MONCTON, N.B. — Paccar Leasing Company (PacLease) has announced the recent addition of a new full-service lease location in Moncton, N.B., which is operated by Bayview PacLease.

The demand for full-service leasing continues to grow because it offers companies a compelling, off-balance-sheet financing solution to their transportation needs, says PacLease president Bob Southern. “This new location will help us meet that demand and expand PacLease’s industry-leading customer service in New Brunswick.”
 
Moncton lies at the crossroads of the Atlantic provinces, and its economy benefits from all of the activities that happen throughout the region, according to Bill Ervin, vice-president of sales and leasing for Bayview PacLease. Mineral exploration and mining have played a significant role in the New Brunswick economy, with strong market conditions for metals, fertilizers and energy, which have helped the economy continue to expand, according to Ervin. He says there has also been a great deal of construction activity in both the residential and commercial sectors.
 
“We expect demand for full-service leasing through PacLease will be strong, particularly since we can offer quality Kenworth trucks custom spec’d with the equipment that can help customers run more efficiently in a variety of applications, including line haul, construction, and pick-up and delivery,” Ervin says.

“We think full-service leasing will be the way of the future for many local companies since they won’t have to worry about truck maintenance, which is becoming more and more complex with new technologies being introduced. We’re also seeing interest from local governments that like the idea of being able to lease custom-spec’d trucks with the latest emission reduction technologies, without the worry of dealing with their maintenance,” he added.

Bayview PacLease, is located at 235 Commerce Street, Moncton, N.B. Call 506-862-0953 for more information.