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
Will you pick up the vehicles?
Yes. Our team will arrange the pickup and transportation of your vehicles.
What is included in your fleet remarketing services?
We take over all risk and handle the entire process for you, including, market research and outreach, resale strategies, pricing and transfer of ownership.
There are certain fees associated with our OpenTrac third-party remarketing option. Under GuaranteeBUY, all fees are covered by Merchants Fleet.
How long does the fleet vehicle remarketing process take?
With our GuaranteeBUY fleet remarketing program, you can receive payment for your vehicles in less than one business week. Our OpenTRAC program can take a few extra days (vehicles sell in an average of 18 days), but will give you the highest return for your vehicles.
What if I want to extend the term on my vehicle?
If you need to extend the term on your vehicle, you have options! We offer month-to-month terms if you need to extend for a short period, or you also have the option to change your vehicle over to a long-term lease if you need a more permanent arrangement.
Do I need to purchase insurance for my delivery vehicles?
Yes. Our vehicles are insured by the renter. You should have insurance to cover $1,000,000 liability policy for each vehicle.
How do I return the vehicles at the end of my contract?
We will arrange for the transportation of your vehicle when you are ready to return them. When you are approaching the end of your contract, please notify your Merchants account manager via phone or email correspondence at least 7 days prior to your anticipated end date. This allows our logistics team to arrange and schedule the pickup, and transport of your vans from where they are located.
You will need to remove all magnets, stickers, or other cosmetic changes made to the vehicle, sweep the cargo area and cabin, and clean out any trash from the inside of the van. You will also need to complete a digital condition report prior to releasing your vehicles to the transporter.
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.