PEAC Solutions, a vendor financing company, and Armada Credit Group, a provider of equipment finance services in Canada, formed a joint venture that will allow PEAC to expand its global footprint and make it easier for vendor partners and customers in Canada to access financing options.

“It’s exciting to have Armada’s support in growing PEAC’s presence and services to our vendors and customers in Canada,” Tibor Horvath, senior vice president of PEAC’s construction, transportation and industrial group, said. “We look forward to leveraging Armada’s expertise and focus to deliver financial solutions to our customers.”

“The entire Armada team is honored and thrilled to be supporting PEAC and their customers in Canada,” Bill Tsiobanos and Danny Lebovics, managing directors at Armada Credit Group, said in a joint statement. “There is an excellent fit between our organizations, as we share similar core values regarding how we conduct business and the importance of serving our customer and vendor partner relationships.”