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

How long does the upfitting process take?

It depends on the number of vehicles and which types of upfits you’ve chosen.  Contact Merchants to discuss your upfit needs, and our team can provide more detailed information about potential costs and timeframe.

What upfits do you offer?

We understand the importance of safety and accessibility when it comes to residential care vehicle. Common upfits include rear and side wheelchair lifts, ramps, safety lights, partitions, alarm system, brandings and decals and upfits for facility work trucks, such as plows.

What are the benefits of fleet vehicle remarketing?

If you are looking to sell buses or non-traditional/specialty vehicles you already own, consider our GuaranteeBUY program. Similar to fleet lease disposal, this program will offer you a guaranteed price up front for your vehicles. We assess your vehicles, and then our remarketing experts determine the appropriate value. From there, we handle the entire fleet remarketing process, including any inspections and fees associated with selling.

What are the best vehicles for assisted living and residential facilities?

It depends on your needs, but our most popular vehicles for residential care include the Ford Transit, Mercedes Sprinter, Toyota Sienna, Chrysler Voyager, and passenger buses.

What kind of fleet leasing and funding terms are available?

We provide a variety of leasing and funding to meet your needs. Closed-end leases offer a fixed monthly payment, which is important for budget planning, while also offering mileages and terms to fit your specific program needs. An open-end lease gives you complete leasing structure flexibility, which is ideal if you want a plan that is as close to vehicle ownership as possible but with all the benefits of leasing. If you’ve purchased your own vehicles, we can add fleet management services, and for a full service option we have our FleetAssist program.

What are the benefits of a fleet management solution?

A fleet management solution will help keep you and your residential care community running safely and efficiently. Benefits include: reducing operational costs, reducing administrative burden, lowering fleet repair costs, and ensuring the highest level of safety for you, your employees, and your residents. Plus, even if you own your own vehicles, we can help! Merchant Fleet can add fleet management services to help with administration time and manage operational costs. With FleetAssist and our administered maintenance program, our experts take on the day-to-day administration of your fleet, which frees up more of your time.

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.