Element Fleet Management Corp T.EFN

Alternate Symbol(s): ELEEF

Financial Services Asset Management

Element Fleet Management Corp. is a Canada-based fleet solutions providers. It operates as a pure-play automotive fleet manager. The Company offers a full range of fleet services and solutions to corporations, governments and not for profits across North America, Australia, and New Zealand. Its services address every aspect of clients' fleet requirements, from vehicle acquisition, maintenance, accidents and remarketing, to integrating electric vehicles' (EV) and managing the complexity of gradual fleet electrification. It offers a range of fleet solutions consisting of cost management; driver productivity and vehicle uptime; fleet electrification, lease vs ownership, sale leaseback, and others. Its fleet types include global; government and public sector; material handling equipment; sales, and heavy trucks. It offers fleet solutions to various industries, such as construction; energy, oil and gas; food and beverage; healthcare; services; transportation, and utilities.

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Element Fleet Management Corp

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Comment by AVALONSHARKon Apr 06, 2018 7:03pm

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Post# 27846136

RE:RE:RE:RE:RE:RE:RE:RE:Here comes the squeeeeze

Why do you think rising interest rate is a concern for EFN, when they borrow money from the banks and lends them in return at a higher interst rate. From what I understand, they basically act as a financial institution themselves and any increase in interest would actually be beneficial to them. Please correct me if I am going wrong somewhere.

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