The Canadian small business lending index from PayNet rose to 118.7 in May from 118.4 in April, Reuters said. However, the index measuring lending to medium-sized businesses dropped from 217.8 to 213.5.
In addition, Reuters noted that the 30-day delinquency rate for both small- and medium-sized businesses rose to 1.34% from 1.28%.
The equipment finance industry has experienced many changes since Adam Warner, president of Key Equipment Finance, joined it in the late 1980s: banks have become more active in the space, tax reform strategies and accounting changes have occurred and the... read more
Monitor’s inaugural Pioneer award is reserved for a leader who has demonstrated an ability for forward thinking and a willingness to step away from proven methods to employ new strategies that transform the status quo. A true builder at heart,... read more