Considering a career in Vehicle & Equipment Finance?
The Vehicle & Equipment Finance industry incorporates a wide range of skill-sets, including finance and accounting, marketing and sales, credit and risk analysis, asset management, and customer service. It's unique because it requires a lot of hands-on activity, from interacting with clients to building financial models. If you want to learn new skills and advance your career, this is a field for you!
Key industry info:
- As of 2016, the total value of assets financed in Canada is $354 billion
- Vehicle & Equipment Finance is highly service-based. Strong communication and interpersonal skills are crucial for success
- The Vehicle & Equipment Finance industry is the largest provider of debt financing in Canada, after banking institutions and credit unions
In-demand skills and traits:
- Attention to detail
- Relationship management
Average Starting Salaries: Vehicle & Equipment Finance
Sales and Sales Support
Sales and Sales Support
"Take a look out at the highway; take a look at the trucks, trailers and cars passing by. Now ask yourself: What’s in those trucks? The appliances, equipment, machine parts, automobiles, computers, network systems, microchips…
The vehicle and equipment finance industry finances so much that people just don’t realize, and through the decades it has become part of every industry and come to support every business."— Unstoppable: The Story of Asset-based Finance and Leasing in Canada
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Unstoppable: The Story of Asset-based Finance and Leasing in Canada
Unstoppable tells the previously untold story of a business that has grown to be the largest source of debt financing to Canadian consumers outside of the traditional bank loan.