Armada Credit Group logo Armada Credit Group Review 2026

QUALITY LENDER ESTABLISHED LENDER TOP PERFORMER VIDEO VERIFIED FEATURED LENDER CUSTOMER FAVOURITE What these mean ›
★★★★★ 4.4 · 5 borrower reviews
Equipment and trucks are Armada's whole book, financed from $5,000 into the tens of millions at rates from 5.5% over 12 to 120 months. A credit score of 550 is the single published number; photo ID and the website application do the rest. Twelve months in business and $10,000 in monthly revenue frame the typical file, coast to coast.

Apply Now Check if I Qualify ↓

Rates checked August 24, 2026
In business
Since 2015
Customers served
5,000+
Total funded
100M+
Branches
3 in Canada & 2 in the US
Provinces
13 of 13

Our verdict

Written and analysed by Smarter Loans Editorial Team · Reviewed by Vlad Sherbatov

Best for

Established businesses financing heavy equipment or trucks over a long amortization

Not for

Businesses under a year old, or those needing funds without asset security

What we like

  • 5.5% APR floor, the lowest rate anywhere on the platform alongside StriveX
  • Terms to 120 months, the longest amortization available
  • Finances from $5,000 to $50 million, and covers all 13 provinces and territories

Where it could improve

  • 12 months trading and $10,000 monthly revenue required
  • The rate floor assumes strong credit and a well-secured asset

Products offered

Each product is priced separately. Compare them below.

Equipment Financing
Secured on the asset · All of Canada
Apply Now
Amount
$5K - $50M
Rate
From 5.5% APR
Terms
12 - 120 months
Min revenue
$10,000/mo
Time in business
12+ months
Good to know: Minimum credit score 550.
Truck & Trailer Financing
Secured on the vehicle · All of Canada
Apply Now
Amount
$5K - $50M
Rate
From 5.5% APR
Terms
12 - 120 months
Min revenue
$10,000/mo
Time in business
12+ months
Good to know: Minimum credit score 550.

See if you qualify

Three questions checked against Armada Credit Group's published criteria, per product. No application started.

Answer the questions to check Armada Credit Group's published criteria
Educational check against published criteria. Not an approval or offer.

Eligibility and documents

Armada finances equipment and trucks on one published test, a credit score of 550, with everything else handled inside the application.

Who qualifies

Minimum credit score
550
Identification
Photo ID
Where it lends
All provinces and territories

What you need to apply

  • Photo identification
  • An application completed on the Armada website

Learn about Armada Credit Group

Lender review
Armada Credit Group Review – Trusted Equipment Financing & Leasing in Canada

Contact Armada Credit Group

Get in touch

Support and hours

  • Monday to Friday from 8:30 a.m. to 8 p.m.
  • ChannelsEmail, Social Media, Call Centre, Knowledge & Resources Blog

Awards earned by Armada Credit Group

Issued by our editorial team from platform data and verified reviews. Lenders cannot buy them.

QUALITY LENDER badge Quality Lender

Vetted lenders that are listed on Smarter Loans

ESTABLISHED LENDER badge Established Lender

Listed on Smarter Loans for 3 or more years

TOP PERFORMER badge Top Performer

High application to funding conversion ratio

VIDEO VERIFIED badge Video Verified

Completed a video interview with a Smarter Loans journalist, or has a video review on their profile

FEATURED LENDER badge Featured Lender

Chosen by the editorial team based on marketing campaigns or partnership visibility

CUSTOMER FAVOURITE badge Customer Favourite

High click-through and engagement rates from Smarter Loans visitors

Badges are issued by our editorial team from platform data and verified reviews. They are never sold, and featured placement has no bearing on them. Read the badge criteria ›

Borrower reviews

5 reviews from borrowers who used Armada Credit Group. Each is submitted by a verified borrower and moderated for authenticity; it renders as written, positive or not, and lenders cannot remove it.

★★★★★

Excellent service at Armada

Thank you to Armada Credit and their friendly staff for helping me with obtaining a truck and trailer. They explained everything clearly and I appreciate their help through every step of the way.

James B.
★★★★★

Fast Auto Financing and Great Service

Armada helped us secure auto financing fast. Excellent service.

Leon G.
★★★★☆

Simple Process, Flexible Terms

Straightforward process and flexible terms. Would use again.

Brenda E.
★★★★★

Clear Communication and Great Support

Great team to work with. They explained everything clearly.

Mohamed H.
★★★☆☆

Good Overall, But Needed Follow-Ups

Decent experience, but had to follow up a few times.

Chloe W.

Common questions about Armada Credit Group

What does Armada Credit Group do?

Armada Credit Group arranges equipment leasing and financing to help you acquire the capital equipment you need to grow your business. They are committed to helping you access equipment leasing that is tailored to your business needs.

Is Armada Credit Group safe?

Armada Credit Group has originated billions of dollars of leases, loans, and finance programs. They built their reputation on strong relationships and has been in business since 2015.

How does Armada Credit Group acquire funding?

Armada Credit Group leverages their financial expertise and provides vendors and customers to their own funds, as well as funding from banks, other financial institutions, and non-traditional lenders to accommodate transactions large and small, across virtually all industries, for just about any type of capital equipment.

Who does Armada Credit Group work with?

Armada Credit Group works with businesses ranging from start-ups, through small and mid-sized enterprises, all the way to large multinationals and government entities.

What can I use my working capital loan for from Armada Capital Group?

You can use your working capital loan to expand your business, grow new markets, develop new products, protect intellectual property, launch a marketing campaign, improve profits by paying suppliers upfront to get special discounts or investing in systems and infrastructure that are not suited for capital equipment financing, purchase inventory to take advantage of one-off discounts or fulfill orders quickly, and more.

What types of working capital loans does Armada Credit Group offer?

Armada Credit Group offers several types of working capital loans. Here are the most common – 1. Merchant cash advance 2. Purchase order financing 3. Receivables/Invoice factoring 4. Inventory financing

What is the term length of a loan from Armada Credit Group?

The term length of a loan from Armada Credit Group ranges from 12 months to 120 months.

How much can I borrow from Armada Credit Group?

You can borrow anywhere from $5,000 and up from Armada Credit Group?

Does Armada Credit Group have expertise in Consumer Finance?

Yes. Whether you are making home improvements or performing elective medical procedures, the right finance partner can help you close more business. If you are a vendor, dealer, manufacturer, contractor, merchant or healthcare practitioner and you sell to consumers, Armada Credit Group wants to help make your products and services more accessible by making them more affordable to a broader range of people.

How quickly can I get funds from Armada Credit Group?

You can get funds from Armada Credit Group in as quickly as 24 hours. Their online application process only takes a couple of minutes to fill out.

Armada Credit Group · $5,000 - $50 million · 2 products · funding in 168 hours Apply Now