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National Leasing - News Release
National Leasing Partners with Canadian Western Bank
Thursday May 22 2003

Winnipeg-based National Leasing has partnered with Canadian Western Bank as the preferred funder for CWB's small ticket equipment financing customers.

CWB's Equipment Financing & Leasing Division was formed in 1989, to provide a western focus on the equipment financing and leasing requirements of the Manitoba, Saskatchewan, Alberta and BC marketplace. National Leasing is aligned with CWB's Industrial Lending Division, serving customers in western Canada through 10 of CWB's 27 branches.

National Leasing will work exclusively with CWB customers on lease transactions under $100K.

"National Leasing is pleased to be providing Canadian Western Bank's customers with a small ticket leasing solution. Canadian Western Bank's goal is to provide excellent customer service. They looked for the best service providers available, and we are pleased to have been recognized by them as a leader in our marketplace," says Estelle Rochon Fraser, Vice President, Business Development & Marketing.

National Leasing's ability to make credit decisions over the internet was one of the keys to the CWB partnership. FastCredit® scores over 50,000 credit applications per year, 24 hours a day, seven days a week. Over 200 users in the Canadian leasing industry, like CWB, use FastCredit® to process their transactions every day.

"We were looking for a partner who was technologically advanced, western based, and had a similar culture to CWB," says Jim Burke, Vice President CWB. "Like CWB, National is committed to providing superior levels of service to meet the equipment and financing needs of the western marketplace."

Headquartered in Winnipeg, Manitoba, National Leasing Group is 100% Canadian-owned and operated with local representation in thirteen centers across Canada. National Leasing Group has been providing financial solutions for business in Canada and the U.S. for over 30 years.

For more information, please contact:

Estelle Rochon Fraser
Vice President, Business Development and Marketing
National Leasing
Phone: (204) 954-9027
Toll-Free: 1-800-665-1326
Email: estelle.rochon.fraser@nationalleasing.com

Peter Heavysege
Manager, Business Development
National Leasing
Phone: (204) 954-2256
Toll-Free: 1-800-665-1326
Email: peter.heavysege@nationalleasing.com

www.nationalleasing.com