Truck Loan Cambridge
Looking for a truck loan in Cambridge, Ontario? Mehmi Financial Group helps owner-operators and fleet owners in Cambridge and the Waterloo Region finance new and used trucks and trailers. Whether you’re buying your first rig, refinancing to reduce payments, or expanding your fleet to meet growing demand, we provide quick approvals, competitive rates, and flexible repayment terms designed for local trucking businesses.
What is a Truck Loan?
A truck loan allows Cambridge drivers and logistics companies to purchase or refinance commercial trucks without draining their working capital. For owner-operators, it means affordable monthly payments that make it easier to get on the road. For fleet owners, it provides the ability to add multiple trucks, replace aging equipment, or refinance existing loans to improve cash flow.
With Mehmi, you can finance:
- New or used trucks from dealers, auctions, or private sellers
- Trailers including reefers, dry vans, tankers, and flatbeds
- Refinancing of existing truck or trailer loans
- Leasing programs and sale-leaseback options for cash flow flexibility
How Much Can I Get?
Truck loans in Cambridge range from $20,000 to $500,000+, depending on the vehicle and your business profile.
- Approvals in 24–48 hours
- Flexible terms up to 72 months
- Payments tailored to your cash flow
Example:
- $50,000 used day cab → approx. $1,100/month
- $100,000 truck + trailer → approx. $2,200/month
Benefits of Our Truck Loans in Cambridge
Flexible funds. Fast decisions. Full control.
Our Cambridge financing solutions are designed for both independent drivers and established fleets. We offer truck loans and leasing options with fast approvals in as little as 24–48 hours. By working with over 30 Canadian lenders, Mehmi provides financing for dealer, private-sale, and auction purchases — including programs for businesses with challenged credit.
For owner-operators, this means quick access to financing with manageable monthly payments. For fleet owners, it means structured loan programs that support growth across Cambridge, Kitchener-Waterloo, and Southwestern Ontario.
What Documents Do I Need? (Checklist)
- Driver’s license
- Truck or trailer bill of sales or sales quote
- Last 3 months of business bank statements
- Articles of Incorporation
- Our fast credit application completed
For loans above $200,000
- Current Business Financials Required
Why Choose Mehmi for Truck Loans in Cambridge?
At Mehmi Financial Group, we specialize in transportation financing and understand the needs of trucking businesses in Cambridge and the Waterloo Region. With major highways connecting to the GTA and Southwestern Ontario, Cambridge is a vital hub for logistics, distribution, and manufacturing supply chains — and fleets here need reliable financing to stay competitive.
Whether you’re an owner-operator financing your first truck or a fleet owner adding units across Cambridge, Kitchener, and Guelph, Mehmi delivers tailored loan solutions. With 30+ lending partners, flexible repayment terms, and support for both new and used trucks and trailers, we provide financing that helps local businesses grow and stay on the road.