Laurentian Bank announced its LBC Capital and Northpoint Commercial Finance subsidiaries are uniting under one brand, Northpoint Commercial Finance, as of November 1, 2024. The merging of these two brands is a natural and anticipated evolution of...
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October 30, 2024, 07:11 AM
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Laurentian Bank announced new appointments and expanded mandates for its leadership team to deliver on the Bank's renewed focus to be closer and more accountable to its customers. These appointments are also the outcome of the Bank's formal...
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October 16, 2023, 07:15 AM
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Laurentian Bank announced it has completed its review of strategic options aimed at maximizing shareholder and stakeholder value with the support of independent financial and legal advisors. Based on the review, the Board, with the support of the...
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September 18, 2023, 07:15 AM
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Laurentian Bank of Canada announced the appointment of Thierry Langevin as President of LBC Capital. LBC Capital is a fully owned subsidiary of Laurentian Bank of Canada specialized in equipment financing and is a key component of the Bank’s...
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March 17, 2021, 07:20 AM
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LBC Capital announced the extension of its partnership with Lenovo, which will see LBC Capital continue as the exclusive lessor for the Lenovo Financial Services program in Canada until 2023.Since its 2010 launch, this partnership has leveraged the...
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May 22, 2020, 07:15 AM
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Laurentian Bank of Canada announced that it has reached a definitive agreement under which a subsidiary of the Bank has agreed to acquire Northpoint Commercial Finance, which is among the leading U.S. and Canadian inventory finance lenders with a...
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May 19, 2017, 07:19 AM
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CIT Group announced that it has completed the sale of its Canadian equipment finance and corporate finance businesses (CIT Canada), with assets of approximately US $700 million, to Laurentian Bank of Canada. As part of the sale, CIT will transfer...
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October 04, 2016, 07:10 AM
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CIT Group announced that it has reached a definitive agreement to sell its Canadian equipment finance and corporate finance businesses (“CIT Canada”), with more than US $700 million in assets, to Laurentian Bank of Canada. In addition, approximately...
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June 30, 2016, 07:19 AM
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Laurentian Bank of Canada (LBC) announced a partnership with the Business Development Bank of Canada (BDC), to help manufacturers across the country acquire equipment through more flexible financing options. For nearly two years, Laurentian Bank's...
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September 11, 2015, 07:18 AM
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Laurentian Bank announced that it is expanding the range of financing solutions it offers to its commercial clients with the addition of leasing products. With these products, the Bank will be able to provide a new alternative to businesses across...
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October 10, 2013, 07:02 AM
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