Meridian OneCap Reviews 

134
TrustScore 4 out of 5

4.0

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Rated 1 out of 5 stars

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

Rated 5 out of 5 stars

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

Rated 5 out of 5 stars

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

Company details

  1. #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

4.0

Great

TrustScore 4 out of 5

134 reviews

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4.0

All reviews

(134)

42 reviews in the last 12 months

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Rated 2 out of 5 stars

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.

July 23, 2026
Rated 1 out of 5 stars

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.

June 10, 2026
Unprompted review
Rated 1 out of 5 stars

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.

May 25, 2026
Rated 1 out of 5 stars

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

June 4, 2026
Unprompted review
Meridian OneCap logo

Reply from Meridian OneCap

Dave, I'm sorry to hear you had a disappointing experience, and someone from OneCap will be reaching out to you shortly.

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