Bullboard - Stock Discussion Forum ECN Capital Corp T.ECN.DB.A

Primary Symbol: T.ECN Alternate Symbol(s): T.ECN.DB.B | T.ECN.PR.C | ECNCF | ECNNF | T.ECN.DB

ECN Capital Corp. is a Canada-based provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). The Company originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial... see more

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ECN Capital Corp > re-Triad Financial Services Announces $1.14 Billion...

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Post by bmbruce on Aug 14, 2023 8:06pm

re-Triad Financial Services Announces $1.14 Billion...

Triad Financial Services Announces $1.14 Billion in Consumer Financing

This announcement looks promising for ECN, with its subsidiary Triad Financial Services securing $1.14 billion financing from Blackstone's Asset-Based Finance (ABF) Group…. this capital infusion not only signifies a considerable financial uplift but also directly contributes to heightened revenue and market prominence for ECN… moreover, the deal aligns with the CEO's commitment to innovation and collaboration, amplifying ECN's dedication to improving services and expanding the dealer network.

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