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 what
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
As we step into 2025, it’s the perfect time to reflect on an incredible year at Essex Lease Financial Corporation. Throughout 2024, we celebrated milestones, embraced opportunities to connect as
As we reflect on 2024, it’s clear that industries we serve have faced a dynamic mix of challenges and opportunities. From evolving market demands to policy shifts, businesses have had
When it comes to outfitting your business with the right equipment, one question inevitably arises: Should you rent or purchase? Each option has its own set of advantages and challenges,
Inflation has been a key issue in Canada over the past few years, with consumer prices rising sharply since 2021. The Bank of Canada’s primary goal is to keep inflation
There’s more than one way to judge a region’s financial health, and in Alberta, local events can reveal more than you might think. Alberta’s abundance of natural resources and professional
The transportation industry covers many areas, including trucking, the movement of goods, logistics, warehousing, infrastructure development, and public transportation. As such a big industry, operational efficiency is key to solid
For any kind of business growth, you’re going to need working capital to finance expansion, implement new strategies, and take on new employees. However, working out what your business can
When it comes to securing financing, having a great partner by your side can make all the difference. Few relationships will be more important to the success of your business
The business world is competitive, so having a strategy is critical. Business owners must have flexibility in order to stay focused on their goals and long-term growth plans. But if
