For equipment, vehicle & commercial leasing

Your lease book made you a reporting entity.

If you lease on your own paper, whether machinery, trucks, trailers, fleets or vehicles, FINTRAC's obligations have applied to you since April 1, 2025, and the first year of outreach is over. Provasure keeps your program, your lease-level KYC evidence and your training records in one continuously examination-ready file.

Get the free 12-item checklistBook a 15-minute call

Data stored in Canada

Does this apply to me?

Who this covers

Equipment & machinery lessors
You hold the lease, you hold the obligations. Vendor programs and brokered deals where a bank is the lessor of record stay the bank's problem.
Truck, trailer & fleet lessors
Operating leases, lease-to-own and rent-to-own on your own fleet all count. Term structure matters more than the word on the storefront.
Auto & specialty vehicle lessors
Leasing on your own lease agreements puts you in the same sector as in-house financing, with the same obligations.
Dealer-lessors
Sell and lease under one roof? The leases you write on your own paper carry the obligations, even when a bank funds your sales.
Only ever fund through third-party lessors? The free checklist includes a two-minute self-assessment.
What gets asked for

What an examiner asks a leasing company for

  • Corporate client identification by a permitted method
  • Beneficial ownership at the 25% threshold, with evidence, not just a name on a form
  • Sanctions and PEP screening, including owners and directors
  • Business-relationship records with ongoing monitoring set by risk rating
  • The 24-month effectiveness review
  • LCTR and STR processes with a documented basis

Most lessor clients are companies. That is the difference: corporate KYC and beneficial-ownership evidence most lessors have never had to keep before.

← Clients & deals
Audit chain verified ✓
DW
Northline Contracting Ltd.
MEDIUM
Entity · ON · Excavation & site services, all evidence current
KYC evidence
Entity confirmed
Confirmation of existence · Mar 2026
Sanctions: screened clear
Entity + 3 owners · evidence on file
PEP determination: on file
Owners and directors, CO-reviewed
Relationship purpose on file
Equipment leasing, 2 to 4 units a year
Beneficial owners: 25% threshold
3 recorded · 100%
Yusuf Karim
President · Director
45%Verified ✓
Helena Brandt
Director
30%Verified ✓
R. Brandt Holdings Inc.
Holding company
25%Reasonable measures noted
Ownership chain confirmed via corporate registry.
Identification
Locked · v1
MethodConfirmation of existence
RegistryOntario Business Registry
RegistrationOCN 100•••••9
Risk rating
Medium
Layered ownership and an $18,000 cash deposit, all measures documented.
Active lease
Equipment lease · excavator
$186,000 · 60 months
ACTIVE
$18,000 cash deposit
LCTR RAISED
Monitoring
Next reviewSep 30, 2026
A corporate lessee file in Provasure: identification by confirmation of existence, every owner above 25% with their percentage and registry confirmation, and screening that covers the owners as well as the company.
What you get

Same six modules, built for your book

Import your lease book, keep your DMS or lease system, and let Provasure build the file alongside it.

Program builder
Guided program builder
18 guided questions in, three documents out: policies & procedures, a risk assessment that rates your lessees and your channels, and your compliance-officer designation.
Clients & leases
Run each lease through guided KYC
Corporate identification by permitted method, beneficial ownership at 25%, sanctions screening with uploaded proof, and a PEP and third-party determination, captured while you write the lease.
Training
Training with receipts
A built-in AML course for financing or leasing entities: quiz, attestation, certificate PDFs, and automatic annual renewal reminders.
Reviews & calendar
Reviews & compliance calendar
The 24-month effectiveness review, scheduled and walked through step by step, alongside the monitoring dates each lessee's risk rating sets.
Reporting
Reporting assist
LCTR and STR indicator checklists and drafted narratives, with Provasure's own 24-hour internal clock to keep “as soon as practicable” honest. You file in FINTRAC's portal; Provasure prepares and logs.
Exam binder
The one-click exam binder
Every lease file, screening record and training certificate, indexed into a single ZIP with a tamper-evident audit certificate. Generated in under a minute.
Pricing

Less than one consultant engagement.

Starter at $4,490/yr fits most single-office lessors. Anyone running more than one business is Enterprise: one head-office view across all of them, scoped on a call.

See the full pricing →

Be ready before they call.

Score your lease book in two minutes, or talk it through with a founder.

Get the free 12-item checklistBook a 15-minute call