Loans Canada Launches Free Credit Score Portal And Is Recognized As One Of Canada’s Top Growing Companies
Loans Canada is pleased to announce it placed No. 131 on the 2022 Report on Business ranking of Canada’s Top Growing Companies.
A company with a 75-year track record as a leader in the truck industry, Freightliner manufactures heavy-duty trucks for wholesale transportation businesses. Using cutting-edge technology in the construction and design of their vehicles, this American company has a good reputation as a high-end fleet vehicle supplier. Whether you are just opening your trucking company or are looking to invest in better models to improve efficiency, Freightliner is a great place to start.
Check out the best semi-truck brands in Canada.
Freightliner has a wide range of trucks, each designed to work best in certain situations. Depending on if the trucks need to handle rough terrain, go long distances, or are being purchased for fuel-efficiency, you will want a different model. Categorized below, there are quite a few options from which you can choose.
Highway | Medium | Severe | Natural Gas |
eCascadia Cascadia M2 112 122SD | Em2 M2 106 | 108SD 114SD 122SD EconicSD | M2 112 Natural Gas 114 SD Natural Gas Cascadia Natural Gas |
Freightliner is known in the industry for offering high-technology trucks that are built to last. Everything from the vehicle components to the special features is crafted with precise function and durability in mind. While there are some standard things that all trucks will have (tires, carburetors, etc.), Freightliner sets its trucks apart from the rest by going one step further.
By adding features to promote ease of function, both administratively and technically, you can more easily manage your fleet. Each of the trucks supplied by Freightliner offers a whole host of powerful features. These include:
This feature refers to the ability of the drivetrain system to work at high efficiency. All of the parts are crafted to optimize performance. This reduces the need for maintenance and helps your business spend less on its fleet overall. Important aspects of this feature include the high-end transmission system, power steering abilities, and quality craftsmanship of all the vehicle components.
Check out the Kenworth and Peterbilt for PACCAR engines.
Referring to the safety components on the vehicles, this actually involves many independent components. The vehicle provides safety through the radar that mounts to the bumper. There is also an option for a camera mounted to the windshield. The Detroit Assurance features operate in conjunction with all the major systems in the vehicle to prevent the risk of collisions.
A very helpful component is the ability of the vehicle to convert the raw data it collects onto the road into relevant information. Meant to optimize the truck’s performance, it also gives you access to a remote technician who can diagnose vehicular issues.
Check out Volvo trucks for more truck performance add-on features.
Amount | Interest | Term (months) | ||
![]() | $1,000 - $300,000 | Fee-Based: Starting at 9% | 12 - 60 | More Info |
![]() | $5,000 - $300,000 | 8% - 29% | 6 - 18 | More Info |
![]() | $5,000+ | 4.9% - 24.99% | 18 - 48 | More Info |
![]() | $5,000 - $250,000 | - | 3 - 18 | More Info |
![]() | Up to $300,000 | 8% - 22% | 6 - 12 | More Info |
![]() | $5,000 - $500,000 | - | 6 - 18 | More Info |
![]() | Up to $250,000 | - | - | More Info |
![]() | $5,000 - $100,000 | +6.87% | 3 - 18 | More Info |
Purchasing a truck for your business is a big decision; and, before you make your choice, there are a few things to keep in mind. The primary goal of a business is to maximize profits. While vehicles are expensive equipment, when you get high-quality models, it can increase your margins in the long run.
Freightliner vehicles are made to limit the risk of breakdown by using the features above. This reduces your ongoing expenses. Plus, since they rely on modern technology, efficiency is higher; and, therefore, the cost of fuel is less. There are other things to consider as well, including
Chances are that you won’t be paying for the whole truck upfront since it is such a large investment. The good news is that there are a lot of available options for financing these large trucks. Unlike car loans, you have to seek out different lenders for industrial purposes. In fact, banks don’t usually offer loans of this type. You can, however, approach:
A better approach than a standard bank, you can find lenders that will work with you whether you have good or bad credit. If you have a good credit profile, then you can find quite competitive loan terms. Depending on the lender, you may be able to find reasonable rates with a rougher credit history. There are ways to improve your chances of getting a loan, including raising your down payment or adding collateral.
Another proven approach is to deal directly with the manufacturer when purchasing a truck. More often than not, most manufacturers have lenders that they work with to offer financing to trucking companies that want to purchase new trucks.
By connecting you with the company that creates the automobiles themselves, you can get better terms. Working directly with the manufacturer can streamline the process and make it more affordable.
Especially for transportation companies, finding a top-quality truck is really important. Freightliner has a proven track record of success on the market. Provided you do your research and find the best-suited truck, you can use the equipment to strengthen your business well into the future.
When it comes to cutting-edge technology and fuel efficiency, Freightliner is one of the best ways to go. The manufacturer features multiple models, each with features to improve functionality. With so many amenities to improve performance, the available trucks give you an edge over the competition. A truck should last for quite a long time, making it a worthy investment for transportation businesses. If you’re looking for the right financing to purchase a semi-truck for your business, Loans Canada can help.
Rating of 5/5 based on 1 vote.
Save time and money with Loans Canada. Research and compare lenders before you apply. Share your experiences with Canada's top lenders.
Loans Canada is pleased to announce it placed No. 131 on the 2022 Report on Business ranking of Canada’s Top Growing Companies.
New Offer! Get up to $2,000 cashback + a $50 bonus on signing up. Conditions apply.
Earn an average 5%¹ cash back at thousands of partners and at least 0.5%² cashback guaranteed.
With KOHO’s prepaid card you can build a better credit score for just $10/month.
All consultations and conversations with Loans Canada and its partners are confidential and risk-free. Speak with a trusted specialist today and see how we can help you achieve your financial goals faster. Loans Canada and its partners will never ask you for an upfront fee, deposit or insurance payments on a loan. Loans Canada is not a mortgage broker and does not arrange mortgage loans or any other type of financial service.
When you apply for a Loans Canada service, our website simply refers your request to qualified third party providers who can assist you with your search. Loans Canada may receive compensation from the offers shown on its website.
Only provide your information to trusted sources and be aware of online phishing scams and the risks associated with them, including identity theft and financial loss. Nothing on this website constitutes professional and/or financial advice.