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ECN Capital Corp T.ECN

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

Financial Services Asset Management
ECN Capital Corp. is a Canada-based company. The Company is a provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). It 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 (RV) and Marine Finance. Its business segment includes Triad Financial Services, Source One Financial, and Intercoastal Finance Group. The Triad Financial Services is a portfolio solutions platform focused on originating and managing longer duration secured consumer loan portfolios for active partner. The Source One Financial originates prime and super-prime loans to consumers to facilitate the purchase of recreational and marine vehicles.


TSX:ECN - Post by User

ECN Capital Corp
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Comment by Ocalamanon Oct 24, 2016 7:40am
194 Views
Post# 25377091

RE:Shorts Cut in Half

RE:Shorts Cut in HalfGood news, I think this one is going to support the " bet on the jockey versus the horse" theory. This CEO has a track record of creating value and the fact that he has taken this spin off as his project bodes well for shareholders. It definately will be a slow building proccess but long term as rates increase and they can gain from the spreads it should be a succesful mid tier capital corporation.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities