Truck, Trailer Loans & Leasing Brampton, Ontario
The trucking industry in Brampton is booming, but it is not always a good idea to start or grow your trucking business by buying additional trucks. If you are unsure about how to proceed, we suggest you visit GTA Financial Ltd. in Brampton to discuss your options.
GTA Financial Ltd. provides truck loan and lease services to drivers looking to get into the trucking business, as well as fleet managers hoping to scale their business. With operations spread across North America, we have built a strong reputation for providing affordable truck, trailer, and heavy equipment loan services.
Truck Loan and Lease in Brampton
There are many factors to consider before purchasing a truck, either as an owner-operator or a fleet manager. If you have fulfilled the necessary legal requirements, including getting a commercial driver’s license for tractor-trailers, the next step is to determine whether you want a truck that is brand new or used. Next, you need to consider how to finance the transaction—with a purchase, loan or lease.
The cost of purchasing a brand new truck in Brampton is quite prohibitive, with mid-range trucks selling for about $75 000, and over-the-road tractors for over $100 000. The costs have gone up due to government emissions and safety requirements, as well as the higher cost of materials.. Still, some people may choose to invest the funds, citing less downtime and low maintenance as the key factors.
New trucks take advantage of the latest technologies to save on fuel, escape traffic, avoid accidents, reduce emissions and cut down other costs. In addition, new heavy-duty engines make use of selective catalytic reduction with nitrogen oxide in the exhaust to reduce the load on the engine, which in turn prolongs the life of the truck. Buying makes a lot of sense for someone in the trucking industry. But if the funds are not available, you can enjoy all those benefits by leasing a new truck.
Why GTA Financial Ltd. Is Your Best Loan and Lease Partner
GTA Financial Ltd. cares about our Brampton customers. We want you to get the truck, trailer or equipment that you need with the best rates on the market, and a trouble-free process. Some of the reasons to choose TLC include:
- Competitive rates, depending on your credit limit
- A simple and fast application process
- Transparent transactions
- Speedy closing
We realize that most of our clients in Brampton are not aware of their full range of options when looking for a truck. When you come to GTA Financial Ltd., our friendly customer service representatives will provide you with the necessary information to make an informed decision. They will explain the different options to you, advise you on how the different options can apply to your case, and update you on all current offers and specials that might influence your decision.
If you have never leased a truck before, or if you are looking for a faster turnaround than what you are used to, then contact our expert TLC team in Brampton to discuss the way forward.