Author Archives: Frank Penkala

About Frank Penkala

A self-employed finance guy who you can reach most of the time at (403) 701-5877. Fixer of interesting commercial lease financing challenges. The journey just seems to be getting more interesting. An active supporter of Kiva, Plan Canada, The Stephen Lewis Foundation and MSF Canada.

LeaseDirect Canada Now Accredited by The Better Business Bureau (BBB)

Well, we finally got around to getting accredited by the Better Business Bureau, aka BBB, and started off with a pretty darn good rating. Seems with almost 10 years of business under our belt under the LeaseDirect brand, with no … Continue reading

Posted in Equipment Leasing | Tagged , , , , , , , , , , , , , , , , ,

LeaseDirect Charge on Your Credit Card?

It ain’t me babe, it ain’t me you’re looking for… ~ Bob Dylan Hold the phones. It seems major banks believe little ol’ LeaseDirect Canada is charging their clients’ credit cards for some nefarious purpose. For the record, in most … Continue reading

Posted in Equipment Leasing | Tagged , , , , , , , , , , , ,

Good Leasing Results: “It has been a pleasure working with you.”

Some transactions just go so well that I just want to reach through the phone to the person I’ve been working with and extend a big ol’ hug. Imagine every working interaction going smoothly, sharing the information needed to make … Continue reading

Posted in Equipment Leasing | Tagged , , ,

Message from Credit

Every once in a while funny stuff happens at work, even in the leasing business. Yesterday I conferenced a rather unexpressive client in over the phone, connecting with the voicemail of a credit manager, to do a verbal confirmation of … Continue reading

Posted in Equipment Leasing | Tagged , , , , ,

Doom and Gloom? Where?

So, we are providing lease financing for a new dermatology clinic in Vancouver; funding digger derrick and bucket trucks that will be working for BC Hydro; leased new servers to an engineering company in Calgary; approved an older lowboy trailer … Continue reading

Posted in Equipment Leasing | Tagged , , , , , , ,

Leasing Services in Alberta – Our Poster Boy

Fred’s little Alberta based oil and gas drilling rig moving business is now generating considerable revenue, with decent profitability.  It has been an interesting ride with him over the past three years.  Starting as a modest water hauling operation, our … Continue reading

Posted in Equipment Leasing | Tagged , , , ,

Equipment Leasing: Sometimes It *Really!* Works

It is a pleasure working with people who have the determination (guts, gumption, skill, luck) to succeed, regardless of the perceived economic climate. I am starting to see year-end statements for a few companies who are not only surviving, but really, … Continue reading

Posted in Equipment Leasing | Tagged , , , , , | Leave a comment