Trailer Financing in Canada
Lease financing for new or used trailers
Transport professionals need the right trailers to move equipment and other cargo, whether that’s a heavy-duty lowboy for oversized loads, a versatile flatbed for materials, or specialized dump trailers for site cleanup.
However, in today’s market, acquiring a new trailer requires a massive cash outlay. This high price tag forces many owners to look for other solutions, including equipment lease financing.
Soluco is here to help. Through our partnerships with 25+ lenders across Canada, we provide fast, flexible lease financing for all types of trailers. We make it possible for you to access the transport equipment you need almost immediately. Our solutions help you preserve your working capital while providing a clear path to full ownership, so that your business can stay mobile, profitable, and ready for the next load.
Types of trailers eligible for leasing
Soluco offers lease financing for a wide range of trailers. Don’t see the equipment you need on our list? Contact one of our advisors for help.
- Belly dumps (bottom dumps)
- B-trains
- Chassis
- Curtain-siders
- Dry vans
- End dumps
- Equipment trailers
- Flatbed trailers
- General utility trailers
- Live bottom trailers
- Livestock trailers
- Lowboys (double drop)
- Refrigerated trailers
- RGNs (removable gooseneck)
- Side dumps
- Élément de liste
- Timber trailers
- Travel trailers
- Etc.
Trailer financing in 3 easy steps
Soluco offers a simple, 3-step leasing process so you can quickly find financing for the new or used trailer you need.
Step 1: Find your trailer
Find the trailer you need for your business from a trusted source such as a private seller or dealer listing.
Step 2: Apply for financing
Fill out an application form to apply for lease financing.
Step 3: Get approved
We approve lease applications in as little as 24 to 48 hours. No waiting weeks or months to access the trailer you need.
Why lease trailers with Soluco?
Deduct 100% of your lease payments
Your equipment lease payments can be 100% tax-deductible as an operating expense for a business. This can lower your overall tax burden and improve your profitability.
Quick approval
We offer quick approvals, usually within 24-48 hours. We also offer flexible payment plans, including options that can be tailored to your seasonal equipment needs.
No impact on borrowing capacity
When you apply for lease financing with Soluco, your business’s borrowing capacity with other banks won’t be affected. Meanwhile, you benefit from the convenience of predictable monthly payments.
Sales tax spread ver the lease term
When transferring the ownership of your equipment, our lenders cover the associated tax costs, allowing you to maintain your cash flow and pay the tax over the term.
Choose the best approach to trailer financing for your business
Soluco provides a full array of financing services to support your business growth.
In addition to equipment leasing solutions, we offer:
- Working capital loans so you can stay competitive and thrive.
- Equipment refinancing solutions to replace current loan or lease terms.
- Invoice factoring services so you can convert outstanding invoices into cash.
- A vendor equipment financing program so we can partner with Canadian businesses to help customers access the equipment they need at the best rates.
Find out more about trailer financing with Soluco
- Discover 6 Practical Advantages of Trailer Leasing
- Find answer to FAQs on Equipment Lease Rates in Canada
- Take a short quiz: Should You Lease or Buy Your Heavy Equipment?
Need more information about our services?
Our team is always available to answer any questions and provide you with the guidance you need. Contact us today and one of our experienced financing brokers will get back to you shortly.