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LendCare is a wholly owned subsidiary of goeasy Ltd. (TSX:GSY), and together, we work to help bring our customers and merchants a robust suite of products and a best in class financing experience.
goeasy Ltd. is a Canadian alternative financial services company based in Mississauga, Ontario. It operates with three business units – easyfinancial, which offers loans to non-prime borrowers; easyhome, which sells furniture and other durable goods on a lease-to-own basis; and LendCare, a provider of point-of-sale consumer financing.
Apr 12, 2021 · LendCare is one of Canada’s leading point-of-sale consumer financing providers. Strategic acquisition accelerates growth through product and point-of-sale channel expansion. Attractive valuation and synergies to assist in producing long-term return on equity of 25%+.
We work with businesses to offer their customers financing for cars, motorcycles, jet skis, ATVs, RVs, home renovation projects, retail purchases, healthcare services and so much more.
For over a decade, LendCare has cleared a path to providing fast, reliable, and affordable financing options for the powersports, automotive, retail, home improvement, auto repair, veterinary and health sectors, while processing over $10 billion in loan applications to date.
Apr 30, 2021 · Founded in 2004, LendCare is one of Canada’s leading point-of-sale financing providers, with approximately 3,000 merchant, OEM and distributor relationships nationwide.
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Why did goeasy acquire lendcare?
LendCare is a Canadian consumer finance and technology company that enables businesses to increase their revenue by providing full credit spectrum financing at the point-of-sale. On April 13th, 2021, LendCare was acquired by goeasy.
