The truck
The truck is transportation equipment. It can be financed by a term loan to purchase, by a capital lease, or by an operating lease with no purchase guarantee.
Versa CapitalProducts
Truck and trailer financing
For businesses in Quebec that finance a truck or a trailer, which is transportation equipment.
The need
Transportation equipment in the catalogue
The Transportation sector on the site is about transportation equipment. Here, that means trucks and trailers, two assets used for the movement of the business.
A truck and a trailer can be presented in the same file or in two files. Versa Capital does not decide that split in advance: it follows the need described and what the partners agree to review.
The two assets
The truck and the trailer
The trailer
The trailer is also transportation equipment. The contract says whether it is financed with the truck or separately. This site does not set one rule that would apply to every file.
Who it is for
Businesses that move material
The page is first for businesses in the Transportation sector. A business in another sector on the site, for example construction or agriculture, may also need a truck: the asset remains transportation equipment.
If the truck or the trailer is already paid for and the business wants to review the financing, the file belongs with equipment refinancing, not with a new purchase.
Who it is for
Sectors concerned
The site already places this need in the Transportation sector.
Transportation
- Transportation equipment
Our approach
Support in five steps
- 1
Understand
Grasp the business, its operations, its industry, its financial position and its ambitions.
- 2
Structure
Build a financing approach suited to the project, the profile and the client objectives.
- 3
Position
Prepare the file and present it to the appropriate financial partners, with its strengths made clear.
- 4
Compare and explain
Compare the options and make their effects easy to understand, so the decision is an informed one.
- 5
See it through
Coordinate the documentation, the negotiation, the signing and the funding, then remain available after the transaction.
More than 20 financial partners. One point of contact to compare and negotiate your options.
FAQ
Common questions
Does this page cover both trucks and trailers?
Yes. Both are transportation equipment, the asset already named in the Transportation sector of Versa Capital.
Does the truck and the trailer need one contract?
Not necessarily. They can be combined or kept separate, depending on the project and on what the partners will review. The site does not impose one way of doing it.
Which forms of financing are in the catalogue?
A term loan to purchase, a capital lease, and an operating lease with no purchase guarantee. The detail of leasing is on its own page.
Can an owner in another sector finance a truck?
Yes, if the need is transportation equipment. The industry of the business does not change the nature of the asset.
How does Versa Capital handle the file?
The team understands the intended use, proposes a structure, presents the file to more than 20 financial partners and compares the replies with the business.
Is there a tax treatment specific to trucks?
Versa Capital does not publish one. The treatment depends on the contract and on the business. An accountant or a tax advisor must confirm it before signing.
Contact
Let us talk about your project
Every project deserves a considered structure.
Describe your financing need. An advisor at Versa Capital will contact you.