Stride Capital, an independent equipment lease and finance company based in Alberta, Canada, officially opened this week. Stride will work with equipment dealers, business owners and financial institutions to fund transactions between $50,000 and $3 million.

Stride plans on being a provider for a number of industries including transportation, construction, energy, industrial, forestry, agriculture, manufacturing and commercial fleet automotive.

“Our company will deliver a customer-focused experience based on the best practices and core values of the five founding partners, each of whom bring vast knowledge from the private, public and banking industries,” said Randy Mannix, president of Stride Capital.