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 provides flexibility that traditional banks simply can’t,” Steve Bruneski, owner of Ascent Transport. “They’re true businesspeople doing business—not bankers trying to check boxes.” Client: Ascent Transport is a specialty
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
Are rising costs changing how you think about debt? You’re not alone. The Canadian Federation of Independent Business recently found that a third of small business owners reported borrowing costs were
“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
“The only real mistake is the one from which we learn nothing.” -Henry Ford There is no road map when it comes to owning a business. It’s a process of trial
Seasonal business models are unique, which means seasonal business owners must take a strategic approach to their financing needs. When you’re operating a seasonal business, it’s essential to
As for so many in Alberta during a difficult time, the major credit union Maverick Oilfield was working with simply cut off their line of credit. To keep
Nick-named “the 5 C’s of Credit”, five factors form the industry standard for how most lenders make their lending and financing decisions. For over 35 years, Essex has
Trucking is a highly competitive industry, and many businesses don’t succeed in the long run. Because banks tend to be extremely risk-averse, raising the working capital needed to
Essex has partnered with CMB Insurance Brokers to provide tailored risk management solutions that help business owners get the insurance they need without the extra premium costs. Let
When a longtime Alberta business hit a recession, its banking partner would no longer support its financing needs. In this case study, we look at how Essex Lease
At Essex Lease Financial, we hear time and time again from business owners who are frustrated with their bank. The truth is traditional banks have never really been
A Case Study of one customer that switched their financing needs to Essex Lease Financial Corporation from a traditional bank and why they prefer the flexibility in their
A Case Study of one customer that worked with Essex Lease Financial Corporation to find flexible financing solutions to help them succeed in their business. Read more in
This article outlines how business insurance can support the growth and industry needs of small businesses in Canada.
The Essex Lease Financial Corporation is proud to announce that $70,950 was raised in support of Kids Cancer Care Foundation, during our first annual 2021 Golf Classic presented
