Truck Loan Newmarket

A truck loan allows you to purchase or lease a commercial truck or trailer without tying up your working capital. Instead of paying the full amount upfront, you spread costs into manageable monthly payments that fit your business cycle. For Newmarket businesses serving the Greater Toronto Area, trucking is essential for construction, distribution, and regional trade. A dedicated truck loan helps you grow, modernize equipment, and stay competitive without straining your cash flow.

With Mehmi, you can finance:

Truck loans range from $20,000 to $500,000+, depending on the vehicle and your business profile.

Our financing programs are built for owner-operators who need fast approvals and clear payment terms, as well as fleet owners who require scalable solutions to add or refinance multiple units. With options for truck leasing, businesses can access newer models while preserving capital for fuel, maintenance, and payroll.

We offer flexible repayment terms, competitive rates, and approvals within 24–48 hours. Whether you’re purchasing from a dealer, buying at auction, or acquiring equipment from a private seller, we make the process straightforward. Trailer financing is also available, giving Newmarket businesses the flexibility to expand both trucks and hauling capacity. Mehmi ensures every financing solution is designed to support long-term growth and stability.

Newmarket is a growing hub in York Region, with close ties to Toronto and Ontario’s major trade routes. Mehmi understands the financing challenges faced by both local drivers and fleets, and we’ve built programs to serve every scenario — from new truck purchases to refinancing existing vehicles.

We work with a wide network of Canadian lenders, which allows us to help clients with strong credit and those rebuilding their financial history. With fast approvals, transparent terms, and programs for both trucks and trailers, Mehmi has become a trusted financing partner for businesses across Newmarket and beyond.