Commercial Vehicle Leasing & Financing

Flexible Terms for Businesses of Any Size

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.

Consulting Services

Vehicle Sourcing & Customization

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
  • Luxury Vehicles
  • 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.

Upfitting & Branding Services

Maintenance Plans

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.

Maintenance Plans

Vehicle Re-Leasing

If you’re happy with your commercial vehicle financing contract, our re-leasing option lets you extend your terms in six-month increments for up to two years.

Under the contract extension, you can keep your preferred vehicles while still receiving service, maintenance, and support from our team.

Vehicle Remarketing Services

Get the best return on your fleet. We have two remarketing programs that are designed to get you the best sale prices for your vehicles.

  • GuaranteeTRAC®:  In this quick and easy remarketing program, we offer you a guaranteed price up front for your vehicles.
  • OpenTRAC®:  We use a multi-channel approach and 50+ years of retail expertise to get the most value for your vehicles.

Both of these programs are available for single vehicles or your entire fleet.

View Remarketing Programs

Vehicle Buyback Program

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

What types of leases do you offer?

Merchants Fleet believes in a tailored approach and understands leases are not a one-size-fits-all product. We will work with you to determine exactly what you need for lease funding. Some of our options include open-end, close-end, short-term leasing, re-leasing, and value leasing. We also offer fleet buyback and vehicle acquisition programs. Learn more here.

How long are your leases?

Merchants Fleet offers leases as short as a few months, up to traditional leases. Our team can help you determine what the optimal lease length is for your situation.

How quickly can I get my fleet vehicles?

Merchants Fleet works with manufacturers and dealers nationwide. Your sales executive will work with you to determine your needs and get your vehicles as soon as possible. However, timeframes may vary according to the type of vehicle you need, your specifications, and manufacturer timelines.

What is telematics?

Telematics uses GPS and integrated telecommunications to give you real-time snapshots of your fleet operations. The system sends, receives and stores information about each vehicle so you can get detailed information about speed, idle times, overall vehicle health, and driver behavior. Learn more about how telematics works and how it provides insights into your fleet.

How can I reduce my cost of ownership?

There are many ways to reduce your total cost of ownership. Examining fuel costs, idling, driver behavior, maintenance patterns, and vehicle lifecycle can all lead to opportunities for improvements. Merchants Fleet strategic consulting has a team of analytics-minded experts who can examine your fleet data to identify ways to make meaningful changes to your fleet operations. Learn more about fleet consulting.

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.