The ELFC Insider

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

Independent lending in Canada is growing in a big way — in fact, it’s anticipated the sector will be worth well over $10.3 billion CAD by 2025. There are many compelling reasons

Lately, we’ve heard from many customers who have questions about interest rates. As the economic outlook continues to be uncertain, businesses in the energy, construction, and transportation sectors have especially

Essex Lease Financial customers are used to hearing us talk a lot about “character.” As one of the 5 C’s of Credit, character comprises a primary factor independent lenders like Essex use to

“Unprecedented” is a word that’s been thrown around a lot in the last couple of years – and nowhere is that clearer than in an economy that hasn’t behaved the way

Many Canadian businesses have come to learn a hard lesson over the past few years — when economic times are tough, banks are often missing in action. As companies struggle