Foundation U.S. Report: Cash on hand, interest rates, lowered U.S. financing share
US Market Report The vast majority of American end-user businesses (79 per cent) relied on financing for at least part of their equipment and software acquisitions last year. But underlying this figure is a decline in the propensity to finance equipment investment, according to a new study, the 2019 Equipment …
Chesswood Announces Results for the Third Quarter 2019
TORONTO, ON–Chesswood Group Limited announced results for the third quarter and nine-months ended September 30, 2019. Through three wholly-owned subsidiaries in the U.S. and Canada, Chesswood Group Limited is North America’s only publicly-traded commercial equipment finance company focused on small and medium-sized businesses. The third quarter was an exceptionally busy …
Understanding and Executing eSignatures Efficiently
by Aaron Seaton The execution of legal and administrative documents within lending and asset-based finance is a common task, which can be especially voluminous in equipment finance transactions. These documents are important, but they often lead to massive back-and-forth activities between lenders, obligors and guarantors. One of the big reasons …
Mercedes-Benz Financial Services Canada makes Management Changes
MISSISSAUGA, ON–Mercedes-Benz Financial Services (MBFS) Canada Corporation, a leading financial services provider and a company of Daimler Mobility AG, is pleased to announce the appointment of James Ryan as President and CEO of the organization. In this role, he will lead the Canadian divisions of Mercedes-Benz Financial Services and Daimler …
Vehicle Manufacturers Applaud Ontario Commitment to Strengthen Investment Competitiveness
Canadian Vehicle Manufacturers’ Association impressed with continued commitment TORONTO–Canadian Vehicle Manufacturers’ Association President, Mark A. Nantais says the Canadian Vehicle Manufacturers’ Association (CVMA) applauds the Ontario government’s continued commitment and focus to pursue policies that demonstrate a positive rationale for automotive manufacturing and related investment in Ontario. “The 2019 Ontario …