Semi-Trailer Financing & Leasing for Fleets

Why trailers shouldn't be financed like trucks

A tractor accumulates mileage and engine hours. A trailer can sit in a yard for months and lose comparatively little, and routinely works for fifteen years or more.

A lender who treats both the same gets the residual values wrong — and residual value is what sets your monthly payment. Our parent company, Manac Inc., has manufactured semi-trailers for over 60 years. We understand trailer values from inside the business.

What structure do we offer?

Split-TRAC leases

An agreed residual is set at the start, with end-of-term risk shared between you and Finloc rather than resting on you alone.

a man wearing a blue vest holding a tablet, in a snowy trailer yard

FMV leasesThe lowest payments of the three. Return, renew or purchase at market value when the term ends.

two man handshaking outside in front of a red truck

Capital LeasesOwnership transfers to you at the end of the term. Higher payments, but you keep an asset with years of working life ahead.

Which structure fits?

If you....

Consider

Plan to keep the trailer 10+ years

Capital Lease

Cycle equipment on a fixed schedule

FMV Lease

Want lower payments with shared end-of-term risk

Split-TRAC

Need the trailer off your balance sheet

FMV lease

Not sure? We'll recommend a structure rather than push a product

How does it work?

Easy online credit application

Beginning with an easy online credit application, clients typically receive a financing decision within a few hours (under $250 000) or up to 24 hours for larger amounts.

Defining the terms

After approval, Finloc assists in defining terms—fixed or variable rates, customizable payment schedules, seasonal skips, step-up/step-down options—and executes the documentation swiftly.

Funds distribution

Funds are disbursed directly to customers or vendors, enabling immediate equipment acquisition. This efficient process ensures minimal downtime so businesses can stay focused on operations and growth.

Why it makes sense to work with us

Our team averages over 45 years of experience in equipment finance, and we've financed transport equipment since 1999. We understand trailer residuals because our parent company, Manac Inc., has built them for over 60 years.
Dry vans, reefers, flatbeds and specialized equipment — for an owner-operator adding a first trailer or a carrier expanding across terminals.
Buying used? Our sister company Fin4 Truck & Trailers sells pre-owned equipment across Canada and the U.S., so the unit and the financing can be arranged together.

Trailer Financing FAQ

Frequently Asked Questions About Finloc 2000

What is a split-TRAC lease?

A TRAC lease sets an agreed residual value at the start of the term. At the end, if the trailer is worth more than that figure you benefit; if it's worth less, you cover the shortfall. A split-TRAC shares that risk between you and the lessor rather than placing it entirely on you. The practical effect is lower payments than a full-payout lease, with a defined and shared exposure at term end.

How is an FMV lease different from a capital lease?

An FMV lease pays for the use of the trailer. Payments are typically lower because you aren't funding the full purchase price, and at the end you can return it, renew, or buy at market value. A capital lease transfers ownership to you at term end — higher payments, but you own an asset with a long working life remaining.

Which structure is best for dry vans?

Dry vans hold up well over long periods, so fleets that intend to keep them often prefer a capital lease. If you cycle equipment on a set schedule, an FMV lease usually makes more sense. We'll work through it with you rather than steer you to one product.

Do you finance refrigerated trailers?

Yes. Reefer values depend heavily on the condition and hours of the cooling unit, which is one of the areas where industry-specific lending matters most.

Trailer financing for trucking companies and operators