The CFLA/PayNet Canadian Equipment Lending Index (CELI) measures the volume of new commercial loans and leases to small and medium sized businesses, indexed so that January 2005 equals 100, based on activity over the past 30 days as reported by lenders into the PayNet database.
BENEFITS TO USERS
The Canadian Finance & Leasing Association (CFLA) partners with PayNet to release the CFLA/PayNet CELI. The index is published monthly as follows:
To learn about the methodology and predictive qualities of the CELI, please read our White Papers.
Download Canadian Commercial Credit Indices Methodology - White Paper
Download Examining the canadian business lending indices (CBLI) as indicators of economic activity - White Paper
Members of the Canadian Finance & Leasing Association can access the Index on the CFLA website under Industry Research & Data.
CFLA/PayNet Canadian Equipment Lending Index (CELI) is particularly useful for five functions of the lending process.