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goeasy Ltd T.GSY

Alternate Symbol(s):  EHMEF

goeasy Ltd. is a Canadian company that provides non-prime leasing and lending services through its easyhome, easyfinancial, and LendCare brands. The Company's segments include easyfinancial and easyhome. The easyfinancial segment lends out capital in the form of unsecured and secured consumer loans to non-prime borrowers. easyfinancial's product offering consists of unsecured and real estate secured instalment loans. The LendCare operating segment specializes in financing consumer purchases in the powersports, automotive, retail, healthcare, and home improvement categories. The easyhome segment provides leasing services for household furniture, appliances and electronics and unsecured lending products to retail consumers. Its customers can transact seamlessly through an omnichannel model that includes online and mobile platforms, over 400 locations across Canada, and point-of-sale financing offered in the retail, powersports, automotive, home improvement, and healthcare verticals.


TSX:GSY - Post by User

Bullboard Posts
Comment by rdwwwon May 18, 2017 6:56pm
191 Views
Post# 26262067

RE:$200 million short form prospectus filed on sedar

RE:$200 million short form prospectus filed on sedarthey dont use deposit moeny like HCG does. So they wont be running into that problem at all. thier default rate was low and getting lower I think, per last release. they plan to hit $500MM in loans within a couple years max as thier other goal. and while insiders may hold X amount, you can be sure they have friends with pockets who are along for the ride as well and sitting on thier shares just as tightly
Bullboard Posts