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ARTICLE · 06 NOVEMBER 2007

Asset/Equipment Finance And Leasing

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According to the Canadian Finance and Leasing Association (a prominent industry organization that represents participants in this industry), the asset-based financing and leasing industry in Canada finances as much as 25 per cent of annual new investment in machinery, equipment and commercial vehicles in Canada.

CanadaFinance and Banking
John Tobin
John Tobin
Jim Hong
Jim Hong
Richard Johnson
Richard Johnson
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Reprinted with permission from the 2007/2008 Lexpert/CCCA Corporate Counsel Directory and Yearbook, 6th Edition.

According to the Canadian Finance and Leasing Association (a prominent industry organization that represents participants in this industry), the asset-based financing and leasing industry in Canada finances as much as 25 per cent of annual new investment in machinery, equipment and commercial vehicles in Canada. Approximately 60 per cent of the industry’s customers are small to medium-sized businesses. While many of the credit providers are large financial institutions, such as banks, credit unions and insurance companies, a substantial number are manufacturers’ financing companies or smaller regional independent finance and/or leasing companies.

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