SOURCE: TREND Financial

TREND Financial

January 06, 2015 15:12 ET

TREND Financial Signs $81 Million Credit Facility to Accelerate Significant Company Growth

TORONTO, ON--(Marketwired - January 06, 2015) - TREND Financial, a leader in offering custom-made automotive financing solutions, today announced it has signed an $81 million non-revolving credit facility with long-term partners Maxium Financial Services.

This increased credit facility will allow TREND to continue its pace of growth for 2015. During this time TREND will be able to focus on its current aggressive pace of growth to achieve its strategic and financial objectives.

"We are encouraged and very excited about the amazing momentum TREND is experiencing and believe that with this additional capital the company will grow even more significant," said Brent Sawadsky, CFO. "Our strong working relationship with Maxium Financial Services and our Dealer Network will continue to fuel our success."

"This additional funding is a great vote of confidence in TREND's vision of how companies can accelerate their revenue growth, as well as in the long term potential of our company," said Nahum Kaplan, president and CEO, TREND Financial. "We are by far the fastest growing company in our market category, and we plan to use this funding to invest even more heavily in ensuring our continued success with our Ontario Dealer network, as well as increasing our focus to franchise dealerships to further accelerate our growth."

For more information about TREND Financial, please visit www.TRENDfinancial.com.

About TREND Financial

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

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