Commercial vehicle financing options on your terms
Merchants Fleet provides businesses of all sizes and industries with the commercial vehicle financing programs they need to build flexible, reliable fleets.
From seasonal van leases for summer camps to long-term leases with custom upfits for enterprises, our experts can find you the commercial vehicle lease that will move your business forward.
Benefits of Commercial Vehicle Leasing with Merchants Fleet
Flexible Leasing Terms and Loan Options
Access to Many Makes or Models of Vehicles
Ability to Upgrade to Newer Models
Dedicated Fleet Management Team
Manage Cash Flow
Reduce Administrative Burden
Affordable Monthly Payments
Commercial vehicle loans also come with tax benefits, including the Section 179 tax deduction, which allows businesses to deduct up to 100% of lease payments for the purchasing year.
Commercial Vehicle Financing & Payment Options
No matter the size of your commercial fleet needs, we offer flexible and customized loan and leasing options.
• Open-End Leases: Get all the benefits of leasing with a plan that is as close to ownership as you can get.
• Closed-End Leases: This low-risk option offers predictable expenses and fixed terms with no obligation.
• Short-Term Leases: Select flexible lease terms for as little as 3 months up to 1 year.
• Long-Term Leases: Our financing programs are available for long-term use with the ability to scale with your business.
• Seasonal Leases: With skipped payment options, you won’t be billed during your off season.
• Value Leases: For significant savings, you can choose to lease used, low-mileage vehicles.
Fleet Managing & Consulting
At Merchants Fleet, you are never on your own. You have a dedicated client service representative by your side to guide you through the entire lifecycle of your commercial vehicles. From finding the right commercial vehicle loan to proper maintenance and service, you can count on your point of contact to coordinate a solution.
We also offer ongoing consultations on a quarterly or biannual basis for large fleets. While working to understand the broader context of your business, your goals, and your challenges, our fleet consultants will use data analytics and decades of industry experience to tailor recommendations that will have the most impact on your operations.
Whatever type, make, or model vehicles you need, we can source and customize them to fit your applications, brand, and business.
Alternative Fuel Vehicles
Light, Medium, and Heavy-Duty Trucks
Compacts and Subcompacts
Shuttles, Vans, and Cargo Vehicles
Sedans and SUVs
Wheelchair Conversion Vans
Vehicle Upfitting & Branding
Looking to add custom-branded decals to your hotel shuttles? Or are you searching for vehicles that can easily and securely transport law enforcement equipment?
If you need to alter your vehicles in any way, our in-house upfit engineering group can make it happen. We spec your project and connect you to our nationwide network of vendors, acting as your single point of contact throughout the process.
To help you control costs, reduce administrative burdens, and minimize vehicle downtime, we offer multiple maintenance plans to complement your commercial vehicle leases.
Choose a monthly payment plan, a pay-as-you-go option, or a mix of both. Your fleet will be backed by our nationwide network of maintenance vendors and you have a dedicated Merchants Fleet team that is always on top of your maintenance needs.
Looking to free up capital? Sell your vehicles to us, then lease them back right away through an operating lease. Our commercial vehicle buyback program allows you to improve cash flow while keeping your fleet on the road.
Frequently Asked Questions
How can I justify the additional cost of connected fleet software?
When it comes to connected vehicles, you've already paid for the intelligent hardware when you purchased it. Every gigabyte of data output by your vehicle contains insights to help potentially lower TCO and improve driver safety. If you're not collecting and analyzing this information, it's going down the drain.
How do you know a vehicle has connected technology?
There are more than 13 million connected vehicles in the United States, and over 90% of new cars sold include this technology. While it's easy to estimate that most 2020 MY vehicles and newer are connected capable, we'd be happy to review your fleet and pinpoint which vehicles can advantage of connected technology and where you still need a legacy telematics plug in device.
I am a current telematics user — why should I consider connected vehicles?
With a connected vehicle, telematics capability is already built into the vehicle including the cellular modem and advanced computer systems. Using these onboard systems reduces the costs associated with device installs and prevents device tampering.
Having your fleet connected allows for ease of access to the date as it will all live in TotalView through TotalConnect.
How do I find the MPG of my ICE vehicle?
Most modern cars have a digital MPG display, but it may not always be correct. For a more accurate reading, follow these steps:
Fill up your fuel tank
Reset the trip odometer (more information can be found in the car owner’s manual)
Drive. When your tank is at least half empty, fill again and note the number of gallons used to refill and the miles on the trip counter
Use the formula: Miles driven ➗ gallons used to fill the tank
For example, if you drove 100 miles on 10 gallons of gas, your MPG is 10.
What is the Utility kWh rate? How do I find it?
The Utility kWh rate is the price of power supplied by the utility company — in this case, electricity. It can be calculated by multiplying your kWh by the cost of electricity.
What does Mile per kWh mean?
Mile per kWh (kilowatts per hour) is a measurement of energy consumption for electric vehicles.
Total Fleet Coverage
Our national footprint allows us to service clients all over the United States. No matter the size of your fleet, we’re ready to help you find a management solution that works for your business. From flexible leasing and comprehensive maintenance to innovative telematics and cost-saving fuel management, we’ll create a tailored plan to meet your needs.
Questions about vehicle fleet leases?
We are happy to help! Contact us to speak with one of our fleet experts.