Kroll Bond Ratings agency expects that ECN Capital’s acquisition of Triad Financial Services will be neutral to ECN’s ratings. KBRA also noted that this transaction will help to further diversify revenue and has healthy growth potential in terms of origination and revenue generation. Moreover, ECN, with C$4.57 billion ($3.56 million) in total assets as of June 30, 2017, is an experienced acquirer with strict requirements for strategic opportunities. Additionally, the impact of the transaction on ECN’s leverage will be nominal.
On the deal flow side, how would you characterize the level of activity that you are seeing versus what it was a year ago? If activity is higher, is it the result of more deal flow from existing sources or... read more
For the last half century, the equipment finance industry has continued to grow year over year. Starting at $29 billion in 1960, the industry has grown to over a trillion dollars in 2018. Industry veterans still remember a time when... read more