Flexible Financing & Leasing Options for Your Business

Our Shaw Fleet professionals understand that every business is unique, and we offer a wide range of options to suit your fleet requirements, in addition to preferred rates for qualified fleet customers. Your business is unique and our Shaw Fleet Professionals can offer an array of options for your fleet requirements. We also have preferred rates for qualified fleet customers.

Financing

Accounting & Tax

Tax treatment: CRA generally allows deduction of business use lease payments; purchases use CCA with class limits. There are caps for passenger vehicles and rules for interest; commercial trucks/vans can be different—get advice for your vehicle class and province.
Financial reporting: Under IFRS 16, most lessee leases appear on-balance-sheet (ROU asset + lease liability), except short-term/low-value; lessor accounting is largely unchanged.

Financing

Maintenance & Uptime Options

Bundle full‑service maintenance to convert reactive repairs into a predictable monthly cost and leverage national shop networks, negotiated parts/labour, and roadside support—shown to reduce admin burden and improve uptime in many fleets.

Leasing

Open-Ended (TRACStyle) Leasing Benefits

Term Selection: When you choose an open-end lease, our team will examine your business needs and recommend a term and structure that works with your requirements and industry.
Residual Value: We will work with you to determine the applicable residual to reduce residual risk and maximize your cashflow.
Accurate Lifecycle Costs: Although you assume the residual commitment, our team will assist in setting up depreciation rates to match true usage costs.
Zero Extra KM Charges: With an open-end lease, there is no penalty for going over kilometre usage.
Accessory Flexibility: Choosing an open-end lease gives you the ability to add after-market accessories and parts to your fleet vehicles.

Leasing

Closed-End (Walk-Away) Leasing Benefits

True Leasing Structure: With no residual risk, closed-end leasing allows you to easily budget with fixed lease terms and payments.
Zero Residual Risk: When you choose closed-end leasing, Shaw Fleet assumes the residual value risk at the end of the lease term.
Simple Exit Strategy: Closed-end leasing is as simple as making your monthly payments and keeping your vehicle in good condition. Once the lease term ends, you can simply return your vehicles.
Low Risk: At the end of your close-end lease term, we assume the risk of the vehicle depreciation. No need to worry about the used market.

Which option is right for my industry?

Consideration	Leasing	Buying
Upfront Cost	Lower; conserve capital and often deduct payments when used to earn income (consult your accountant)	Higher; full purchase price/down payment; CCA claimed over time
Monthly Outlay	Fixed, generally lower per month vs. loan; option to bundle maintenance	Higher loan payments; maintenance is separate and variable
Resale Risk	Mitigated or eliminated on closed-end; open-end shifts value risk but can return equity	All depreciation risk borne by your company
Fleet Modernity	Planned upgrades keep tech/safety current	Capital intensive to replace aging assets
Maintenance	Bundled into lease for predictability and uptime	Unpredictable, out of pocket & admin overhead

Notes: Canadian tax treatment varies; CRA allows deducting businessuse lease costs, while purchases rely on CCA rules/limits—ask your tax advisor.

Can I bundle upfitting, graphics, and telematics into the lease? 

Yes, consolidating into a single payment simplifies budgeting and preserves capital.

How often should I replace vehicles? 

We fit cycles to your duty cycle and resale outlook; LCF trucks (e.g., Isuzu) support planned refreshes to keep safety/fuel tech current and TCO optimized.

Quality Fleet Vehicles & Services

Assisting Western Canadian businesses for over 60 years.

Your company offers services that are important and needed by your clients. Shaw Fleet provides personal service to our customers with flexible options which apply to your unique business requirements.