Mobile Rig Financing in Fort McMurray Oilsands

The oilsands service economy in Fort McMurray is built on uptime. Whether you’re keeping haul trucks running at Syncrude or deploying field crews to Suncor, mobile maintenance rigs are mission-critical.

These units are specialized—and expensive. A fully outfitted lube or welder truck can run $150K–$300K, depending on configuration.

For contractors, keeping crews productive often comes down to one thing: “Can we finance the next rig without draining working capital?”

This guide walks through how to finance mobile maintenance rigs, trucks, and trailers to support Alberta’s oilsands safely, quickly, and affordably.

What Mobile Maintenance Equipment Can Be Financed?

At Mehmi, we work with 30+ lenders across Canada to finance:

• Field lube trucks (tank systems, compressors, reels)
• Welding trucks with cranes and toolboxes
• Mechanic trucks with service bodies
• Fuel delivery units and DEF systems
• Crane trucks and picker decks
• Skid-mounted MMUs for trailers
• Crew trailers with service shops or workbenches

✅ We finance new or used equipment
✅ Private sales and cross-province transactions welcome
✅ Install, upfitting, decals, and tooling can be included

Why Fort McMurray Contractors Use Financing

✅ Avoid cash disruptions ahead of mobilization

✅ Match payments to contract billing (net 30/60/90)

✅ Deploy rigs faster than waiting for project deposits

✅ Get credit decisions in under 48 hours

✅ Build long-term fleet capacity with low risk

Financing Options for Mobile Rigs

🔧 Equipment Loan

• Own the rig outright
• Fixed rates (7%–14%) depending on credit
• Terms: 24–84 months
• Can include custom builds or deck swaps

🔧 Finance Lease

• Lower monthly payment
• Buyout option at lease end
• Great for businesses that want to rotate units every few years

🔧 Sale-Leaseback

Bought a rig with cash last year? Lease it back to unlock equity for a second unit.

Explore: Refinancing & Sale-Leaseback

Real Case Study: Field Fleet Expansion in Anzac

Business: Medium-sized field service contractor based near Fort McMurray
Need: Add second mobile lube/welder truck to support growing fleet maintenance demands
Solution:

• Financed a $178K upfitted Kenworth T370
• Structured a 60-month lease with seasonal payment flexibility
• Included decals, installation, and operator training in total package

Result: Crew dispatched 3 weeks ahead of schedule, landed 18-month contract with oilsands prime

Sample Monthly Cost Breakdown

Zero-down options may be available with strong credit or collateral.

What You'll Need to Apply

✅ Business number (BN) and Alberta address
✅ Equipment quote or bill of sale
✅ Time in business (1+ year ideal; startups okay with PG)
✅ Credit score (650+ preferred)
✅ Contract details or upcoming work (if applicable)

Explore: Truck Loan Approval in Ontario – Documents You’ll Need

Final Word: Don’t Let a Truck Delay the Contract

In the oilsands, uptime is currency. When a mobile service rig breaks down—or isn’t there at all—productivity and reputation suffer.

With structured loans, lease-to-own options, and quick approvals, Mehmi helps Fort McMurray contractors deploy the right trucks when it counts most.

Need to finance a field maintenance rig in Fort McMurray?
Speak to a credit analyst or use our calculator to compare $0-down and seasonal options today.

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