Separate the spending
List property or lease costs, equipment, fit-out, hiring, inventory and launch expenses. Different costs may need different financing structures.
BUSINESS USE CASE · CANADA & USA
Expand Your Business
Connect the expansion budget to the time it will take new capacity to produce cash.
Apply for financing
Start with the business need.
Opening another location, increasing production or adding a team can require spending well before the additional revenue arrives. Break the project into stages and distinguish one-time investment from the cash needed while operations ramp up. Expansion financing should be assessed against a realistic repayment plan, not the most optimistic sales forecast.
Build a practical plan.
Sequence the project
Map deposits, installation, recruitment and opening dates. Identify what depends on permits, suppliers, staffing or other milestones.
Allow for a slower ramp-up
Test the budget if sales start later or costs increase. Assess the effect on the existing business and its current obligations.
Financing routes to explore.
Business Financing
Compare structures for a defined business investment and the operating cash needed during expansion.
Explore business financing →Equipment Financing
Explore loans and leasing for the machinery, vehicles or other commercial assets within the project.
Explore equipment financing →Franchise Financing
If expansion involves a franchise, review the franchise-specific costs and documentation separately.
Explore franchise financing →Buying an existing business?
A business purchase calls for a review of the transaction, financial records and proposed ownership structure.
Business Acquisition Financing →What to prepare.
A phased project budget
Show quotes, deposits, payment milestones and a contingency based on the actual project risks.
An operating forecast
Include the expected ramp-up, existing business performance and a slower-growth scenario.
Supporting agreements
Have relevant lease terms, supplier quotes and franchise information available, where applicable.
Additional documents may be requested based on the business, location and proposed transaction.
Location matters.
Mehmi serves businesses in Canada and eligible U.S. markets. Share the country, province or state, business registration and transaction currency. Availability and requirements vary; a product offered in one location is not automatically available in another.
U.S. business financing →Questions about this use case.
Should one facility cover the entire expansion?
Not necessarily. Asset purchases and short-term operating needs can have different repayment horizons. Compare the structure and combined payment commitment.
What if I am buying another business?
An acquisition has a different review process and supporting documents. Explore business acquisition financing alongside the purchase structure.
Can I apply before every quote is final?
You can discuss the project early. Identify estimates clearly and expect updated quotes or agreements to be requested before a final decision.
Tell us what you are planning.
Share the business location, purpose, amount requested and the information you have prepared.
Apply for financingFinancing is subject to application review and approval. Availability, costs, terms and documentation requirements vary by product, business and location. This page provides general information and is not a financing offer.