Truck, Trailer Loans & Leasing Hamilton, Ontario
New and growing businesses in need of full-service truck, trailer and heavy equipment loan and lease services in Hamilton should talk to our GTA Financial Ltd. experts in the area. Many owner-operators and fleet managers face the dilemma of having to choose between buying and leasing a truck. At GTA Financial Ltd., we provide both short-term and long-term truck lease options, with the option to purchase at the end of the lease.
It is unfortunate that many drivers in the Hamilton trucking industry don’t know about all the available options for getting a truck. Owner operators, for instance, may only have enough funds to buy an old truck that has covered over half-a-million miles. But then they end up spending a lot more in maintenance and repair than they would have if they had leased a newer truck with the option of buying it later on.
Buying a Truck in Hamilton
There are many instances when buying a brand new truck is the best option, such as when you are familiar with the maintenance requirements and are up to the task. However, owning a truck requires a huge investment that could constrict your business cash flow and keep you from taking advantage of new hauling opportunities that come up.
New trucks also suffer drastic depreciation because of the extreme loads and driving conditions that they are exposed to. In the event that you feel that the trucking business is not right for you before you have recovered your investment, you may find it difficult to sell the truck at a good price, forcing you to dispose of it at a loss.
However, if you buy a used truck, you miss out on new technologies that emerge every year to improve fuel economy, engine performance, and other elements that make trucking more pleasant and profitable.
Truck Loan and Lease in Hamilton
Getting a truck lease or loan with GTA Financial Ltd. allows you to enjoy the benefits of driving a new truck, to maintain business cash flow, and provides you with unlimited access to different kinds of trucks to meet different trucking needs.
At GTA Financial Ltd., we loan out our trucks, trailers, and heavy equipment for short-term and long-term contracts depending on your needs. We fully maintain our trucks, allowing you to focus on the core operations of your business. In addition, drivers have the option to renew their contract with the same truck or a newer one, allowing you to enjoy emerging technologies.
Why GTA Financial Ltd. Is Your Best Loan and Lease Partner
We don’t dispute that you can get the same lease and loan services from other providers in Hamilton. But working with GTA Financial Ltd. has its own benefits that include:
- Competitive rates with respect to your credit
- Fast application and turnaround
- Fast closing
- Transparent dealings
Our expert team in Hamilton is always ready to provide new clients with critical information that will help them make informed decisions with regard to buying, leasing, or getting a truck loan. We provide personalized services, listening to the unique needs of each client, helping them to rationalize their business plans, and expediting their truck loan or lease applications so they can get back to their business as soon as possible.