Truck, Trailer, and Equipment Equipment Line of Credit in Canada

Stop waiting 30–90 days to get paid. Unlock fast cash from unpaid invoices — with flexible factoring solutions built for trucking, logistics, and equipment-based businesses.

Truck available for lease in Canada

Equipment Line of Credit for Growing Businesses

Need flexible access to cash without refinancing or taking out big loans?
At Mehmi Financial Group, we offer Equipment Lines of Credit that let you borrow against your trucks, trailers, and machinery whenever you need it — and only pay for what you use.
  • Tap into your equipment’s value without selling it
  • Access cash as needed — not one big lump sum
  • Lower costs compared to traditional loans
  • Fast approvals and simple, flexible terms

Get Paid Faster

Turn invoices into cash — no waiting.

Stop chasing slow payments. With MehmiGroup’s invoice factoring, you get paid upfront for work you've already completed — with flexible terms and fast approvals.

Fund up to 95% of your invoice value

Same-day approvals

No new debt, no delays

Cash within 24–48 hours

Get StartedContact Us

Why Use an Equipment Line of Credit?

Your trucks and equipment are valuable — why let that value sit idle?
An Equipment Line of Credit turns your existing assets into flexible working capital you can access whenever you need — without committing to high monthly loan payments or giving up ownership.

Trusted by businesses across Canada

24–48 hr approval
All credit types welcome
Serving Canada nationwide
Heavy equipment loan approval Canada

What Can You Use Your Equipment Line of Credit For?

Your credit line can help you manage ups and downs without stress.

Use your equipment line for:
  • Covering payroll or fuel costs
  • Handling seasonal slowdowns
  • Buying new inventory or supplies
  • Funding repairs, maintenance, or expansion projects
  • Seizing quick growth opportunities
No restrictions — you control how you use your capital.

How an Equipment Line of Credit Works

We keep it simple — so you can stay focused on running your business.
  • Apply online and get approved based on your equipment value.
  • Get access to a flexible credit limit tied to your assets.
  • Draw funds whenever needed — and only pay interest on what you use.
  • Pay down and re-borrow anytime during the term.
It's like having your own financial backup plan — ready when you need it.

Apply in under 5 minutes.
Approval decisions usually within 24–48 hours!

Apply now
Equipment loan approval Canada
Check Icon
No repayment pressure
Check Icon
No new debt
Check Icon
Just cash you already earned

When is an Equipment Line of Credit a Smart Move?

Situation

Why a Credit Line Helps

Need working capital but want flexibility
Draw only what you need
Want lower interest than a credit card
Secured credit = better rates
Facing seasonal or irregular cash flow
Smooth it out without new debt stress
Want to avoid multiple loans
One simple line you can reuse

Not sure?

We'll help you pick the right path — based on YOUR business, not just a sales pitch. Contact us HERE

Frequently Asked Questions About Leasing and Loans

We’ve guided many business owners through the leasing and loan process — here’s how it works.

How is an equipment line of credit different from a loan?

A loan gives you one large lump sum up front; a line of credit gives you ongoing access to flexible funds you can draw from as needed.

What equipment can I use to secure a line of credit?

You can use trucks, trailers, construction equipment, farming machinery, and other valuable business assets as security.

Do I have to use the whole credit line?

No — you only borrow what you need.
You pay interest only on the amount you draw, not on your full available limit.

How fast can I get approved for an equipment line of credit?

Approvals usually happen within 24–48 hours once your documents are submitted.

Can I still use my trucks and equipment normally while the line of credit is active?

Yes — you keep full control and use of your assets while they secure your credit line.

What happens if I don't use the line of credit?

Nothing — if you don’t draw funds, you owe nothing beyond any small annual maintenance fees (if applicable).

Chat on WhatsApp