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
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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
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
Expert Financing Tips for Seasonal Business
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
Case Study: Mike Schnell and Maverick Oilfield – One Business Owner’s Advice On the Importance of Your Lending Partnerships
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
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
Case Study: Financing Through Ups & Downs-How Essex Helped One Business Succeed
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
How to Reduce Your Insurance Costs with a Specialized Broker
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
Case Study: Financing People, Not Balance Sheets – How Essex Lease Helped One Business Get Back to a Prosperous Future
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
5 Reasons Small Businesses Should Think ‘Outside-the-Box’ When it Comes to Their Financing Options
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
Case Study: Why One Business Owner Switched Their Financing Needs to Essex – and Why They Say They’ll Never Go Back
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
Case Study: How Essex’s Flexible Approach and Personal Touch Helped A Business Succeed Despite Financing Challenges
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
What Small Businesses Need to Know About Business Insurance
This article outlines how business insurance can support the growth and industry needs of small businesses in Canada.
Inaugural Essex Lease Golf Classic in Support of Kids Cancer Care Was a Success
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