National Leasing acquires Canadian lease portfolio of CarQuest Canada
WINNIPEG--National Leasing Group Inc. (National Leasing) today announced its acquisition of the Canadian lease portfolio of CarQuest Canada. CarQuest Canada has also chosen Affiliated Financial Services and National Leasing to provide ongoing lease financing and servicing for its Canadian customers.
“We will continue to look for strategic portfolio purchases such as this one to further augment National Leasing’s growth,” said Nick Logan, President and CEO of National Leasing. “Our financial strength allows us to be fast and flexible in purchasing Canadian-based portfolios from vendors in both Canada and the United States. We also have great relationships with many equipment brokers, who we expect will provide an additional source of referrals.”
National Leasing provides equipment financing to businesses across Canada. As an innovative leader in the industry, National Leasing invests heavily in customer service and support to ensure that lease origination and administration is quick and easy.
CarQuest Canada is a subsidiary of CarQuest Auto Parts, North America’s premier supplier of replacement products, accessories, suppliers and equipment. There are more than 300 CarQuest Canada auto parts stores throughout Canada supplying the professional automotive services industry with replacement parts, tools and equipment.
Affiliated Financial Services is an established leasing broker, headquartered in Montreal that has provided exceptional financial services to the Canadian leasing market for over 15 years.