ECN Capital Corp T.ECN

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

Financial Services

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 (inventory finance or floorplan) loans. The Company operates through two segments: Manufactured Housing Finance, and Recreational Vehicles and Marine Finance. It operates through three businesses: Triad Financial Services, which manufactures home loans; Source One Financial, which is engaged in nationwide marine and RV lending; and Intercoastal Finance Group, which is engaged in national marine and RV lending. It provides prime credit portfolio solutions: Secured consumer loan portfolios, which manufactures home loans, and Secured consumer loan portfolios, which provides marine and RV loans.

TSX:ECN - Post by User

ECN Capital Corp > Thanks to the "Old ECN". Good Luck to the "New ECN"

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Post by BigJoon Dec 22, 2021 8:15pm

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Post# 34256644

Thanks to the "Old ECN". Good Luck to the "New ECN"

With tomorrow's scheduled special dividend of $7.50 per share ECN will continue on as a smaller, but hopefully, a still rapidly growing company.

The "Old ECN" which was itself a spin-off from the original Element Capital was a huge success. In late 2016 it traded for some time at approxiametely $3 per share before starting its run to today's all-time high at over $12.20 per share.

As happy shareholders we wish the company continued good luck in the future and thank the Directors and Managemnt for a job well done.

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