Bus Fleet Financing in Toronto, Ontario

As the largest city in Canada, Toronto is a dynamic metropolis with over 2.8 million citizens. Many folks rely on public transportation as their primary mode of transportation, and as the population rises, companies are looking into investing in additional bus fleets to handle supply. When investing one, it’s common to undergo some form of bus fleet financing, as a group of trucks can be quite expensive. However, depending on which channel you acquire your financing from, this process can be very frustrating. Some providers take weeks to process your applicant leaving you idle and frustrated. That’s why at Smarter Loans, we only partner up with bus fleet loan providers that value their customer’s time and guarantee timely deliveries. It doesn’t assist the situation that these investments are as niche as they are making it even difficult to source reliable loan providers. However, applicants that work with Smarter Loans have attested to receiving the best service they have ever received within bus fleet financing.

We are constantly maintaining their application process to provide the most comprehensive application experience possible.

A large portion of time is spent on deciding which provider they should work with. Our mantra is that if there is a reliable resource for applicants to visit and make a decision off of, the entire process would be much faster. Thus, we organized all the necessary information one might need to make a firm decision for which provider they should work with. View the list below these paragraphs to find some of our providers’ offerings such as their interest rates and customer reviews.

When you have decided on a provider to work with, click the “Apply Now” button to begin filling out an application form. Those that require some help when picking a provider can pre-apply at Smarter Loans instead. We can assist you by using our expertise to match you with the most fitting bus fleet loan provider in Toronto that will most definitely complement your needs.

Company
Amount
Interest Rate
Reviews
Terms
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$50,000 - Unlimited
Varies
Varies
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$500 - $35,000
5.9% - 39.9%
12 - 60 Months
$500 - $35,000
19.99% - 46.96%
9 - 120 Months
$500 - $20,000
19.99% - 46.8%
6 - 60 Months
$500 - $30,000
19.99% - 39.99%
6 - 120 Months
Up to $35,000
Starting at 5.15%
Varies
$1,500 - $12,500
19.99% - 34.99%
12 - 60 Months
$100 - $15,000
46.93%
12 - 60 Months
$500 - $10,000
12.99% - 39.99%
9 - 36 Months
$500 - $10,000
19.99% - 46.99%
12 - 36 Months
$2,000 - $10,000
34.9% - 43%
12 - 60 Months
$100 – $15,000
46.93%
Open Line of Credit
$500 - $10,000
46.93%
Open Line of Credit
$2,000 - $10,000
18.9% to 54.9%
12 - 60 Months
$1,000 - $35,000
5.6% - 25.5%
36 - 60 Months
Company
Amount
Interest Rate
Reviews
Terms
$5,000 - $100,000
Starting at 29%
4 - 6 months
$5,000 - $100,000
Starting at 6.87%
3 - 18 Months
$5,000 - $250,000
Starting at 9%
3 - 18 months
$10,000 - $300,000
Starting at 6.99%
4 - 18 Months
$4,000 - $300,000
5.49% - 22.79%
6 - 60 Months
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$5,000 - $250,000
Starting at 9.99%
6 - 24 Months
$5,000 - $150,000
8.99% - 18.99%
3 - 24 Months
$5000 - $500,000
12.99% - 39.99%
6 - 18 Months
$5,000 - $100,000
Starting at 15%
12 - 18 Months
$5,000 – $500,000
Starting at 5.9%
3 – 60 Months
Company
Amount
Interest Rate
Reviews
Terms
$100 - $15,000
46.93%
12 - 60 Months
$100 - $1,500
Varies
Up to 2 months
$100 - $1,500
Varies by Province
Up to 62 days
Company
Amount
Interest Rate
Reviews
Terms
$3,500 - $49,500
8.99% - 29.5%
12 - 84 Months
$5,000 and up
9.9% – 31%
24 – 84 months
$5,000 - $40,000
Starting at 2.9%
12 - 72 Months
Company
Amount
Interest Rate
Reviews
Terms
$50,000 and Up
Varies
Varies
$10,000 and up
Varies
12 Months
Varies
Starting at 2.90%
Varies
$50,000 - Unlimited
Varies
Varies
$50,000 - Unlimited
Varies
Varies
$50,000 - Unlimited
Varies
Varies
$10,000 - $25,000
Varies
12 - 60 months
Company
Amount
Interest Rate
Reviews
Terms
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$50,000 - Unlimited
Varies
Varies
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$50,000 - Unlimited
Varies
Varies
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$50,000 - Unlimited
Varies
Varies
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$10,000 and up
Varies
12 Months
$500 - $35,000
19.99% - 46.96%
9 - 120 Months
$500 - $30,000
19.99% - 39.99%
6 - 120 Months
Up to $35,000
Starting at 5.15%
Varies
$50,000 - Unlimited
Varies
Varies
$350 - $25,000
Varies
12 - 60 months
$50,000 - Unlimited
Varies
Varies
Company
Amount
Interest Rate
Reviews
Terms
$500 - $10,000
19.99% - 46.99%
12 - 36 Months
$350 - $25,000
Varies
12 - 60 months
Company
Amount
Interest Rate
Reviews
Terms
$10,000 and up
Varies
12 Months
$500 - $35,000
19.99% - 46.96%
9 - 120 Months
$500 - $30,000
19.99% - 39.99%
6 - 120 Months
Up to $35,000
Starting at 5.15%
Varies
$350 - $25,000
Varies
12 - 60 months
Company
Amount
Interest Rate
Reviews
Terms
$4,000 - $300,000
5.49% - 22.79%
6 - 60 Months
$5,000 - $100,000
Starting at 15%
12 - 18 Months
Company
Amount
Interest Rate
Reviews
Terms
$500 - $35,000
5.9% - 39.9%
12 - 60 Months
$500 - $20,000
19.99% - 46.8%
6 - 60 Months
$500 - $30,000
19.99% - 39.99%
6 - 120 Months
$1,500 - $12,500
19.99% - 34.99%
12 - 60 Months
$500 - $10,000
12.99% - 39.99%
9 - 36 Months
$500 - $10,000
19.99% - 46.99%
12 - 36 Months
$2,000 - $10,000
34.9% - 43%
12 - 60 Months
$2,000 - $10,000
18.9% to 54.9%
12 - 60 Months
$1,000 - $35,000
5.6% - 25.5%
36 - 60 Months
Company
Amount
Interest Rate
Reviews
Terms
$10,000 and up
Varies
12 Months
$500 - $35,000
19.99% - 46.96%
9 - 120 Months
Up to $15,000
19.99% - 24.99%
Up to 84 Months
$1,600 - $10,000
7.26% - 29.95%
36 - 60 Months
$1,500 - $2,500
15.99%
24 - 36 Months

Toronto Information Sheet

  • Toronto’s average household income is $82,900.
  • Toronto’s high employment sectors are manufacturing, accommodation and food services, educational services.
  • As per the most up-to-date independent research, an average resident of Toronto makes $54,000 per month.
  • Employment rate is: 60%.
  • Toronto year of incorporation: 1834 is a municipality in Southeastern Ontario. The population of Toronto stands at 2,732,000 people.
This data was researched in 2019 and uses various information resources, including Canada’s National Statistics Agency, etc., where the information can be as of an older date. The facts above may change as new information becomes available. We do our best to keep the information up to date.

Our online financial platform is your one stop shop for finding well-established Bus Fleet Loan providers in Toronto for all your borrowing needs.

Review our directory of Bus Fleet Loan companies to find the most competitive Bus Fleet Loan rates in Toronto

Bus Fleet Loans are usually used for the following purposes (including but not limited to)

  • help when you have limited cashflow to work with
  • alleviate various repair and maintenance costs by maintaining a newer bus fleet
  • get flexible, customized financing designed for the bus and transportation industries
  • add equipment such as retractable ramps, security cameras, or an A/C system to a bus
  • expand your transportation business
  • maximize available funds and even out capital payments over time
  • purchase new busses for your fleet

just to name a few.

Different Types of Loans in toronto

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