ECN Capital Corp. announced that it has completed the previously announced sale of the Company’s Canadian Commercial and Vendor (C&V) Finance assets to CWB Financial Group.
“We are pleased to close this transaction on schedule on the terms previously announced,” said Jim Nikopoulos, ECN Capital’s President. “This transaction completes the sale of our commercial and vendor assets that began with the sale of the US C&V business and represents continued execution of our strategic plan.”
With total owned and managed assets of more than US$3.6 billion, ECN Capital Corp. is one of North America's leading finance companies. ECN Capital operates in four verticals: Home Improvement Finance, Manufactured Housing Finance, Rail Finance and Aviation Finance.
Previously featured on Equipment Finance Advisor:
ECN Capital to Sell Canadian Commercial and Vendor Finance Assets