Transportation Equipment Financing In Canada
One of the things that’s changed in Canada with respect to transportation equipment financing is the change by lenders and leasing companies to provide financing for companies and individuals that travel back and forth across the Canada/U.S. order.
In the past, it was difficult for these types of businesses to secure financing as lenders from either side had concerns that in a default situation, they would not be able get their security back if it was sitting in another country.
In recent years, this has changed, and lenders now appear to be more comfortable with the risk of loss and have found ways to protect themselves better.