ECN Capital reported Q1/18 originations were $349.2 million, up from $249.4 million sequentially and $31.0 million for the same period in 2017. read more
MAY 14, 2018 - 7:31 am
ECN Capital closed the acquisition of Triad Financial Services which will expand ECN’s U.S. finance business into prime and super-prime manufactured housing lending. read more
JAN 2, 2018 - 7:15 am
After being accused of fleeing Canada to avoid tax hikes, ECN Capital’s Steve Hudson denied such claims through a spokesman, Canada’s Business News Network reported. read more
SEP 29, 2017 - 7:26 am
ECN Capital will sell $1,487 million of railcar assets to affiliates of ITE Management and Napier Park Global Capital. The company also reported financial results for Q2/17. read more
AUG 11, 2017 - 7:44 am
ECN Capital closed the previously announced offering of 4,000,000 6.25% cumulative 5-year minimum rate reset preferred shares, Series C at a price of $25 per share for aggregate gross proceeds of $100 million. read more
MAY 26, 2017 - 7:23 am
ECN Capital appointed Michel Béland to the position of chief financial officer. Béland had served as CFO of Element Financial since 2011. read more
JAN 10, 2017 - 6:59 am
ECN Capital CEO Steven Hudson purchased $18.2 million in ECN common shares. He also exercised options to purchase 300,000 shares for tax planning purposes. The purchases have a current market value of $26.6 million. read more
NOV 22, 2016 - 7:40 am
Monitor publisher, Jerry Parrotto, catches up with Steve Hudson and Brad Nullmeyer of Element Financial. Driven by innovation, opportunity and a customer-centric business model, Element has quickly risen from a small regional player to one of the largest fleet management and equipment finance companies in North America. Hudson and Nullmeyer share their story of success and provide a peek of what lies ahead.... read more
September/October 2015
In a wide ranging interview with Element Financial CEO Steve Hudson, the Financial Post explained how a revamped version of a past company has “emerged as the darling of institutional investors.” read more
AUG 17, 2015 - 7:23 am