What is an Equipment Loan?

Finance your equipment. Own it from day one.

An equipment loan helps you buy the trucks, trailers, or commercial machinery your business needs — without draining your cash flow. Unlike leasing, you own the asset upfront and make manageable monthly payments over time. Every payment builds equity you can later leverage for growth or refinancing.

Own the equipment from day one
Fixed or flexible repayment terms
Lower upfront costs than full cash purchase
Works for new, used, or private-sale equipment

Equipment Loan Benefits

Build equity. Control your assets. Scale on your terms.

An equipment loan gives you immediate ownership and long-term value. You’ll have full control of the asset, while preserving capital for operations, payroll, or emergencies.

With Mehmi Equipment Loans, You Can:

Own your truck or equipment from day one
Fixed or flexible loan terms
Competitive rates even for small businesses
Build valuable assets for your balance sheet

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 Equipment Loans?

At Mehmi Financial Group, we specialize in fast, flexible equipment loans for Canadian businesses. Whether you're financing trucks, trailers, excavators, medical devices, or other commercial equipment — we help you secure the capital you need without giving up ownership.

Our team understands the realities of growing a business, especially when banks say no. That’s why we offer equipment loan solutions for new, used, and even private-sale equipment — with approval options for startups, low credit, and owner-operators.

We’re trusted by contractors, fleet managers, manufacturers, and small business owners across Canada because we make equipment financing simple, affordable, and tailored to your cash flow.

Support for new, used, and private-sale equipment
Access to 100+ specialized equipment lenders
We consider all credit types, including startups and low scores
Transparent terms — no hidden fees or surprises

Finance Smarter — Equipment Loans Made Easy

Flexible equipment loan options that help you own your gear — without draining your cash. Whether you're buying new, used, or private-sale equipment, we help you get approved fast and keep your business moving.
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Borrow up to $5,000,000

Used & private-sale gear 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 equipment financing solutions for businesses across construction, manufacturing, agriculture, medical, and industrial sectors. Whether you’re expanding operations or upgrading outdated gear, we make it easy to finance the tools that power your business.

Construction Equipment: Excavators, skid steers, trenchers, loaders, bulldozers, backhoes
Industrial Machinery: CNC machines, presses, compressors, power tools, generators
Agricultural Equipment: Tractors, harvesters, sprayers, tillers, irrigation systems
Warehouse & Material Handling: Forklifts, pallet jacks, scissor lifts, conveyors, racking
Medical & Dental Equipment: Imaging machines, treatment chairs, sterilization units, lab devices
Restaurant & Food Service: Ovens, mixers, refrigeration, prep stations, fryers

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

3 Steps. No Surprises.

The Mehmi Financial Group experience is simple, quick, and customized to your financial needs.

Find the Equipment you need

Whether it be an individual's private sale or equipment listed by a dealer, there are numerous options available.

Browse Used Equipment

Get In Touch

An all-in-one customer service platform that helps you balance everything your customers need to be happy.

Get Approved

Secure approval and funding in as little as 24–48 hours with flexible terms.

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

Feature	Equipment Loan	Equipment Lease	Equipment Line of Credit
Ownership	You own the asset from day one	Lender owns asset during term; option to buy	No ownership until you make a purchase
Best For	Long-term use & building equity	Preserving cash & tax flexibility	Urgent needs, auctions, and fast-moving purchases
Upfront Costs	Low to moderate (down payment may apply)	First payment + basic lease fees	None until you draw funds
Payment Structure	Fixed monthly payments	Fixed or variable lease payments	Interest-only until drawn, then amortized
End-of-Term Options	You own the equipment	Renew, return, or buy it out	Revolves for future use
Credit Requirements	Flexible — options available for challenged credit	More lenient for startups and low-credit	Stronger credit or collateral often needed
Tax Benefits	Depreciation and interest deductible	Lease payments may be fully deductible*	Interest may be tax-deductible

*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 limited credit history?

Yes. Mehmi Financial Group provides equipment loans to Canadian businesses with a wide range of credit profiles — including startups, low-credit applicants, and those rebuilding after financial setbacks. Our flexible underwriting process helps business owners access the capital they need when banks say no.

Do you finance equipment from private sellers, auctions, or classifieds?

Absolutely. We offer equipment loans for assets purchased through private sellers, online marketplaces, auctions, or classified listings. Whether it's a used excavator or a forklift from Kijiji, we can help.

How fast can I get approved and funded for an equipment loan?

Approvals typically happen within 24–48 hours. Once documents are submitted, our streamlined process enables quick turnaround for used, new, or private-sale equipment. Most deals are funded within 2 business days.

Can I get pre-approved before shopping for equipment?

Yes. Getting pre-approved gives you clarity on your financing budget and strengthens your negotiation power when shopping for equipment. This applies to new, used, or private-sale gear across Canada.

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

Yes. For qualified applicants, we structure deals with low or $0 down payments based on credit strength, asset type, and lender policies. This helps preserve working capital while accessing critical equipment.

Can you finance older equipment or high-hour machines?

Yes. We assess the asset’s condition, resale value, and business utility. From older skid steers to high-hour tractors, if it’s viable for commercial use, we’ll consider it — especially for construction, farming, and industrial clients.

Do you offer working capital or asset-backed funding in addition to equipment loans?

Yes. We offer sale-leaseback programs, equipment lines of credit, and asset-based lending. If you want to unlock cash from owned equipment or inventory, we can help structure a custom financing package.

Trusted by Businesses
Across Canada

24–48 hr approval

All credit types welcome

Serving Canada nationwide

Equipment Loans for Canadian Businesses

What is an Equipment Loan?

Equipment Loan Benefits

Why Choose Mehmi for Equipment Loans?