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Offering Financing Solutions in Toronto
Get Truck Loans with Easy Approval and Low Interest
As the most trusted truck loan providers near Toronto, we have loan and lease opportunities for everyone.
We provide truck loans that cater to all budgets and business size. Help us understand your business and we will make sure that we get you what you need.
- Loans for new and used trucks and trailers
- Plans and offers for every budget and business size
- Personalized advice on truck financing and leasing
We build and nurture relations
Lease Equipment for All Makes and Models of Trucks
Pick the truck of your choice from the dealer of your choice. Whether it is a Peterbilt or Wester Star, Isuzu or Freightliner with Detroit engine, we can finance it for you!Apply Now
Looking for a trailer to match with your freight liner? Just pick one, be it an Aluminium Hopper Dump, Tag-a-long trailer, or Great Dane, and we will finance it for you.Apply Now
Need construction equipment or other machinery? Whether you need dry bulk tanks, walking floors or any other large equipment, we can help you lease it from the best dealers.Apply Now
Need construction equipment or other machinery? Whether you need dry bulk tanks, walking floors or any other large equipment, we can help you lease it from the best dealers.Read More
Working hard to earn our customers’ trust. Explore All Services
Why Choose Us
Offering Personalized Truck Financing Solutions
- 2639 Islington Avenue, Suite 1 Toronto, Ontario, M9V 2X4.
- Monday - Friday
- 09:00 AM - 06:00 PM
If you have any questions or need help, feel free to contact with our team.416-200-2441
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Reach out and send a message. Our team will get back to you as soon as possible.
Frequently asked questions
Lease financing is a highly prevalent financing solution for businesses seeking to acquire equipment. This option enables the repayment of the equipment cost to be spread over several months, while also offering tax-deductible benefits.
Lease financing is very simple. The purchaser chooses the equipment and the vendor, and fills out a one-page credit application form. A follow-up is conducted within 24 hours, and a final decision is issued shortly thereafter.
There are five key advantages to leasing equipment
- A straightforward and fast financing application and approval process.
- Protection of your working capital, as monthly rentals are typically lower than the total cost of the equipment, allowing you to preserve your line of credit.
- Preservation of your borrowing capacity from banks, which can be reserved for financing options that only they can provide.
- Tax deductibility of your monthly rentals.
- Exemption from sales taxes when acquiring equipment.
Interest rates for truck loans are determined by a variety of factors, including your credit score, business revenue, length of time in business, and the type of truck being financed. Generally, the better your credit and the more established your business, the lower your interest rate will be.
Yes, it is possible to get approved for a truck loan with bad credit. However, you may be required to provide a larger down payment or pay a higher interest rate due to the increased risk associated with lending to those with poor credit.
No, the funds from a truck loan can be used for any business-related purpose, including purchasing new or used trucks, financing repairs or upgrades, or covering other business expenses.
The truck financing process can vary depending on the lender and your specific situation. Generally, the process can take anywhere from a few days to several weeks. It's important to gather all necessary documents and information beforehand to help speed up the process.
With any financial product that you buy, it is important that you know you are getting the best advice from a reputable company as often
1500 Satisfied Users Over The Globe
"I must say that if it weren't for Toronto Truck Loan I would probably still be driving for someone else. Thanks, Toronto Truck, for the opportunity of a lifetime."
“My brother Ramon got a truck financed from Toronto Truck Loan...He was impressed with how helpful everyone was in the process and was very happy with my decision. So, I decided to get a truck and ditto his comments."
“My experience here has been great. This is my 3rd truck I have leased through Toronto Truck Loan and their team has been very nice to work with. I have had no problems with Toronto Truck Loan at all.”
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