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.
A favorite question of the year-end issue is, “What lies ahead?” In the U.S., Canada, Latin America, Europe and China, expect continued industry growth that, in some cases, lacks the gusto of 2018. Trends to watch include the impact of... read more
Equipment finance and leasing industry observers know 2018 has been a good year for U.S. business. And the construction industry is no exception. But before taking a closer look at this important segment, it is crucial to understand its scope.... read more