BMO to Acquire Canadian Lease/Loan Portfolio from Key EF
DEC 10, 2019 - 6:25 am
BMO and Key Equipment Finance (KEF) have entered into an agreement whereby BMO will acquire KEF’s Canadian lease/loan portfolio.
BMO will be integrating the KEF portfolio into BMO’s Equipment Finance business to provide the best client experience for common and new client relationships.
BMO Equipment Finance provides customized financial solutions that address the capital expenditure, cash flow, tax and accounting strategies of leading North American enterprises in both Canada and the U.S. and is a complement to the bank’s conventional loan offerings.
The equipment finance industry has come a long way on digital transformation in the past decade. As we enter a new one, the next frontier will be completing the digital journey to encompass all points in the leasing life cycle.... read more
Have good economic times led to an over production of equipment with negative value implications? If the economy declines, will residual values follow? Is there a growing residual value risk? This article will present several examples of residual value risk... read more