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ARCHIVED—Canada Small Business Financing Act: Capital Leasing Pilot Project Summative Review Report
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6. Summary of Findings and Next Steps
In summary, the CLPP has been useful to a small number of small businesses and has contributed to economic growth and job creation, but the level of take-up does not indicate that a gap in the marketplace exists as originally suggested. Usage of the program by lessors has been much lower than anticipated. However, those lessors with experience delivering the CLPP are in favour of having capital leasing become a permanent part of the CSBFA as it is useful for higher-risk leasing that is on the margin of their risk profile.
The Minister of Industry will use the results of this review to determine whether capital leasing should become a permanent part of the core CSBFA program.
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