According to the latest data from Equifax Canada’s Market Pulse Q1/24 Business Credit Trends Report, new installment loan originations surged by 74% year over year in the second half of 2023. read more
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Delinquencies and defaults are on the rise and the effects are widespread and multi-pronged. We all know their impact — diminished net yield, accelerated provisioning, reduced eligibility for funding, resulting in strained borrower relationships, reduced access to credit and a... read more
The business of financing equipment has evolved over the years. In the early days, equipment-centric leasing with structures tailored to a customer’s unique needs were the norm. But as the industry grew legs and established its legitimacy, a shift took... read more