Eligibility
What lenders look for
- Canadian registered carrier or owner-operator
- Tractor with a verifiable VIN and supportable value
- First-time buyers and rebuilding credit considered
New or used, any seller · Terms 24 to 72 months · Pair with invoice factoring
Semi-truck financing for owner-operators and fleets
Highway tractor and day-cab financing for owner-operators and fleets, new or used, dealer or private sale, paired with factoring when shippers pay slowly.
Estimate your paymentExample rate 9%
$1,967/month over 48 months
CBL funds up to $1,000,000
Example only, not a quote. The lease example includes a 10% buyout at the end of the term. Your rate depends on credit, time in business and the equipment.
Continue to applicationThe short answer
Yes. CBL Financial arranges loans and leases for sleepers, day cabs and highway tractors, new or used, from a dealer, an auction or a private seller. It suits owner-operators buying a first truck and carriers adding units to a fleet. Funding goes up to $1,000,000, terms run 24 to 72 months, and invoice factoring can cover slow-paying shippers.
At a glance
CBL Financial is an equipment financing brokerage in Calgary, Alberta, that arranges semi-truck financing for businesses across Canada. Funding goes up to $1,000,000, terms run 24 to 72 months, and approvals can come the same day for straightforward files.
| What it is | Semi-truck financing, arranged through a lender network |
|---|---|
| Funding | Up to $1,000,000 |
| Terms | 24 to 72 months |
| Approval time | Same day possible for straightforward files |
| Where | Businesses across Canada, from a head office in Calgary, AB |
| Equipment | Semi trucks & day cabs, Dry vans & reefer trailers, Dump trucks, Flatbeds & lowboys, Straight trucks |
| Sellers | New or used, from a dealer, auction or private seller |
| Rate and down payment | Set by the lender for each file, based on credit, the asset and its age |
A highway tractor is a rolling business, and its economics come down to revenue per mile against a fixed truck payment and slow-paying shippers. We structure semi-truck purchases so the payment fits realistic monthly revenue, and pair the deal with invoice factoring when receivables lag weeks or months behind the miles you’ve already run.
A lot of truck deals involve used units, and plenty are private sales: a retiring driver, a fleet cycling out equipment, an auction lot. Traditional lenders often stumble on high-mileage tractors with no dealer invoice. We assess the truck on its maintenance history and real resale value, and place it with credit desks that fund used highway tractors as a matter of course.
Why CBL
Why finance semi-truck with CBL
First-time owner-operator programs
Going from company driver to owning your first truck is a file lenders know well, and some run programs built for new owner-operators.
High-mileage units assessed fairly
A well-maintained tractor with service records gets judged on its condition. We make sure the lender sees the maintenance history along with the odometer.
Factoring to cover the payment
Slow shippers shouldn't cause a missed truck payment. We can pair the financing with invoice factoring so you're paid on delivered loads without waiting on the shipper.
Fleet and single-unit alike
From a first owner-operator truck to adding units to an established fleet, it's one application and offers to compare.
How it works
A straightforward process
- Step 1
Tell us about the truck and the work
The tractor spec plus a sense of your lanes and revenue. A short application covers it.
- Step 2
We match the file to trucking lenders
Your application goes to the lenders actively funding transportation, chosen for the unit, mileage and your credit profile.
- Step 3
Choose terms and get funded
Compare offers, then the seller is paid directly. Terms run 24 to 72 months, so the payment can be sized to your revenue per mile.
Start your application
Ready when you are
Apply in one sitting. Approvals can come the same day. Questions? Call 877-522-2498.
Start your application