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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

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

Bullboard Posts
Post by ERTguyon Sep 23, 2017 11:52am
231 Views
Post# 26734405

that 4.05 resistence is significant

that 4.05 resistence is significantI'm going to be watching this closely as I unwind my Air Canada position.  I think this upgrade by credit Suisse also speaks to the investment friendly nature of this company given the meeting they had.  Still I think the 4.05 resistence taken down will be dependent on the next deal and how good it is.  Cheers
Bullboard Posts