Equipment commonly financed
Assets used in towing
Examples include the equipment below. Eligibility depends on commercial use, transaction size, condition, seller and lender requirements.
- Rollback and carrier tow trucks
- Light-, medium- and heavy-duty wreckers
- Rotator and recovery units
- Flatbeds and tilt decks
- Service and roadside-assistance trucks
- Wheel-lift and underlift systems
- Recovery trailers
- Winches, tool bodies and eligible upfits
The chassis and the build both matter
Tow trucks are specialized assets. Lenders commonly review chassis year and kilometres, body manufacturer, capacity, upfit details, condition and the seller. A clean specification sheet and purchase order make a material difference.
If a body is being installed on a separate chassis, funding timing can be more complex than a standard vehicle purchase. Bring Merrit Capital into the transaction early so deposits, completion, inspection and final delivery can be coordinated with the financing structure.
Qualification is transaction-specific. Merrit Capital does not promise approval, rates, down payment, term or funding time before a lender has reviewed the borrower, asset and documents.