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Semi Truck Loans & Financing in Canada

  • chTruck Loans up to $1 Million
  • chRates as low as 7%
  • chCompare offers from Top Truck Lenders in Canada
up Last updated

June 12, 2025

The trucking industry in Canada has risen in demand dramatically. As a result, tons of new drivers are entering the scene with their own trucks. A popular choice is semi-trucks due to their flexible to do multiple functions. A semi-truck operates as a tractor unit and carries trailers depending on the job. Generally less expensive than other trucks due to their versatility, it’s evident that to invest in one, you’ll need some financing.

At Smarter Loans, there are plenty providers available at your disposal to look towards. Our team at Smarter Loans has worked with a roster of semi-truck loan providers to offer to our applicants. We have condensed the application process where in a matter of days, you could be driving your new semi-truck on its first job. Our goal at Smarter Loans is to help you connect with the most reliable semi-truck loan providers in the country. With our help, you can rest assure that it’s easier than ever to acquire a semi-truck loan. All you need is a computer with some Internet access and you can find yourself securing one of these loans. Another option to consider is the ability to pre-apply through Smarter Loans instead. Once you send an application to our system, either a team member of ours or a provider will reach out to you to assist you with the process. Feel free to look at the list below to view some of the providers we work with in Canada.

If a provider catches your eye in particular, just apply directly through them by clicking the “Apply Now” next to their name. Sometimes it’s difficult to choose between the options so instead you can pre-apply through Smarter Loans. We can ensure you that you will receive a semi-truck loan from one of our providers that you will be happy about.

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Compare Lenders

AMOUNT
$5,000+
INTEREST RATE
Varies
TERMS
12 - 120 Months
AMOUNT
$15,000 and up
INTEREST RATE
5.5% - 14%
TERMS
12-84 months
AMOUNT
$10K - $1.5M
INTEREST RATE
From 7.99%
TERMS
3 - 24 Months
AMOUNT
$5K - $500K
INTEREST RATE
Varies
TERMS
4 - 12 Months
AMOUNT
$15K - $1M
INTEREST RATE
From 8%
TERMS
3 - 24 Months
AMOUNT
$5K - $500K
INTEREST RATE
From 7.99%
TERMS
6 - 24 Months
AMOUNT
$5K - $50M
INTEREST RATE
From 7%
TERMS
5 - 96 Months
AMOUNT
$2,500 - Unlimited
INTEREST RATE
Starting at 3.9% - 34.9%
TERMS
3 - 240 Months

Awesome G.
04:46 26 Feb 25
I’m very honoured to shear my experience with this illustrious platform. To be able to systematically choose from a list optional to one’s profile without doing much leg work is truly rewarding. This platform allowed to expand my options and chose which lenders fit my profile, thank you and continue doing what you do best,, connecting people to available wealth opportunities.
Pat M.
03:10 26 Feb 25
Good place to get a loan
Chris “Stufphr” H.
02:07 26 Feb 25
When you feel in need of a loan do it smart and make it a Smarter Loans.
Dan Bott (.
01:41 26 Feb 25
Very Helpful, was assisted in a timely fashion and was ultimately able to receive assistance; I highly recommend!!!
joel K.
22:59 25 Feb 25
I have recommended this place to many friends I feel that this company goes out of their way to help people that they can and they are very easy to work with
Nate C.
13:22 27 Oct 24
This company is reliable, quick, and just has the best customer service and rates it is a easy process with quick results. Would definitely recommend to anyone that needs the help.
Vincent J.
07:08 23 Oct 24
Good place for borrowing a bit of money 😁
Kels H.
06:41 23 Oct 24
Personally love this opportunity and app. Super convenient and easy to use and super awesome variety of great loans. Thanks so much guys for making such an awesome site and app and being there for me over the years. :)
Tara H.
16:23 16 Oct 24
From beginning to end, my experience was great! Very professional and personable agents. They only asked questions that were needed for the loan and payments were extremely reasonable. Would recommend to anyone who needs emergency funds.
A S.
19:43 11 Oct 24
“ Thank you SO very much! My situation was tricky and you guys made the whole process so effortless. The way you guys handle the whole process so discreetly. That truly speaks to how well your office is run and the caliber of specialists who handled the processing of my entire loan!”

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