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
For equipment-heavy businesses in Canada, traditional bank financing can feel like it was designed for someone else. You have hard assets, real revenue, and genuine growth opportunities — but your
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
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
