Dealnet Reports Record Originations, Consumer Finance Receivables and Revenues in First Quarter of 2016 - Seite 2
Q1 2016 BUSINESS AND OPERATIONAL HIGHLIGHTS
- Closed the acquisition of EcoHome Financial, a premier non-bank lender in the Canadian heating, ventilation and air conditioning (HVAC) and home improvement segments
- Completed $30 Million bought deal private placement
- Closed a secured debenture offering with capacity to issue up to $100 Million with reduced cost of funding of 5.99% that lowers as volume increases and through the EcoHome Financial transaction, other servicing and funding relationships further driving down cost of funds and increasing capacity
- Completed physical integration of EcoHome Financial with Dealnet
Q1 2016 CONFERENCE CALL DETAILS:
DATE: | Monday May 30, 2016 |
TIME: | 10:00 A.M. EST |
DIAL IN NUMBER: | Local / International: 416-340-2216 |
North American Toll Free: 866-223-7781 | |
REPLAY NUMBER: | Local / International: 905-694-9451 |
North American Toll Free: 800-408-3053 | |
Passcode: 2594238 | |
WEBSITE: | To view the press release or any additional financial information, please visit the Investor Relations section of the Dealnet website at: http://www.dealnetcapital.com/investors/ |
About Dealnet Capital Corp.
Dealnet is an engagement enabled consumer finance company that is initially focused on home improvement finance solutions including heating ventilation and air conditioning financing and leasing. Dealnet leverages its large scale customer service and engagement technology platform to attract home improvement dealers by providing front and back office services to support dealer operations leading to origination growth.
For additional information please visit www.sedar.com.
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Michael Hilmer
CEO
+1-416-420-5529
mhilmer@dealnetcapital.com
Dealnet Capital Corp.
Nicole Marchand
Investor Relations
+1-416-428-3533
nmarchand@dealnetcapital.com