What Is Rent-Try-Buy?

Rent-Try-Buy is a rental-to-own program specifically for hospitality equipment (kitchen, food & beverage, restaurant gear).

You enter a 12-month rental agreement with low weekly payments.
All payments are 100% tax deductible as operating expense.
You can change, upgrade, buy, or return the equipment anytime.
If you choose to buy at term, you’ll receive a rebate on your rental payments toward the purchase.
There’s no trading history required — ideal for startups and franchises.
Funding ranges from CA$1,000 to CA$250,000+ depending on the size of the equipment.

Key Features & Benefits

Low Weekly Payments
Break down your cost into manageable weekly payments — preserving working capital.Full

Full Tax Deductibility
Since it’s treated as a rental, the payments can often be claimed as operating expenses.

Flexibility Throughout the Term
At any point, you may:

Buy the equipment outright
Upgrade to a newer model
Return the asset with no penalty

Rebate Toward Purchase
If you decide to buy, you’ll get back a portion of the rent you’ve paid (rental rebate), reducing the net cost.

Fast Approval
Applications for funding under CA$50,000 require minimal documentation.

Accessible to New & Existing Businesses
‍No trading history is required. Whether you're starting fresh, opening a franchise, or scaling up, this works for you.

Ideal If You Want To:

Invest in your own equipment instead of renting
Improve working capital without sacrificing ownership
Build equity to refinance or expand later

Why Choose Mehmi for Rent-Try-Buy?

At Mehmi Financial Group, we make it simple for restaurants, cafés, and food service operators across Canada to get the equipment they need — without the upfront costs or long-term commitments. Our Rent-Try-Buy program gives you access to essential hospitality equipment with flexible weekly payments and the freedom to buy, upgrade, or return when it suits your business.

We understand that every restaurant’s cash flow is unique — especially during start-up or expansion phases. That’s why we structure financing that keeps your kitchen running, your team productive, and your working capital available for what really matters — inventory, payroll, and growth.

We partner with chefs, franchise owners, and independent hospitality operators across Canada to deliver fast approvals, affordable terms, and end-to-end support. Whether you’re launching a new concept or upgrading equipment, we help you stay agile and profitable.

‍With Mehmi’s Rent-Try-Buy Program, You Get:

Access to new or used hospitality equipment with no large upfront payment
Tax-deductible weekly rental payments that preserve working capital
Fast approvals — even for startups and low-credit operators
Flexible options to buy, upgrade, or return at any time

Finance Smarter — Rent-Try-Buy Made Easy

Flexible Rent-Try-Buy programs for Canadian restaurants and hospitality operators. Get the kitchen, café, or bar equipment you need today — with low weekly payments, fast approvals, and no long-term commitment.
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No large upfront costs — start with a low weekly rental

12-month minimum term with full buyout flexibility

Tax-deductible rental payments

Approvals for startups, franchises, and independent operators

Start cooking with confidence — without tying up your cash flow.
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Get Started Browse Equipment

What You Can Rent-Try-Buy with Us

We help restaurants, cafés, and food service operators across Canada get the equipment they need without large upfront costs. Whether you’re launching a new location or upgrading your kitchen, our Rent-Try-Buy program lets you rent essential gear, use it in real operations, and decide later whether to buy, upgrade, or return it.

Eligible Equipment Categories:

Cooking Equipment: Ovens, fryers, grills, combi ovens, ranges, griddles, and steamers
Food Preparation: Mixers, slicers, processors, blenders, dough machines
Refrigeration & Cooling: Display coolers, undercounter fridges, prep tables, reach-ins, freezers
Beverage & Café Equipment: Coffee and espresso machines, juice dispensers, beer taps, ice makers
Dishwashing & Sanitation: Commercial dishwashers, glasswashers, sinks, and sanitizer systems
Storage & Stainless Steel: Worktables, shelving, cabinets, prep stations, exhaust hoods
Smallwares & Accessories: Cooking tools, serving gear, carts, racks, and utensils

Whether you’re renting new or used gear, we help you get set up fast with flexible weekly payments and the freedom to buy, upgrade, or return whenever your business needs change.

Eligibility & Terms

Funding available from about CA$1,000 to CA$250,000+
12-month minimum term
Security deposit required (refundable) — typically 6 weeks’ rent for amounts under CA$200,000; 12 weeks for larger deals.
You start paying rent once equipment is delivered
Return costs (transport, cleaning, servicing) may apply if you opt not to purchase or return early
If you choose to buy, you’ll receive a rental rebate (e.g. 60% of net rent in first year + portion thereafter) applied toward purchase price

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

Rent-Try-Buy vs Equipment Lease vs Equipment Loan: Which Is Best for Your Business?

Feature	Rent-Try-Buy	Equipment Lease	Equipment Loan
Ownership	You rent first, then choose to buy, upgrade, or return after the term	Lender owns the asset; you can buy it out at the end	You own the asset from day one and build equity immediately
Best For	Restaurants, cafés, and startups testing new equipment or concepts	Businesses looking to preserve cash and gain tax advantages	Companies seeking long-term ownership and equity building
Upfront Costs	Low weekly payments — no large down payment required	First and last payments + minimal fees	May require 10–20% down depending on credit and asset type
Payment Structure	Weekly or monthly rental payments, 100% tax-deductible	Fixed or variable lease terms, typically 24–72 months	Fixed monthly principal and interest payments
End-of-Term Options	Buy, upgrade, or return the equipment with no penalty	Renew, return, or buy out the asset	You own the asset outright at the end of the term
Approval Speed	Fast — approvals within 24–48 hours for most hospitality businesses	Typically 48–72 hours with standard underwriting	Varies by lender — usually 2–5 business days
Credit Requirements	Flexible — available for startups, franchises, and low credit	Moderate — based on time in business and credit score	Stronger credit or financial history preferred
Tax Benefits	100% of rental payments are tax-deductible	Lease payments may qualify for full expense deduction*	Depreciation and interest can be deductible

*Tax treatment depends on structure and province. Consult your accountant for details.

FAQ: Got Questions? We’re Straightforward.

Can I get approved if I’m a new restaurant or have limited credit history?

Yes. Mehmi Financial Group works with Canadian restaurant owners, cafés, and hospitality operators of all credit backgrounds. Startups, franchises, and established businesses can all qualify for Rent-Try-Buy. Our flexible underwriting process focuses on your cash flow and potential — not just your credit score.

How does Rent-Try-Buy differ from traditional equipment leasing?

Rent-Try-Buy gives you total flexibility — rent first, and decide later whether to buy, upgrade, or return. Traditional leases lock you into fixed terms, but with Rent-Try-Buy you keep your options open while building your business.

What types of hospitality equipment can I rent?

We finance most commercial food-service assets, including ovens, mixers, espresso machines, fryers, prep tables, refrigeration units, and dishwashers. Whether you’re outfitting a new restaurant or expanding your kitchen, our program covers both new and used equipment.

How long before I can start using my equipment?

Approvals typically happen within 24–48 hours. Once approved, you can receive your equipment right away — without paying large upfront costs.

Can I purchase the equipment later if I decide to keep it?

Absolutely. At the end of your rental term, you can buy the equipment at a pre-agreed amount, continue renting, or upgrade to something new. You’re always in control.

Are Rent-Try-Buy payments tax-deductible?

Yes. In most cases, weekly or monthly rental payments can be fully expensed as operating costs. Always confirm with your accountant for your province’s latest CRA guidance.

Do you help with used or privately purchased restaurant equipment?

Yes. We fund both new and used equipment — even items bought from private sellers, auctions, or resellers.

Do you finance franchises or seasonal operators?

Yes. Mehmi supports franchisees, multi-location brands, and seasonal businesses such as food trucks, cafés, and catering companies with flexible Rent-Try-Buy programs.

Trusted by Businesses
Across Canada

24–48 hr approval

All credit types welcome

Serving Canada nationwide

Rent-Try-Buy for Hospitality Equipment

What Is Rent-Try-Buy?

Key Features & Benefits

Why Choose Mehmi for Rent-Try-Buy?