Laurentian Bank’s LBC Capital and Northpoint Commercial Finance subsidiaries are uniting under one brand, Northpoint Commercial Finance, as of Nov. 1, 2024. Both LBC and Northpoint will continue to leverage the same team of professionals.
“Merging these two divisions is in line with our commercial banking and overall business strategy and a proof point of our simplification roadmap,” Éric Provost, president and CEO of Laurentian Bank, said. “We believe there are many opportunities for growth in the specialized lending market, as presented at our Investor Day on May 31, 2024, and are looking forward to deepening our strong relationships and creating new ones with partners and customers across North America.”
Under the leadership of Dan Radley, president and CEO, Northpoint Commercial Finance, the combined entity will report directly to Éric Provost and be proudly powered by Laurentian Bank.
