Mack

Mehmi Financial Group helps businesses finance and lease Mack equipment, including trucks, in Canada and the USA. As a brokerage, we compare options from banks, equipment finance companies and alternative lenders for new and used Mack units, from dealer purchases to private sales. Approval, rates and terms are set by each lender.

About Mack Trucks

The Mack brothers built their first motorized vehicle, a bus, in 1900, and the Mack nameplate appeared on trucks from 1910. Mack trucks are built at Lehigh Valley Operations in Macungie, Pennsylvania, which opened in 1975. Mack is part of the Volvo Group.

Mack models

Mack's current lineup includes the Anthem for highway and regional haul, the Granite for vocational and construction work, the Pinnacle, the MD medium-duty series and the LR Electric refuse truck. Older models such as the CH613 and CXU613 remain common on the used market and appear on our eligible equipment list.

How lenders view Mack trucks

Mack has a strong reputation in vocational work: dump, mixer, refuse and heavy haul. Lenders review model year, odometer reading, engine and emissions history and, on vocational trucks, the body and contracts. For refuse trucks, municipal or private collection contracts can strengthen the file. Electric refuse trucks bring questions about charging and routes.

Financing Mack trucks

Mack dealers offer manufacturer-backed financing, and comparing it with banks and independent lenders helps on used trucks, private sales and fleets running several brands.

How Mack equipment financing works

Most Mack purchases are financed with an equipment loan or a lease. A loan gives you ownership from day one, with the lender registering a security interest (PPSA in Canada, UCC in the USA). A lease keeps title with the lessor and can lower the monthly payment, with a buyout, renewal or return option at the end.

Mack equipment we help finance

Financing Mack trucks

Trucks are financed by owner-operators, fleets and vocational businesses. Lenders review model year, odometer reading, engine and emissions history, and your operating authority and driving experience. Specification matters: sleeper or day cab, axle configuration and body type all affect resale demand. For older or high-kilometre units, lenders may ask for proof of an engine rebuild or a mechanical inspection.

Mack trucks on our eligible equipment list include Mack LR Electric Refuse Truck.

What lenders check on a Mack truck

Lenders look at model year, odometer reading, engine and emissions history, and your driving or operating experience. Long-haul use is often reviewed more closely than local or vocational work.

Expect to provide a credit application, recent business bank statements, the dealer quote or bill of sale with serial number and kilometres or miles, and financial statements or tax returns for larger amounts.

See the full list of eligible equipment, compare equipment financing options, or estimate payments with the equipment financing calculator.

All Mack models with financing pages

Tax treatment of Mack equipment

In Canada, trucks and tractors designed for hauling freight with a gross vehicle weight rating over 11,788 kg generally fall in CCA Class 16, while other trucks and vehicles generally fall in Class 10. Trailers have their own rules, so confirm the class with your accountant. With a loan, you generally claim capital cost allowance and deduct interest. With a true operating lease, lease payments are generally deductible instead. See the CRA classes of depreciable property. In the USA, Section 179 and bonus depreciation may apply; see IRS Publication 946. Always confirm with your accountant.

Can I finance a used Mack Granite dump truck?

Yes. Lenders review mileage, the dump body and your construction contracts.

Where are Mack trucks built?

At Lehigh Valley Operations in Macungie, Pennsylvania, which opened in 1975.

Can I finance a Mack refuse truck?

Yes. Collection contracts strengthen the application, and the body is usually financed with the chassis.

Can I finance a Mack Anthem for long-haul?

Yes, with driving experience, a down payment and freight lined up.

Can I finance a Mack LR Electric?

Some lenders finance electric refuse trucks. Expect questions about charging and routes.

Should I compare Mack dealer financing with other lenders?

Yes, especially for used trucks and private sales.