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The LendCare Blog

Binge-worthy brain food for everything business

The debt trap of credit card minimum payments
10 January 2020
Business

The debt trap of credit card minimum payments

At this point, I’m sure most people believe they fully understand how a credit card works. For those who don’t, a credit card acts as a line of credit up to a set amount, or limit. Purchases made with a credit card are usually subject to a certain interest rate and the cardholder is only obligated to pay 2% of their credit card balance off, per month. Sounds easy enough, right?
Does your dealership deliver on delight?
8 November 2019
Business

Does your dealership deliver on delight?

Regardless of what industry you’re in or what type of vehicles you sell, at the end of the day there’s hundreds, if not thousands of other dealerships who all sell the exact same products.
Powersports and the power of influencer marketing
8 November 2019
Marketing

Powersports and the power of influencer marketing

Remember the days when your mother forbade you from hanging out with that ultra cool neighbour kid who seemed to have an unnatural affinity for getting you both into trouble?
Recreational market potential - brought to you by Millennials
7 November 2019
Business

Recreational market potential - brought to you by Millennials

Under the impression most millennials borrow money from their parents and still live at home? Think again…
It's her way or the highway!
7 November 2019
Business

It's her way or the highway!

80-95% of all car buying decisions are made by women. That means almost every sales pitch you make, at the end of the day, is decided upon by a woman.
It's prime-time for non-prime loans
6 November 2019
Business

It's prime-time for non-prime loans

Did you know 30% of Canadians cannot get bank or OEM financing approval for their new vehicle?
BRP Club 2020 electrifies powersports industry
6 November 2019
News

BRP Club 2020 electrifies powersports industry

Back in 2008, Tesla changed the auto game forever, when they released the very first fully electric- powered car.

Coronavirus 

update & changes

Coronavirus update & changes

We understand that this is a challenging time for all of us as we navigate through this new normal. While we are all impacted during this COVID-19 pandemic, we are maintaining a solid support system for your needs. At LendCare, we make it our priority to ensure that we continue to provide our partners and customers with the care they deserve.


We continue to operate at full operational capacity. Feel free to contact us should you require any assistance. We are maintaining our regular business hours for your convenience.


To help guide our partners and customers through these uncharted waters, we’ve created handy resources that tells you how you can immediately tap into available financial resources for you and your family and grow your business during COVID-19. Read here


Let’s all do our parts to fight this together.