CANADA & UNITED STATES
Keep freight moving.
Plan for the miles ahead.
Explore financing for trucks, trailers, fleet maintenance and the cash needed between completing a load and collecting payment. Mehmi helps owner-operators, carriers and logistics businesses assess their next move.
Discuss your financing needsTrucks & trailers • Repairs • Cash flow
FINANCING THAT FITS THE OPERATION
A truck can earn revenue only when the rest of the operation is ready. Fuel, insurance, driver pay, dispatch and maintenance all draw cash, including during weeks when invoices remain unpaid.
Separate the cost of acquiring a unit from the money required to run it. Compare a proposed payment against realistic utilization, loaded and empty miles, maintenance reserves and collection history. A new contract should be tested against operating costs before it becomes a fleet commitment.
Explore equipment financingSTART WITH THE BUSINESS NEED
Identify the constraint first. The right discussion starts with what you need to buy, when cash leaves the business and how it returns.
01 / FLEET CAPACITY
Match the asset to the work and expected utilization.
02 / CASH FLOW
Paying for a load and getting paid for it happen on different dates.
03 / MAINTENANCE
Consider the repair invoice and the period the unit cannot work.
ASSETS ACROSS THE OPERATION
Share the equipment make, model, age, price and location. Eligibility depends on the asset, seller, condition and proposed transaction.
Examples include a Kenworth T680, Freightliner Cascadia or a commercial refrigerated trailer. Each unit is reviewed on its own condition and proposed use.
Browse equipment categoriesCOMPARE THE PURPOSE, THEN THE TERMS
Use this as a starting point for discussion. Products can overlap, and availability depends on your business and location.
| Your objective | Option to explore | What to review |
|---|---|---|
| Acquire a commercial truck or trailer | Truck & trailer financing ↗ | Unit condition, specifications, operating fit and payment schedule. |
| Use equipment with an agreed end-of-term choice | Equipment leases ↗ | Total rentals, return or purchase conditions and residual exposure. |
| Access value in eligible unpaid B2B invoices | Invoice & freight factoring ↗ | Invoice verification, fees, reserves and responsibility if unpaid. |
| Cover a defined operating cash requirement | Working capital financing ↗ | Repayment capacity, payment frequency and total borrowing cost. |
| Address an eligible commercial equipment repair | Repair & breakdown financing ↗ | Itemized estimate, asset condition, downtime and repayment. |
| Assess capital tied up in owned equipment | Refinancing & sale-leaseback ↗ | Ownership, liens, valuation, existing debt and new obligations. |
Compare the complete proposal, including fees, guarantees, security, repayment obligations and any end-of-term amount.
ILLUSTRATIVE PLANNING EXAMPLE
A carrier pays the driver and buys fuel before a customer settles the freight invoice. Adding a second truck can increase that cash requirement even if both units are busy.
Track weekly outflows and expected invoice receipts. Allow for maintenance, an unpaid invoice and a week with lower utilization; do not size the request on gross revenue alone.
This is a hypothetical scenario, not a Mehmi client result or financing offer.
FOLLOW THE CASH
Fuel, driver costs and operating expenses are paid.
Complete the load and submit the required delivery records.
Customer payment restores cash available for future loads.
A CLEARER APPLICATION
Review may consider operating history, cash flow, existing debt, customer concentration and the proposed equipment. For a used unit, condition, mileage, maintenance records and valuation can be relevant. Freight receivables require their own verification.
A newer business may need additional evidence of experience, owner investment or contracted demand. No single factor guarantees an approval.
Start your financing request
The document list will vary with the request.
CANADA & UNITED STATES
Tell us where the business operates and where the equipment, inventory and customers are located. Cross-border activity can change the information needed for review.
CANADA
Specify your province and whether the quote is in CAD or another currency.
UNITED STATES
Specify the borrowing business, asset location and quote currency.
NEXT STEPS
01
Share your business location, requested amount and intended use.
02
Discuss the information requested and any proposal made available.
03
If approved and you choose to proceed, complete the agreed conditions.
PRACTICAL ANSWERS
A private-sale request can be reviewed. Supply the VIN, mileage, price, seller details and available maintenance information. Inspection, valuation, ownership and lien checks may be required. Confirm conditions before committing a non-refundable deposit.
No. A truck loan finances an equipment purchase. Factoring involves eligible unpaid freight invoices and their collection arrangements. Compare fees, reserves, recourse and customer-notification requirements before proceeding.
Explain each cost separately. A shop repair, a replacement engine and fuel or payroll can require different structures and documents. Availability depends on the request and does not mean every expense fits one agreement.
Yes. Describe equipment purchases and operating costs separately, even if they form part of the same project. Each may require different documentation, security and repayment arrangements. Review the combined cash commitment before agreeing to multiple facilities.
Possibly, but the agreements must work together. Existing security interests, borrowing restrictions and required consents may affect a new arrangement. Share current balances and agreements early, and do not assume the same asset can support another facility without review.
The amount and timing depend on the business, product, documentation, verification and completion of approval conditions. Identify any purchase or project deadlines early. An application or financing discussion is not a commitment to fund.
GO A LITTLE DEEPER
Explore the documents, equipment questions and transaction details behind a financing request.
CANADIAN FINANCING GUIDE
Explore the considerations and preparation behind this financing topic.
CANADIAN FINANCING GUIDE
Explore the considerations and preparation behind this financing topic.
LET’S LOOK AT YOUR NEXT MOVE
Share your location, amount and purpose to begin a transportation & logistics financing discussion.
Financing is subject to application review and approval. Availability, costs, terms and documentation vary by business, product and location. This page provides general information and is not a financing offer.