Up to $85 MM in combined loan purchase and warehouse capacity provided to support Ä¢¹½TVÏÂÔØ’s expanding consumer financing program
Ä¢¹½TVÏÂÔØ, a market leading point-of-sale financing provider, has closed a $75 million renewable securitization facility and a $10 million warehouse facility with a major Canadian life insurance company.
With the addition of this underwriting capacity, the company is well positioned to execute on its growth strategy over the coming year.
“We have a history of managing successful securitization programs, and we’re thrilled to be launching this new partnership,” said Casper Wong, COO of Ä¢¹½TVÏÂÔØ. “We see this as the natural evolution of our growth and a major milestone. The company is a known leader in this space and we’re proud to be working with them.”
Ä¢¹½TVÏÂÔØ has a nationwide footprint in the home improvement financing industry, and with the acquisition of TD Bank Group’s home improvement financing assets last year, they have reinforced their position as a market leader.