Written by our Partners at CMB Insurance For businesses that rely on vehicles—whether a few service vans or an entire fleet of transport trucks—fraud is an often-overlooked but serious risk. Fleet fraud refers
Investing in agricultural equipment is one of the most significant financial decisions a farming operation will make. Whether you are purchasing tractors, harvesters, irrigation systems, or specialized implements, the right
As we kick off 2026 and our 40th year of business, it’s the perfect time to reflect on an outstanding year at Essex. In 2025, we continued building momentum—strengthening relationships, investing in our team, and supporting businesses
The Canadian economy in 2025 was shaped by a mix of cautious optimism and persistent volatility. Inflationary pressures eased compared to prior years, but confidence remained fragile as businesses navigated changing interest
Written by our Partners at CMB Insurance Manufacturing facilities rely heavily on complex machinery and equipment. While these tools keep production running, they also introduce risks if not properly maintained.
When it comes to running a business, one rule never changes: cash is king. Even if your company is profitable, growth requires upfront investment—and day-to-day expenses don’t wait for receivables
When two Alberta-based organizations come together with a shared purpose—to support businesses and strengthen our province’s economy—the result is more than a transaction; it’s a collaboration built on common values
Securing a business loan can be one of the most important steps in growing or stabilizing a company — yet, for many small business owners, the process can feel daunting.
In industries like transportation, construction, forestry, and aggregates, business owners know that managing cash flow is often a balancing act. Market conditions shift, demand fluctuates seasonally, and growth opportunities can
Planning to Grow? Make Sure Your Finances Are Ready In 2025, businesses aiming to grow are navigating a challenging economic landscape. Inflation continues to push up costs, interest rates remain
In business, good planning is essential. Business owners need to be prepared to manage everything from typical seasonal ebbs and flows to major unforeseen emergencies like a global pandemic. So
Interest rates were expected to fall in 2025—but uncertainty is creeping back in. Global tensions, inflationary pressures from tariffs, and infrastructure spending plans all pull Canadian monetary policy in different
In many industries, success isn’t just about the equipment you use or the services you provide—it’s about timing. For businesses in Transportation, Construction, Sand & Gravel, Oil & Gas, Forestry,
Client: Green Leaf Fuel | Industry: Bulk Fuel Distribution | Location: Northern Alberta When you run an equipment-intensive business across the remote regions of Northern Alberta, the stakes are high,
Introduction Securing the right funding at the right time is critical for businesses of all sizes, but in Canada, that’s often easier said than done. Many businesses face long approval
As Canada approaches the federal election on Monday, April 28, we urge our future government—regardless of who leads it—to focus on building long-term infrastructure that strengthens the backbone of our
When it comes to acquiring heavy equipment, many businesses face a crucial decision: Should I lease or buy? While leasing offers many advantages, persistent myths prevent some companies from considering
The Canada-U.S. softwood lumber dispute is one of the longest-running trade conflicts between the two nations, dating back to 1982. While a period of stability followed the Softwood Lumber Agreement
Asset-based lending (ABL) is a type of lending that allows businesses to secure a loan by leveraging their physical assets as collateral. But how does asset based lending work, and
The looming implementation of new U.S. tariffs under the Trump administration has Canadian industries bracing for potential disruption. For businesses—particularly those in the oil and gas sector—these proposed tariffs could
Essex Lease Financial Corporation has recently taken over the servicing of ATB Financial’s equipment finance contracts as part of our acquisition of ATB’s Capital Asset Financing Division.
If your account has recently transitioned to Essex, we’ve created a dedicated update with important information on what this means for you, what’s staying the same, and what to expect moving forward.
