Merrit Capital arranges tow truck financing and leasing for Canadian towing and recovery businesses. We serve Canadian companies only, across all provinces and territories.
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.
Compare the complete tow truck purchase
A rollback, wheel-lift truck and heavy wrecker serve different work. Show the chassis and towing body or recovery equipment separately on the quote, including the supplier responsible for installation. For a used truck, include kilometres, hours where available, photographs and relevant repair or rebuild records.
Explain whether the unit adds a service, replaces a truck or expands an existing fleet. Include available dispatch, roadside-assistance or commercial account information without treating proposed work as guaranteed revenue. Merrit Capital specializes in equipment leasing and can review conditional sales contracts. The structure depends on the business, truck and lender review.