Same Day Truck Financing in Canada

Need a truck fast? Explore same-day truck financing in Canada, including used truck loans and bad credit options with Mehmi Financial Group
Same Day Truck Financing in Canada
Written by
Alec Whitten
Published on
April 18, 2025

In the fast-paced logistics industry, delays can cost more than just time—they can cost business. Whether you're launching a new route or replacing an aging truck, waiting weeks for financing isn’t always realistic.

That’s where same-day truck financing in Canada comes in.

In this guide, we’ll explore how to get approved fast, how used truck financing works (even with bad credit), and how Mehmi Financial Group makes it possible to hit the road in as little as 24 hours.

What Is Commercial Truck Financing?

Commercial truck financing is a loan or lease designed to help businesses acquire heavy-duty vehicles such as:

  • Semi-trucks
  • Dump trucks
  • Box trucks
  • Flatbeds

Rather than paying upfront, you spread the cost over monthly payments—preserving cash flow and keeping operations agile.

Benefits of Financing a Truck

Benefit How It Helps
Preserve Cash Keep working capital available for fuel, payroll, etc.
Tax Deductions Interest and depreciation may reduce taxable income
Flexible Terms Choose a repayment schedule that matches cash flow
Quick Access Get trucks when you need them—not months later

The Need for Speed: Why Same-Day Funding Matters

Opportunities in the trucking industry move fast. A contract, load, or equipment deal can’t wait weeks for traditional bank approvals.

That’s why many Canadian operators turn to same-day financing, which can fund your purchase within 24 hours of approval.

How Same-Day Financing Works:

  1. Apply Online – Submit a quick application with basic business and truck info
  2. Get Approved – The lender reviews your credit, business profile, and truck details
  3. Receive Funds – Money is wired directly or issued to the dealer that same day

Apply now to see how much you can qualify for—same-day approval possible.

Used Truck Financing in Canada

Used trucks are a smart way to reduce upfront costs, but financing can be trickier—especially with mileage, age, and depreciation concerns.

Options for Used Truck Financing:

  • Bank Loans: Lower rates but slow and stricter on credit
  • Alternative Lenders: Faster, more flexible approval (ideal for small fleets or new operators)
  • Leases: Lower monthly costs, easier approvals, optional buyout at end

At Mehmi Financial Group, we work with over 30 lenders to help you finance used trucks up to 10–15 years old—even with high mileage.

Can You Get Approved with Bad Credit?

Yes. While bad credit makes approval harder, many Canadian lenders—including Mehmi—offer bad credit truck financing with flexible terms and tailored support.

Tips to Increase Your Chances:

Strategy Why It Works
Use a Co-Signer Strengthens your application with their credit history
Offer a Down Payment Lowers the lender’s risk and shows commitment
Choose a Newer Truck Reduces maintenance risk and improves asset value
Provide Business Details Revenue proof can outweigh credit challenges

Learn more about truck leasing and loans for bad credit customers.

Why Choose Mehmi Financial Group?

When time is tight and paperwork is overwhelming, Mehmi Financial Group steps in with:

Fast Funding

  • Same-day approvals
  • Funds wired within 24 hours

Bad Credit Solutions

  • Flexible underwriting
  • High approval rate for first-time buyers or credit rebuilders

Transparent Terms

  • No hidden fees
  • Options for $0 down, lease-to-own, and balloon payments

Personalized Service

  • Based in Canada, serving clients nationwide
  • One-on-one support from application to funding

Get started here or request a callback.

Conclusion

Whether you're financing a used semi or need a replacement truck immediately, same-day truck financing is a game-changer for Canadian business owners.

From Brampton to Calgary, Mehmi Financial Group offers:

  • Speed
  • Flexibility
  • Expertise in trucking finance

Don't let delays hold your business back—secure the truck you need with confidence and get back on the road fast.

Ready for Same-Day Approval?

Calculate your payment or speak with an advisor now. Funding possible in 24 hours.

Contact Us!
Read about our privacy policy.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.