Truck and Equipment Leasing Made Simple

Need trucks or heavy equipment for your business?

Truck and equipment leasing is a smart, flexible way to get the vehicles and machinery you need — without the heavy upfront costs of buying.

The leasing company owns the truck or equipment.
Your business makes regular payments to use it.
You can upgrade to newer models more easily.
Lease payments may also help reduce your business taxes.

At Mehmi Financial Group, we make leasing fast, affordable, and hassle-free for Canadian businesses.

Lease Smarter

Flexible leasing plans built around your business’s cash flow, with customized terms to fit your financial needs and help you manage expenses more smoothly.

Borrow up to $500,000

Rates starting at 4.99%*

Terms up to 72 months

Funds within 48 hours

Get Started Contact Us

What Kind of Trucks and Equipment Can You Lease?

You can lease many kinds of equipment your business needs to operate, except for land or buildings. This includes things like:

Trucks: Transport trucks, dump trucks, delivery vans, tow trucks.
Trailers: Flatbeds, refrigerated (reefer) trailers, dry vans.
Construction Gear: Excavators, loaders, bulldozers, backhoes.
Other Equipment: Forklifts, specialized machinery.

Leasing makes it easier to get the right trucks and equipment, or upgrade to newer models when you need them.

Why Lease Trucks and Equipment?

Leasing can be a really smart choice, especially for costly items like trucks and heavy machinery:

Save Big Money Upfront: You don't need a huge pile of cash to start using the truck or equipment.
Smaller, Regular Payments: Pay over time instead of one massive price tag.
Keep Cash Free: You'll have more money available for fuel, jobs, payroll, and other business costs.
Flexibility: Lease payments can often be set up to match your business's income flow.

Leasing helps businesses get the essential trucks and equipment they need without the huge upfront cost of buying.

Smart Equipment Leasing That Keeps Your Business Moving

At Mehmi Financial Group, leasing gives you a flexible, tax-efficient way to get the equipment you need — without tying up your cash. With multiple end-of-term options, you stay in control of your assets and expenses.

‍$10 Buyout – Own the equipment for just $10 at the end of the lease.
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‍Fixed Buyout your costs upfront with a set residual (10–20%).

‍Fair Market Value – Decide later with the option to pay market price, refinance, or return.We’ll also tailor your payment structure to match your cash flow — so you can grow on your terms.Let’s talk about the best leasing plan for your business.

Eligibility criteria

To qualify for a personal loan, you must meet the following requirements.

Be at least 18 years old
Have a minimum monthly income of $2,000
Have a credit score of 600 or higher(lower scores may still be considered)
Be a citizen or legal resident of [India]

Apply now

Documents required

Proof of identity

Proof of income

Proof of address

Bank account details

Frequently asked questions

Explore our range of AI services designed to optimize operations, enhance decision-making, and drive growth.

How does using equipment now help my business before it's fully paid off?

Leasing lets you use the equipment right away to start making money. The income you earn can be more than your lease payments, helping your cash flow before you even finish paying.

Who can lease equipment?

Any registered business in Canada — small or medium — can apply. Different lenders have different rules, but we’ll help you find the right one for your needs. Get started today and we’ll connect you to the best lender for your business.

Can I get equipment without big upfront costs?

Yes! With our leasing options, you don’t need to make a big upfront payment. You can keep your cash in the business and make easy monthly payments over 2 to 5 years.

How fast is approval?

Approval times can vary, but we usually process applications within 48 hours. Some lenders may even give you a decision in just a few business days.

Does leasing add to my business debt?

No — leases usually don’t count as debt and won’t impact future loan options.

Can I lease used equipment?

Yes! We offer leasing for both new and used equipment. Whether you want the latest technology or a cost-effective used option, we’ll help you find a lease that fits your needs and budget.

Are there tax benefits to leasing?

Yes! Lease payments count as a business expense and can be written off on your income taxes. You can also spread the sales tax over the lease term for more ongoing savings.

Are lease terms and payments straightforward?

Yes — clear terms, no hidden fees, and simple payments you can trust.