These guys argued back and forth with our bank for a couple weeks. Took close to 6 weeks to even get paperwork from them. Upon review of paperwork and the bank’s issue with signing one of their docu... See more
While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more
To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more
See what reviewers are saying
Service from Maude is the best on the market. Anthony is also really helpfull and involve when needed. Structure/rate are good. Credit: Way more tight than before and vs the competition. See... See more
Company replied
My experience with Meridian has been great. We've been doing business with them for years, but this year it has improved even more due to Shawn, their new Sr. Business Manager. He is awesome, experi... See more
Company replied
Sonya was very attentive, informative overall very easy to deal with. Thank you
Company details
- #16 of 20 best companies in Business to Business Service
Written by the company
As a wholly owned subsidiary of Meridian Credit Union, we offer flexible finance programs for manufacturers, distributors and dealers. Meridian OneCap makes it easy for you to do business. We are highly efficient at processing transactions. We are also highly dedicated to building lasting partnerships. Our leadership team has worked in the Canadian finance industry for a combined 130 years. We approach each opportunity with a wealth of knowledge, and a fresh perspective, to create successful sales tools for manufacturers and vendors and tailored programs for end users. Meridian OneCap Credit Corp can provide any amount that a client may need. Our clients rely upon our team’s national and local expertise to provide the tools best suited to their market. Our approach is informed by a wealth of industry understanding. We’ve used that expertise to create leasing solutions for a wide variety of industries. But that’s just our starting point. Because we know that every business is unique, we will customize a solution to meet your business needs. Our flexibility, and yours, is enhanced by a variety of available payment structures. Our team is known as industry leaders. We’ve earned our reputation through consistent delivery of financing programs with the most efficient transaction process and superior customer service. With the largest direct sales force within the Canadian market, it’s no wonder our customer service is unparalleled.
Contact info
Asks customers to review
This company invites their customers to review, whether positive or negative
Replied to 30% of negative reviews
Typically replies within 24 hours
How this company uses Trustpilot
See how their reviews and ratings are sourced, scored, and moderated.
Sonya was very attentive
Sonya was very attentive, informative overall very easy to deal with.
Thank you
Contract documents were incorrect
Contract documents were incorrect, the program was not as advertised, took weeks to finalize. Never again.
Terrible communication
Terrible communication, our rep would go missing for weeks at a time leaving us hanging wondering what was going on. Zero accountability
Very fast reaction time!!
this deal should not have been funded
this deal should not have been funded - we did not recevice the equipment e order
Great product and customer service
Intrusive and Difficult Financing Process
The financing process, particularly the facial scanning and document sign off, was extremely intrusive, overly complicated, and cumbersome. For the relatively small amount of financing we required, we were asked to personally guarantee assets worth more than 20 times the value of the loan.
You can finance a house for significantly more money and sign the documents electronically in minutes, yet this process took weeks and hours of work. The entire experience felt unnecessarily difficult and disproportionate to the amount being financed.
I understand that some of these requirements may be driven by regulation rather than Meridian directly. If that is the case, I believe financing companies like Meridian need to collectively push back on regulators and advocate for simpler, more efficient processes that still meet the necessary requirements while providing a much better customer experience.
Snakes in the grass
These guys argued back and forth with our bank for a couple weeks. Took close to 6 weeks to even get paperwork from them. Upon review of paperwork and the bank’s issue with signing one of their documents, we decided not to use Meridian. We parted ways and thought things were over with. A month later I got a letter in the mail and Meridian put a lien on my property.
Good to work with & are knowledgeable.
The overall experience was easy and…
The overall experience was easy and smooth, partnered well with the OEM we delt with.
Brutal
Brutal, confusing, a million emails, super complicated process for a very small loan. I've been financed by several companies and this was by far the most painful.
I’ve been working with Meridian One for…
I’ve been working with Meridian One for years now and the entire team is fantastic to deal with. Clear, concise and always on time
Absolutely horrible experience dealing…
Absolutely horrible experience dealing with Meridian OneCap. Without question one of the most incompetent, unreliable, and unprofessional finance companies I have ever dealt with.
Communication is terrible. Emails and phone calls constantly go unanswered, even after being promised callbacks and updates multiple times. I repeatedly had to follow up myself just to get basic information that should have been handled properly the first time.
The lack of accountability, organization, and customer service is shocking for a company that handles equipment financing. What should have been a straightforward process turned into an ongoing headache filled with delays, confusion, and frustration.
After my experience, the poor reviews online make complete sense. I would never recommend Meridian OneCap to anyone looking for professionalism or reliable service.
By all means, feel free to contact me directly and I will gladly forward the unanswered emails and ignored correspondence that support everything stated in this review.
Extremely disappointing experience from start to finish.
Dave Freire
Reply from Meridian OneCap
The docusign had to complete it…
The docusign had to complete it multiple times as well still waiting on payment schedule for over a month.
Reply from Meridian OneCap
The Trustpilot Experience
Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.
Learn about Trustpilot’s review process.
Here are 8 tips for writing great reviews.
Verification can help ensure real people are writing the reviews you read on Trustpilot.
Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.