Yes, finance tire installation and balancing as part of an eligible commercial tire and accessory invoice when the work is included on the qualifying invoice and the file fits the program. For many owner-operators, fleets, contractors, farm operations, dump truck operators, and equipment businesses, the real invoice is not just the tire price. It may also include mounting, balancing, installation, valve stems, accessories, shop labour, mobile service, or related tire work.
That matters because a Peterbilt, Kenworth, Freightliner, Mack, Volvo, International, or Western Star operator rarely buys commercial tires as a simple retail purchase. The truck needs to return to work. A dump truck may need severe-service tires installed before a jobsite return. A fleet may need several trailers ready for dispatch. A farm operation may need truck or equipment tires handled before a narrow work window.
Our tire and accessory financing applies to eligible invoices from $2,500 to $10,000, with terms from 6 to 12 months. If the total invoice is above $10,000, it moves into general repair financing terms. The key is that the estimate should clearly show what is being financed.
Yes, installation and balancing can be included when they are part of the eligible tire and accessory invoice. The financing review looks at the full invoice, not only the tire line item, as long as the invoice is tied to the commercial tire purchase and the file meets approval requirements.
For example, a commercial tire invoice may include tires, mounting, balancing, valve stems, disposal, accessories, installation labour, or related tire service. If that invoice falls from $2,500 to $10,000, it may fit tire and accessory financing. Terms are 6 to 12 months, and the $250 admin fee is built into the payment schedule. Interest is 1.5% per month on the declining balance, and the customer pays the admin fee plus the first month’s payment at signing.
This is useful because commercial tire quotes are rarely just tires. A highway tractor may need new drive tires installed and balanced before a long route. A dump truck may need tires mounted before returning to aggregate work. A service truck or trailer may need tire-related accessories included in the same invoice.
To finance tire installation and balancing, the estimate should be clean and complete. It should show the tires, installation details, balancing if applicable, accessories, labour, and total invoice amount. That helps determine whether the file fits the tire structure or general repair financing.
If the total tire, installation, balancing, and accessory invoice is above $10,000, it is reviewed under general repair financing instead of the tire-specific structure. This can happen quickly when multiple tires are being installed across trucks, trailers, dump trucks, farm equipment, or construction equipment.
General repair financing applies to invoices of $5,000+, with terms from 6 to 24 months, and 12 months is typical. The admin fee is $500. No down payment is typically required for general repair financing, though each file is assessed case by case and one may occasionally be requested.
This matters for fleets because installation and balancing can be part of a larger tire replacement project. A small fleet may replace tires across several trailers. A dump truck operator may replace multiple severe-service tires. A construction fleet may need loader, grader, service truck, and trailer tires installed at the same time. Once the invoice moves above $10,000, the general repair structure is the right place to review it.
For broader repair invoices, see commercial repair breakdown financing. If the tire work is combined with brakes, suspension repairs, wheel-end work, emissions components, drivetrain service, or other shop work, general repair financing may also be the better fit.
The loan is open in both structures, so it can be paid in full or in part anytime without penalty while current. That helps operators who want payment structure now but may pay down the balance after receivables, seasonal work, or customer payments come in.
Commercial customers can include tire service costs when the invoice is tied to eligible business-use tires and the file fits the program. This can apply to owner-operators, small fleets, contractors, farm operations, dump truck operators, delivery fleets, rental fleets, construction fleets, and other businesses using commercial vehicles or equipment.
A single owner-operator may need installation and balancing included with steer or drive tires. A fleet may need multiple trailer tires installed. A contractor may need tires and accessories for service trucks, loaders, graders, or telehandlers. A farm operation may need tire work for trucks, trailers, grain carts, combines, or support units. A Cummins-powered truck may be mechanically ready for work but still need tires installed before dispatch.
The tire brand itself is not the financing decision. Commercial customers may compare Michelin, Bridgestone, Goodyear, Continental, Yokohama, or other tire options based on application, route, traction, casing strategy, and dealer recommendation. Financing helps manage how the invoice is paid, but the tire choice should still match the work.
If the customer is buying major components directly, such as engines, transmissions, or emissions components for self-install or shop installation, direct parts financing may be relevant. Direct parts financing is available for major parts and components, but published rates, terms, and thresholds are not listed, so customers should contact us for details.
If the customer is buying or replacing a vehicle instead of financing a tire invoice, truck and trailer financing should be reviewed separately.
The usual documents for conditional approval are the application, ownership or registration, insurance, licence, and the tire or repair estimate. Conditional approval is typically available within one business day when the file is complete enough to review.
Final approval can add business registration, proof of income, lease details if the truck or equipment is leased, asset photos, a void cheque, and the signed invoice. The owner or lessor authorizes the work and remains responsible until signing. Once approval and the final signed invoice are complete, the repair facility or tire dealer is paid directly in full.
The estimate should clearly show the full scope of the tire work. That includes the tire cost, installation, balancing, accessories, labour, and any other included service items. A vague quote can slow the review because the file needs to show what is being financed and which structure applies.
Credit is checked at application. A score around 650 is a reference point, not a hard cutoff. The review may also consider cosigners, job longevity, notice of assessment, bank statements, proof of income, and asset value. That can help operators who have been bank-declined or have challenged credit but still operate active, revenue-producing vehicles.
For larger or multi-unit needs, fleet repair financing may be relevant. Individual owner-operators usually apply under the standard tire or repair process, while broader fleet-wide repair and upgrade needs are custom.
It makes sense to finance the full tire invoice when the tires, installation, balancing, and related service are necessary and paying cash would weaken operating cash. Commercial operators often need to preserve cash for fuel, payroll, insurance, taxes, lease payments, repairs, parts, and receivables timing.
The strongest use case is simple: the vehicle or equipment is active, the tire work is required, and the full invoice creates cash-flow pressure. In that situation, financing can let the operator complete the tire work now and repay through scheduled payments.
For example, a long-haul owner-operator may need tires installed before a scheduled run. A dump truck operator may need severe-service tires mounted before returning to a site. A construction fleet may need telehandler or skid steer tires installed before rentals or jobs. A farm operation may need tire work completed before planting, harvest, or hauling.
There are no markup fees beyond the admin charge plus applicable HST. Standard late, NSF, or legal fees can apply if a payment is missed. Interest and GST/HST may be tax-deductible for some commercial operators, but that should be confirmed with an accountant.
For broader working cash needs not tied to a specific tire or repair invoice, a business line of credit may be reviewed separately. That is different from tire financing, which should stay tied to the invoice being financed.
Question: Can tire installation and balancing be financed with the tire cost?
Answer: Yes. Installation and balancing can be included when they are part of an eligible commercial tire and accessory invoice. The full invoice still needs to fit the customer profile, documentation requirements, and approval review.
Question: What invoice size qualifies for tire and accessory financing?
Answer: Eligible tire and accessory invoices from $2,500 to $10,000 may fit the tire structure. If the invoice is above $10,000, it is reviewed under general repair financing terms.
Question: What terms are available if installation and balancing are included?
Answer: Tire and accessory financing has terms from 6 to 12 months. Larger invoices reviewed under general repair financing have terms from 6 to 24 months, with 12 months typical.
Question: Does the estimate need to show installation and balancing separately?
Answer: The estimate should clearly show the tire cost, installation, balancing, accessories, labour, and total invoice amount. Clear invoice details help determine whether the file fits the tire structure or general repair financing.
Question: What interest rate applies?
Answer: Interest is 1.5% per month on the declining balance. The loan is open, so it can be paid in full or in part anytime without penalty while current.
Question: Is a down payment required?
Answer: No down payment is typically required for general repair financing, though each file is assessed case by case and one may occasionally be requested. At signing, the applicable admin fee and the first month’s payment are due.
Commercial tire quotes often include more than tires. Installation, balancing, accessories, labour, and related service can all be part of the real invoice. Eligible customers may be able to finance tire installation and balancing together with the tire cost when the full invoice fits the program.
The key is invoice size and clarity. Tire and accessory invoices from $2,500 to $10,000 may fit the tire structure. Invoices above $10,000 move into general repair financing. A clear estimate and complete documents help the file move faster.
To discuss financing a commercial tire invoice that includes installation and balancing, visit Mehmi’s commercial repair financing contact page.
.avif)
.svg){kind=small}