Electric vehicles (EV’s) have been gaining popularity over the last couple of years and for good reason. Many manufacturers, including major traditional manufacturers who produce commercial vehicles such as pickup trucks and commercial vans are dedicating more resources into developing and producing electric vehicles.So, why are so many manufacturers focused on developing these electric vehicles
We are pleased to announce that Continental General Tire has decided to initially enter the fleet management market with Jim Pattison Lease. This will be Continental General Tire’s initial foray into the market. Effective January 4, 2021, they have been accepting our Jim Pattison Lease fleet card for tire and serviced related transactions. Transactions will
Jim Pattison Lease is pleased to announce it has acquired Manchester Leasing Services based in Urbandale, Iowa. With additional offices in Chesterfield, MO and Melbourne, FL, Manchester Leasing Services is a fleet management company with a portfolio of vehicles operating across 19 states through the U.S. With a history dating back to 1951, the Manchester Leasing
Given the current economic conditions, preserving cash and managing cash flow are important steps in the sustainability and growth of your business. Vehicle leasing can be a valuable option for fleets of all sizes to help improve cash flow, manage a safe fleet of vehicles, while also lowering total fleet operating costs. That being said,
The Canadian Transportation Ministry has mandated that, by June 2022, ELDs (or electronic logging devices) will have to be used by all drivers that are currently required to maintain a logbook. An ELD is defined by Transport Canada as “a certified device that automatically records a driver’s driving time and facilitates the recording of
Definition Vehicle Sale/Leaseback – A sale, or leaseback, is a service where a fleet management company purchases your company vehicles for a pre-determined amount and leases it back to your company. Sale/leasebacks can be done with either company-owned vehicles or vehicles that are currently leased or financed through another lessor/lender. Overview These days, managing cash
Overview Vehicle leasing provides a significant cash flow advantage to a business over purchasing, as the lower lease payment reflects the expected usage of the vehicle. In essence, you only pay for what you use. A Closed-End (operating lease) is a type of lease that offers flexible terms and usage allowances while eliminating residual
The federal and provincial governments have announced financial aid to help support businesses and individuals who have been impacted by COVID-19. Some of the federal financial assistance available to businesses include: Canada Emergency Wage Subsidy (CEWS) provides up to a 75% wage subsidy to eligible employers for up to 12 weeks. For more detailed
March 18, 2020 UPDATE To Our Valued Customers: Jim Pattison Lease is taking the Coronavirus outbreak seriously and is respectful of its employees, suppliers, and customers. We understand that these are certainly unprecedented times and that the situation we face is serious. We are committed to support our customers’ urgent vehicle requirements during this
We're pleased to announce that the Jim Pattison Lease Fleet Card is now accepted at all UPI Energy Gas Stations in Canada. UPI Energy currently has 33 locations in Ontario. Most sites are full service and cards will need to be swiped inside the kiosk. To find out more about our vendor network, click
