Stride Capital Corp
Stride Capital Corp is a Calgary-based equipment financing and leasing company serving Canadian SMBs across agriculture, construction, energy, forestry, manufacturing, and transportation, operating as a wholly owned subsidiary of Servus Credit Union since June 2023.
- Company typePrivate
- Founded2016
- HeadquartersCalgary, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Stride Capital Corp does
Stride Capital Corp is a Calgary-based Canadian equipment financing and leasing company founded in April 2016 by five partners who previously worked together at an independent equipment finance firm. The company provides capital leases, sale & leaseback transactions, and flexible payment term structures to SMBs and individual operators acquiring heavy equipment in six verticals: agriculture, construction, energy (oil & gas), forestry, manufacturing, and transportation. Stride finances all equipment ages and types without arbitrary restrictions, offers 24-hour approvals with 90-day rate locks, and supports seasonal, semi-annual, and annual payment schedules including a trade-up program for equipment replacement.
The product portfolio centers on Equipment Leasing (capital leases, sale & leaseback, flexible payment terms) with ancillary offerings including Commercial Equipment Insurance (GAP, down payment protection, accident/mechanical downtime coverage), an Equipment Buy & Sell secondary marketplace, and a "Refer to Earn" program paying up to $5,000 per closed deal. The underlying technology stack is not disclosed; the operating model is relationship-driven rather than platform-driven. Distribution runs through three channels: territory-based field account managers covering all Canadian provinces except Quebec, an inside-sales broker desk processing approximately $90MM in annual submissions, and a vendor/dealer network across hundreds of certified equipment sellers.
Since June 1, 2023, Stride has operated as a wholly owned subsidiary of Servus Credit Union Ltd., the largest credit union in Canada, which provides low-cost funding, balance-sheet capacity, and referral access to 380,000+ members across 100+ branches. Under Servus ownership, the portfolio has more than tripled in 34 months while headcount grew only ~20%, with all original employees retained and delinquencies reportedly held well below industry average. Revenue is generated primarily through recurring interest and lease payments on the financed book.
Stride Capital Corp firmographics
Firmographics- Name
- Stride Capital Corp
- Legal name
- Stride Capital Corp
- Website
- https://stridecap.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Stride Capital Corp is a Calgary-based equipment financing and leasing company serving Canadian SMBs across agriculture, construction, energy, forestry, manufacturing, and transportation, operating as a wholly owned subsidiary of Servus Credit Union since June 2023.
- Ownership category
- akta.pro rank
Stride Capital Corp industry classification
Industry- Product category
- Equipment Leasing
- NAICS
- Finance and Insurance (52)
- SIC
- Finance Lessors (6172)
- akta.pro primary industry
- Equipment Financing / Leasing (Venture-backed) (FSANAIAE)
Keywords
Where Stride Capital Corp is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Stride Capital Corp business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Equipment Leasing: Stride Capital generates revenue through equipment leasing arrangements for heavy equipment across multiple industries. This includes capital leases, sale & leaseback transactions, and flexible payment term structures. Revenue is earned through interest/lease payments over the term of the financing arrangement.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Custom equipment financing solutions |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
Stride Capital Corp product offering
Product offeringCore offering
Stride Capital Corp is a Canadian equipment financing and leasing company that provides capital leases, sale & leaseback transactions, and flexible payment term structures to help businesses acquire heavy equipment. The company finances all asset types and ages across agriculture, construction, energy, forestry, manufacturing, and transportation verticals in all Canadian provinces except Quebec, offering 24-hour approvals and trade-up options. It operates as a wholly owned subsidiary of Servus Credit Union Ltd.
Product overview
Stride Capital Corp is a Canadian heavy equipment financing and leasing company offering a unified portfolio of equipment finance products. The core offering is Equipment Leasing, which encompasses Capital Leases (for vendor-direct, private sales, and auction pre-approvals), Sale & Leaseback transactions (for working capital liberation), and Flexible Payment Terms (including seasonal, interest-only, semi-annual, annual options and a Trade-Up Program). These are supplemented by Commercial Equipment Insurance add-ons (GAP, Down Payment, and Accident/Mechanic Downtime coverage), an Equipment Buy & Sell marketplace for used heavy equipment, and a Refer to Earn loyalty program. The company operates across six Canadian industries (agriculture, construction, energy/oil & gas, forestry, manufacturing, transportation) and all major Canadian provinces, and functions as a wholly owned subsidiary of Servus Credit Union following its June 2023 acquisition.
Differentiator
Problem solved
Functional benefit
Products and services
- Equipment Leasing
Quantifiable outcome
- 24-hour approval turnaround for equipment financing applications
- +2 more outcomes
Companies that use Stride Capital Corp
Customer profileNamed customers11 records
Segments6 records
Ideal customer profiles3 records
Stride Capital Corp technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Stride Capital Corp partnerships and signals
Strategic signalScale indicators4 records
Recent moves7 records
Expansion highlights5 records
Stride Capital Corp competitors and assessment
Company assessmentDirect peers
- CWB National Leasing: Equipment leasing arm of Canadian Western Bank offering capital leases, sale leasebacks and vendor financing across Canada. Most direct head-to-head competitor to Stride in Canadian equipment finance.
- Farm Credit Canada (FCC): Crown corporation providing financing to Canadian agriculture, including equipment loans and leases to farmers and agribusinesses. Direct overlap in Stride's largest vertical (agriculture).
- Meridian OneCap Credit Union: Credit-union-affiliated commercial equipment financing provider in Canada offering leases and loans to SMBs. Direct parallel to Stride's credit-union-owned equipment finance model.
Broad incumbents
- DLL Financial Solutions (De Lage Landen): Global equipment finance vendor lessor (Rabobank subsidiary) operating across agriculture, construction, transportation and industrial equipment. A much larger, established player in the same equipment finance categories.
- GreatAmerica Leasing Corporation: US-based large-ticket equipment lessor serving SMB and vendor channels across multiple verticals. A scaled US incumbent in equipment leasing with overlapping product set.
- First Citizens Equipment Finance (formerly CIT): Large US equipment finance franchise acquired into First Citizens, providing capital leases, loans and vendor finance across transportation and industrial verticals. Broad incumbent in the same equipment finance category.
- Mitsubishi HC Capital Canada: Canada arm of global Japanese equipment finance group (formerly Hitachi Capital), providing commercial equipment leasing in Canada. Regional incumbent operating across overlapping verticals.
Emerging players
- Ascentium Capital: Tech-enabled US equipment finance lender focused on SMB equipment financing and vendor/leasing programs. Comparable business with a more digital GTM overlapping Stride's SMB equipment leasing focus.
- Bluevine: Tech-enabled SMB working capital and term loan provider. Adjacent competitor for small-business equipment financing customers with a digital-first delivery model that contrasts with Stride's traditional sales-led approach.
- Currency Capital: Online marketplace connecting equipment buyers and lenders, including equipment financing alternatives for SMBs. Emerging player competing for the same vendor and broker-driven equipment financing demand.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Stride Capital Corp social profiles
Digital presenceStride Capital Corp financial estimates
Financial estimateRevenue estimate
Valuation estimate
Stride Capital Corp leadership team
Management profileNumber of profiles
Profiles3 records
Stride Capital Corp funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Stride Capital Corp M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Stride Capital Corp
What does Stride Capital Corp do?
Stride Capital Corp is a Canadian equipment financing and leasing company that provides capital leases, sale & leaseback transactions, and flexible payment term structures to help businesses acquire heavy equipment. The company finances all asset types and ages across agriculture, construction, energy, forestry, manufacturing, and transportation verticals in all Canadian provinces except Quebec, offering 24-hour approvals and trade-up options. It operates as a wholly owned subsidiary of Servus Credit Union Ltd.
Is Stride Capital Corp a public or private company?
Stride Capital Corp is a private company. It is classified as corporate owned and is currently operating.
When was Stride Capital Corp founded?
Stride Capital Corp was founded in 2016. It employs 11 to 50 people.
Where is Stride Capital Corp based?
Stride Capital Corp is headquartered in Calgary, Canada, in the North America region.
How does Stride Capital Corp make money?
One revenue line is on record: equipment Leasing.
Who are Stride Capital Corp's main competitors?
Direct peers on record are CWB National Leasing, Farm Credit Canada (FCC) and Meridian OneCap Credit Union. Broad incumbents are DLL Financial Solutions (De Lage Landen), GreatAmerica Leasing Corporation, First Citizens Equipment Finance (formerly CIT) and Mitsubishi HC Capital Canada. Emerging players are Ascentium Capital, Bluevine and Currency Capital.
Does Stride Capital Corp have an API?
No public API is recorded for Stride Capital Corp.
What industry is Stride Capital Corp in?
Stride Capital Corp's product category is Equipment Leasing. Its primary akta.pro industry code is FSANAIAE, Equipment Financing / Leasing (Venture-backed). Its NAICS code is 52 and its SIC code is 6172.