. Many clients receive full funding within two business days.

Can I get pre-approved before choosing equipment?

Yes. Pre-approval gives you a clear financing budget and improves your purchasing leverage when negotiating with vendors or private sellers. We can issue conditional approvals so you can shop with confidence.

Do you offer $0 down or low down payment options?

Yes. For qualified applicants, we offer low or $0 down programs depending on credit profile, asset condition, and lender tier. This helps preserve working capital while securing essential equipment for your operation.

Can I refinance or unlock cash from owned heavy equipment?

Yes. We offer sale-leaseback programs and asset-based refinancing for trucks, loaders, and CNC machinery. This lets you tap into equity from paid-off equipment to support expansion, payroll, or new contracts.

Do you fund startups or newly incorporated construction or manufacturing companies?

Yes. We work with newer businesses that have strong cash flow or contracts but limited time in operation. Our lender network includes startup-friendly programs with flexible terms and soft-credit underwriting.

Trusted by Businesses
Across Canada

24–48 hr approval

All credit types welcome

Serving Canada nationwide

Heavy Equipment Financing in Canada

What Is Heavy Equipment Financing?

Heavy Equipment Loan Benefits

Why Choose Mehmi for Heavy Equipment Financing?