TREND Financial

April 28, 2016 10:30 ET

TREND Financial Quickly Achieves the $100 Million Funded Auto Loans Milestone

TORONTO, ON--(Marketwired - April 28, 2016) -  TREND Financial, a leader in offering custom-made automotive financing solutions, today announced it has quickly achieved the $100 million milestone in funded auto loans.

The results continue to strengthen industry leader TREND Financial as one of the fastest growing lenders in Canada and well positioned for solid, successful execution of TREND's growth plans into the future.

"It is incredibly touching and gratifying to have swiftly reached $100 million in loans," commented CEO Nahum Kaplan. "This milestone could not have been met without the hard work of the TREND Team and the confidence of our Senior Lending partners."

"These are important milestones for TREND, we thank our Lending and Investor partners for providing additional capital to fuel our growth," says CFO Brent Sawadsky. "Their enthusiasm validates the strength of our business model with strong operational performance, maintaining lower than industry average credit losses and financial discipline."

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About TREND Financial

Started in 2012, TREND Financial is a Canadian-owned automotive financial services company. Headquartered in Toronto, TREND has successfully experienced unprecedented growth servicing dealerships and consumers across Ontario.

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