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Fleet Loans Canada - Finance Your Vehicle Fleet Efficiently

One application. 7 lenders from our 50+ network. Funded in 24 to 48 hours.

7 lenders in our network serve Canada. Borrow $2,500 to $50 million from 5.5% APR, with funding as fast as 48 hours. Most lenders require 12 months in business and $10,000 monthly revenue. Rates reviewed August 2026.

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Three questions about your business, and it filters this list instantly.
Revenue: AnyAmount: Any Product: Any Sort: Recommended
★★★★★ 4.4 (5)
Amount
$5K - $50M
Rate
From 5.5% APR
Terms
12 - 120 months
Min revenue
$10,000/mo
Time in business
12+ months
Best for Established businesses financing heavy equipment or trucks over a long amortization · Equipment financing · Also offers: truck loan
★★★★★ 5.0 (8)
Amount
$5K - $5M
Rate
From 9.99% APR
Terms
12 months
Min revenue
$10,000/mo
Time in business
12+ months
Best for Established businesses needing a large raise with flexible underwriting · Equipment financing
★★★★★ 4.9 (12)
Amount
$15K - $50M
Rate
From 5.5% APR
Terms
12 - 84 months
Min revenue
$10,000/mo
Time in business
12+ months
Best for Businesses financing larger equipment or commercial trucks who can meet a higher entry point · Equipment financing · Also offers: truck loan
★★★★★ 4.9 (11)
Amount
$10K - $1.5M
Rate
From 7.99% APR
Terms
3 - 24 months
Min revenue
$10,000/mo
Time in business
6+ months
Best for Businesses six months old that need a large term raise and want a line and an advance available too · Equipment financing · Also offers: truck loan
★★★★★ 4.6 (13)
Amount
$5K - $500K
Rate
From 9.99% APR
Terms
4 - 12 months
Min revenue
$10,000/mo
Time in business
6+ months
Best for Businesses six months old that want a term loan without a full year of history · Equipment financing · Also offers: truck loan
★★★★★ 4.8 (6)
Amount
$5K - $50M
Rate
From 7% APR
Terms
5 - 96 months
Min revenue
$10,000/mo
Time in business
12+ months
Best for Established businesses seeking the lowest published rate or a very large raise · Equipment financing · Also offers: truck loan
★★★★★ 4.8 (3)
Amount
$2.5K - $1M
Rate
From 7.5% APR
Terms
3 - 72 months
Min revenue
$10,000/mo
Time in business
12+ months
Best for Established businesses wanting a low rate with a long repayment runway · Equipment financing

How a fleet facility differs from a loan per vehicle

A single facility covering multiple units simplifies administration and usually prices better than separate agreements.

Structure One approved limit, with units drawn against it as you acquire them.
Adding units Usually possible within the limit without a new application, subject to age and type criteria.
What is assessed The operation rather than the individual units: revenue, contracts, operating history, and the age and mix of the existing fleet.
Pricing Established operators with steady contracts see the best terms, since the lender underwrites the business more than the metal.
Unit age. Age limits still apply per unit even within a facility.
Mixed fleets. Vehicles and trailers can usually sit in the same facility on different terms.
Reflects how Canadian equipment lenders structure fleet facilities.

Common questions

What is fleet financing?

A single facility covering multiple vehicles or units rather than a loan per asset, which simplifies administration and often prices better than separate agreements. Units can usually be added or replaced within the approved limit without a new application.

How is a fleet assessed?

On the operation rather than the individual units: revenue, contracts, operating history, and the mix and age of the existing fleet. Established operators with steady contracts see the best pricing, since the lender is underwriting the business more than the metal.

Can I add units to a fleet facility later?

Usually yes, within the approved limit and subject to the unit meeting the lender's age and type criteria. That flexibility is the main reason to structure a facility rather than financing each vehicle separately.

One application. 7 lenders. Get Funded