Financial Management Tips
Five Questions to Ask Your Lender
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
Seasonal & Timely Topics
Under Pressure: How to Manage Cash Flow Strategically
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
News & Industry Insights
Five Reasons the Independent Lending Industry is Growing
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
News & Industry Insights
Five Truths About Interest Rates
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
Client Success Stories
Case Study: More Than Rates-How a Flexible Lender Can Make or Break Your Business
The Business: Ascent Transport-A specialty hauling and mechanical solutions organization serving Western Canada. The Challenge: Ascent Transport was only six years old when it entered a period of transition in
News & Industry Insights
Why We Care So Much About Character
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
Financial Management Tips
Cost Control: How Re-Thinking Your Lending Relationships Can Help You Deal With Rising Costs
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
News & Industry Insights
Why Customized Financing Matters in an Uncertain Economy
“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
News & Industry Insights
The Top 5 Myths About Independent Lending
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
Financial Management Tips
5 Common Mistakes We See Our Customers Make
“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
Educational Resources & Equipment Financing Guidance
Why Character Matters in Lending and Financing Decisions: Understanding the 5 C’s of Credit
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