The deal is intended to expand access to a larger network of lenders and product offerings, as well as utilize technology and processes to better serve Under Par’s customer base.
“We are excited to partner with the team at Taycor Financial,” said Ryan Cooney, founder of Under Par Finance. “We will be in a much better position to serve the golf industry effectively and efficiently with the experienced operational team at Taycor. I believe our current and prospective clients will enjoy a more seamless experience from credit underwriting to the final funding stages. The additional financial products and technology resources will only serve to better position UPF as a full service financial solutions provider.”
“It is a true honor to announce the joint project with UPF, and the partnership with Ryan Cooney and his team,” said Michael Hong, president at Taycor Financial. “We have worked closely over the last few years, and this is an incredible opportunity for Taycor to expand our footprint into Canada as well as grow our golf portfolio. Taycor plans to continue to explore further growth into the social element of making the game of golf more accessible.”
Cooney will continue to operate Under Part Finance as a joint operational entity of Taycor Financial as senior vice president.
Founded in 1997, with offices in Los Angeles and Boston, Taycor Financial provides equipment leasing and financing to the business community.
According to the November’s Credit Managers’ Index (CMI) from the National Association of Credit Management, sights are set on “some consistent concerns” in the index’s unfavorables as 2018 comes to a close. What does this mean for 2019? CHRIS MAUDLIN:... read more
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