Equirex

Market Position

Equirex is active across Canada, serving all major cities exclusively through a broker network. As a complement to retail and commercial banks who work with lower risk businesses, Equirex has succeeded in the B-Finance segment. In Canada, banks and other lenders have tried to enter this space, but have found it difficult to manage risks and problems in other sub-prime markets have led to retraction from the segment. Equirex emphasizes finding solutions to a business' needs. The company is known for funding leases that are appropriate to the lessee, and mitigate risk.

Product Mix

Equirex does not provide consumer leases. Instead, it works with manufacturers and a broker network to supply businesses with needed equipment for their operations. In contrast to most other leasing industry players, Equirex does not use an inside sales force. They work with brokers with expertise by industry segment. Major industries served include:

Agriculture

Bars & Restaurants