Semi Trailer Loan

Purchasing a semi-truck is a big step for owner-operators and logistics businesses alike. But with prices ranging from $30,000 to $150,000+, it often requires financing support. At Mehmi Financial Group, we provide semi-truck loans across Canada designed to help you get the vehicle you need—fast.

Whether you’re a first-time buyer or expanding your fleet, we make the process simple, accessible, and tailored to your financial situation.

What is a Semi-Truck Loan?

A semi-truck loan is a commercial equipment loan specifically for the purchase of heavy-duty trucks. The vehicle usually serves as collateral, making it easier to qualify even if your credit isn't perfect.

Loan terms typically range from 3 to 7 years, with repayment structures customized to match your cash flow. Once fully paid, the truck is yours to keep—and use for years to come.

Types of Semi-Truck Financing We Offer

• Owner-Operator Loans: Great for drivers launching their own business.
• Equipment Financing: Ideal for established businesses expanding their fleet.
• Lease-to-Own Options: Pay monthly and own the truck at the end.
• New or Used Truck Loans: Financing available for both brand-new and pre-owned semi-trucks.
• Semi-Trailer Loans: Specialized loans for trailers used in freight and logistics.

Why Choose Mehmi Financial Group?

• Fast Approvals: Many loans approved in 24–72 hours
• Zero to Low Down Payment Options
• Support for Startups and Bad Credit
• Nationwide Coverage: We proudly serve clients in Toronto, Brampton, Mississauga, Hamilton, Windsor, Burlington, London, Milton, Scarborough, Ajax, Kingston, Oakville, Vaughan, Caledon, Cambridge, Kitchener, Guelph, Woodbridge, Maple, Barrie, Richmond Hill, Niagara, St. Catharines, Vancouver, Calgary, Edmonton, Montreal, Ottawa, Winnipeg, Halifax, Saskatoon, St. John's, Surrey, Regina, Red Deer, Moncton, Laval, Longueuil, Lévis, Trois-Rivières, Kelowna, and Abbotsford.
• Transparent Rates: No hidden fees, just clear numbers and honest advice

Apply Now to get pre-approved today.

What You Need to Apply

• Business registration or driver's license
• Proof of income or active contracts
• Credit profile (but we work with all credit levels)
• Truck quote or dealer invoice

We work with first-time buyers, sole proprietors, and growing fleets.

Benefits of Financing Through Mehmi Financial Group

• Preserve Cash Flow: Avoid huge upfront costs.
• Build Equity: Own the truck outright once the loan is paid.
• Tax Write-Offs: Potential tax benefits on interest and depreciation.
• Customized Payment Terms: Match your cash flow and seasonality.

FAQ: Semi-Truck Loans

1. Can I refinance a semi-truck loan later?
Yes, refinancing is available once you've built equity or improved your credit.

2. How fast can I get approved?
Most approvals are issued within 1–3 business days.

3. What happens if I can't repay?
The truck serves as collateral, so non-payment may lead to repossession. We offer flexible terms to help avoid that.

4. Can I get a loan with bad credit?
Yes, we specialize in helping clients with less-than-perfect credit secure semi-truck loans.

5. Do you finance used trucks too?
Absolutely. We finance both new and used trucks, depending on your needs and budget.

6. Do you offer semi-trailer loans?
Yes, we also provide financing for dry vans, reefers, flatbeds, and more.

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Ready to hit the road in your own semi-truck or trailer? Talk to our team at Mehmi Financial Group today—we'll help you finance your next big move.