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Axis Enters the Quebec Market and Completes Coast-to-Coast Expansion

T.AXIS

Canada NewsWire

TORONTO, Dec. 19, 2018 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest-growing, publicly-traded, non-prime automotive finance company, announced today that it has entered the Quebec market by opening an office in Montreal.

Axis Enters the Quebec Market and Completes Coast-to-Coast Expansion (CNW Group/Axis Auto Finance Inc.)

"With our entry into Quebec, Axis has achieved its stated goal of completing a national roll-out in 2018," said Todd Hudson, CEO of Axis. "We expect Quebec originations to be a major contributor to strong portfolio growth in the very near future," he added.

Quebec is the second largest province in Canada, by population, and has historically been a strong market for non-prime automotive finance.

Axis has employed a number of individuals with a strong pedigree in the Quebec auto market. The company has already received dozens of requests from automotive dealers looking for non-prime financing options.

About Axis Auto Finance

Axis provides non-standard financing options, targeting roughly 30% of Canadians (Source: Equifax) that do not qualify for traditional bank-type financing for their used vehicle purchase. Through personalized service and a commitment to building strong, long-lasting relationships with dealer partners, Axis continues to be Canada's fastest-growing auto finance company.

Further information on the Company can be found at www.axisautofinance.com.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Axis Auto Finance Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2018/19/c1007.html



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