Vehicle & Equipment Finance Career Guide

The Vehicle & Equipment Finance industry is in-demand! Students and grads from a variety of different backgrounds can hatch successful careers in this industry. Use this guide to learn more about this field and the opportunities within it.

This guide is brought to you by

Canadian Finance and Leasing Association

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:
  • Leadership
  • Organization
  • Attention to detail
  • Relationship management
Average Starting Salaries: Vehicle & Equipment Finance
Pro Tip

"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

Resources

Honda in Canada

We all know someone who has a Honda product. That’s exactly what Honda is trying to achieve – affordable high-quality products for everyone. Honda Canada has celebrated being part of Canadian culture for more than 50 years now, and in honour of this, we...
Discover Finance with Honda

When you think of Honda, a top global automotive brand probably comes to mind. But have you ever considered Honda as a financial institution? Honda provides financial services to customers through Honda Canada Finance Inc. Established in 1987, Honda Canada...
4 Reasons Why Joining the Honda Team Will Help Your Career Takeoff

You’re probably familiar with the Honda brand. Perhaps you own a Honda made machine like a generator or a lawn mower — or, the most common: you just can’t make it down the street without passing a Honda Civic. Did you know that the Civic has been the top-s...
What it's like to work at Reynolds & Reynolds

Louis Grenier’s story is unconventional. He didn’t grow up dreaming about working in the automotive industry. But when the opportunity at Reynolds & Reynolds came along, he went for it and went all in. In the process of continuous learning and development,...
Core Values Explained – Honda Canada

Honda Canada truly stands behind its core values, it’s mission and vision for the future. We all spend so much time at work, so it’s crucial to make sure that you work for the company that aligns with your life values. Read on to find out what Honda believ...
Celebrating 50 Years in Canada – Honda Canada

Honda Canada has a rich and egg-citing history that started in 1969. The company was selling only motorcycles and power equipment at that time, but expanded into becoming one of the most recognizable and successful car companies in the world. Why is Honda...
Where are they now? Catching up with Alicia from Mercedes-Benz Financial Services

Internships are an excellent way to get your foot in the door, get a feel for the industry and organization, gain experience in your field and make lasting connections! The main goal of most students seeking internships, though, is to secure full-time empl...
New Grads: Where Do You Fit In The Vehicle and Equipment Finance Industry?

Good news – the Vehicle & Equipment Finance industry has a wide range of roles for students and grads. But which is right for you?

Interview Prep: 4 Questions You Could Be Asked In Your Vehicle & Equipment Finance Interview

Ace your interview with our prep guide!
What It Takes To Be Successful In The Vehicle & Equipment Finance Industry (VIDEO)

Take an inside look at the Vehicle & Equipment Finance Industry! These professionals share their insights – do you have what it takes to succeed?
How To: Tailor Your Resume For A Career In Vehicle & Equipment Finance

Want to land your dream job? Here's what you need to do.
4 Recent Grads Share Why They Chose To Start Their Careers In Vehicle & Equipment Finance

Choosing the right industry is key to a successful career. Find out why these new grads decided to get their start in Vehicle & Equipment Finance!
Average Starting Salaries: Vehicle & Equipment Finance 2017

Even if you don’t want to admit it, salary is an important factor to consider when looking for your dream job. When you’re fresh out of school, you’ll likely have loans to repay and new expenses to consider. Fortunately, there are a variety of well-payi...
Why New Grads Should Start Their Careers In Vehicle & Equipment Finance

You’ve completed your last exam, sold your last textbook, and handed in your graduation gown. But now, you’ve come face to face with your next big challenge: starting your career. Many graduates either have a very specific idea of what they want their c...
Hatching Your Career: The Mercedes-Benz Financial Services Experience

Between navigating the application, recruitment, and hiring process to figuring out your job and finding your fit in the organization, there are a lot of challenging things to cope with when starting a new job. We had the chance to hear from two new grads...
What It Takes To Be Successful In The Vehicle & Equipment Finance Industry (VIDEO)

Take an inside look at the Vehicle & Equipment Finance Industry! These professionals share their insights – do you have what it takes to succeed?
New Grads: Where Do You Fit In The Vehicle and Equipment Finance Industry?

Good news – the Vehicle & Equipment Finance industry has a wide range of roles for students and grads. But which is right for you?

4 Recent Grads Share Why They Chose To Start Their Careers In Vehicle & Equipment Finance

Choosing the right industry is key to a successful career. Find out why these new grads decided to get their start in Vehicle & Equipment Finance!
How To: Tailor Your Resume For A Career In Vehicle & Equipment Finance

Want to land your dream job? Here's what you need to do.
Interview Prep: 4 Questions You Could Be Asked In Your Vehicle & Equipment Finance Interview

Ace your interview with our prep guide!
Why New Grads Should Start Their Careers In Vehicle & Equipment Finance

Looking for a great industry to launch your career? Consider the Vehicle & Equipment Finance industry – these young professionals share their stories.
3 Skills For Success In Your Vehicle & Equipment Finance Career

Fine tune these skills to help you hatch a successful career in the industry!
Average Starting Salaries: Vehicle & Equipment Finance 2015

If you haven't checked out this industry, it could be for you!
Additional Resources
unstoppable-book
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.

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