The Canadian Finance and Leasing Industry is a major driver in the Canadian economy. Let us look at some of the changing trends in the industry and how they might affect Canadian business owners seeking long term equipment financing.
First of all the lessor and lender borrower base has changed significantly over the years. Canadian businesses should be aware that there are over 190 + lease and asset based lenders in Canada. That’s a lot to choose from. Our point is simply that the well informed business owner should be aware of the breadth of lender in the equipment financing marketplace, both geographically and by financing ‘ niche ‘.
Whether a customer wishes to finance machinery, equipment of vehicles there is a much broader range of financing choice for the consumer – probably more so in recent years given that many specialty type lenders have emerged in different market segments. There is a large breadth of size of lenders/lessors as a key trend in the industry has been merger and acquisitions. A number of major M & A deals have been executed in the Canadian industry. We hasten to add it might be still a little early to determine whether these alliances have been successful and how they will affect the Canadian business borrower. Many firms have learned to ‘stick to their knitting ‘and have returned to their core business.
Another significant trend is the fact that the average Canadian business borrower is more informed and selective when choosing a financing partner. Customers are more knowledgeable about key areas such as lease benefits, taxation advantages, and their right and ability to negotiate special lese terms and options. This trend has of course forced the industry as a whole to be more competitive and customer focused.
Another major trend in the industry, which has been a boon to the Canadian business borrower, is simply the additional financing products available. Leases with tax oriented advantages are available, and many borrowers in areas such as technology and heavy equipment have migrated toward the use of operating leases. We feel different lease products will continue to evolve. Another major trend in leasing is the ‘full service’ type lease where a number of different products such as service, maintenance, and insurance are bundled into the transaction.
A trend that continues to be in force is the emergence of a stronger base of consumer leasing, particularly in the vehicle industry. Most of us as keenly aware that over 50% of autos purchased are financed.
We often hear about the debate of ‘Does Size Count ‘. The trend towards larger leasing companies in some key market areas has made rates and terms and structures exceptionally attractive to the Canadian business borrower.
Specialization is one of the strongest trends in the Light Industrial Real Estate Definition. It therefore behooves the borrower to understand who are the specialists in the market segment in which they require financing.
Despite a proliferation of online leasing portals, applications, etc. a continued …
Tag: lease
What Are the Changing Trends in the Canadian Lease Financing Industry?
The Canadian Finance and Leasing Industry is a major driver in the Canadian economy. Let us look at some of the changing trends in the industry and how they might affect Canadian business owners seeking long term equipment financing.
First of all the lessor and lender borrower base has changed significantly over the years. Canadian businesses should be aware that there are over 190 + lease and asset based lenders in Canada. That’s a lot to choose from. Our point is simply that the well informed business owner should be aware of the breadth of lender in the equipment financing marketplace, both geographically and by financing ‘ niche ‘.
Whether a customer wishes to finance machinery, equipment of vehicles there is a much broader range of financing choice for the consumer – probably more so in recent years given that many specialty type lenders have emerged in different market segments. There is a large breadth of size of lenders/lessors as a key trend in the industry has been merger and acquisitions. A number of major M & A deals have been executed in the Canadian industry. We hasten to add it might be still a little early to determine whether these alliances have been successful and how they will affect the Canadian business borrower. Many firms have learned to ‘stick to their knitting ‘and have returned to their core business.
Another significant trend is the fact that the average Canadian business borrower is more informed and selective when choosing a financing partner. Customers are more knowledgeable about key areas such as lease benefits, taxation advantages, and their right and ability to negotiate special lese terms and options. This trend has of course forced the industry as a whole to be more competitive and customer focused.
Another major trend in the industry, which has been a boon to the Canadian business borrower, is simply the additional financing products available. Leases with tax oriented advantages are available, and many borrowers in areas such as technology and heavy equipment have migrated toward the use of operating leases. We feel different lease products will continue to evolve. Another major trend in leasing is the ‘full service’ type lease where a number of different products such as service, maintenance, and insurance are bundled into the transaction.
A trend that continues to be in force is the emergence of a stronger base of consumer leasing, particularly in the vehicle industry. Most of us as keenly aware that over 50% of autos purchased are financed.
We often hear about the debate of ‘Does Size Count ‘. The trend towards larger leasing companies in some key market areas has made rates and terms and structures exceptionally attractive to the Canadian business borrower.
Specialization is one of the strongest trends in the Light Industrial Real Estate Definition. It therefore behooves the borrower to understand who are the specialists in the market segment in which they require financing.
Despite a proliferation of online leasing portals, applications, etc. a continued …
Why Lease Peugeot Vehicles?
The French manufacturer Peugeot has long been on the radar for drivers due to their reputation for producing high quality, affordable, family-friendly Industrial Engineering Data Analytics vehicles. First founded in 1891 by Armand Peugeot under the name Societe des Automobiles Peugeot, Peugeot’s roots go way back to the 19th century.
The Peugeot family first started off in the coffee mill and bicycle manufacturing industry. Inspired by using steel rods to produce bicycles; the Peugeot family turned their hand to automobile manufacturing around the turn of the century. The first Peugeot vehicle (a three-wheeled steam powered car) was produced in 1889 but the 3-wheeled design was quickly abandoned in favour of 4-wheeled vehicles with petrol-fuelled engines.
Since its first foray into the world of automobile manufacture; Peugeot has gone from strength to strength. With an annual yearly revenue of around A�55 billion (2008) it’s clear the new range of Peugeot models (106, 206, RCZ Coupe, 308 etc) are proving to be a big hit with drivers all around the world. In fact, Peugeot models are constantly topping the lease lists of major companies around the globe.
So, what is it that makes Peugeot vehicles such a popular lease choice?
A� Affordable pricing: Unlike other vehicle manufacturers in its class, Peugeot hasn’t got greedy. Peugeot have kept true to their promise of creating family-friendly, reliable vehicles for affordable prices.
A� Great track record: Peugeot are constantly topping the list for reliable vehicles and it’s not hard to see why! State-of-the-art engineering and a great knowledge of the automobile industry has led Peugeot to design and manufacture a range of vehicles which really stand the test of time, no matter how careless the driver.
A� Wide variety of models: Over the last few decades, Peugeot has designed and manufactured a wide range of models which perform well on both city streets and country roads. Universal in their appeal; Peugeot vehicles are often credited with having the personality their counterparts so regularly lack.
Whatever your likes or dislikes; it’s hard to find fault with Peugeot’s fantastic range of commercial and non-commercial vehicles. 7 Lean Principles Professional and affordable; it looks like Peugeot is the French brand which won’t be disappearing any time soon.…