It wasn't by chance that Canada's banks remained relatively unscathed three years ago when many of their counterparts in the United States and Europe were collapsing under the weight of the global financial crisis.
In 15 years of arranging heavy equipment financing for clients in Kamloops, B.C., Hugh Sutherland has helped clients through good times and bad.
Robert Bean, assistant vice president and branch manager at Canadian Western Bank in Winnipeg, likes his clients to compare him to a building contractor.
Nothing sucks the enthusiasm out of an entrepreneur quicker than a bank pouring cold water on a new business idea and refusing to back it.
When it comes to business loans, you might think bankers only care about the numbers.
Coming up with creative ways to finance equipment is nothing new for National Leasing, the Winnipeg-based subsidiary of Canadian Western Bank Group (CWB Group).
For borrowers and lenders alike, long-term relationships can pay long-term dividends
When asked to assess current confidence in Western Canada’s commercial real estate market, Mario Furlan, vice president, Real Estate Lending, British Columbia for Canadian Western Bank (CWB), throws out a number: $1 billion.
Ever wondered what forms the basis of the relationship between you and your banker?
According to the Bank of Canada, banks are responsible for 58 per cent of all funds loaned to businesses in the form of business loans, short-term promissory notes, non-residential mortgages and other lending products.