Dealnet Enters into Vendor Finance Agreements for Products Including HVAC
Dealers will offer Dealnet’s point of sale financing solutions to Canadian homeowners
TORONTO — Dealnet Capital Corp. announced that it has entered into multiple vendor finance agreements with distributors and manufacturers of home improvement products in Canada, including an HVAC equipment supplier.
The company said it has worked closely with a number of OEMs and has entered into three strategic relationships that are expected to expand the company’s dealer base and further drive origination volumes. These relationships are expected to result in the company being the preferred financing solution for each OEM’s dealer network where the dealers will offer Dealnet’s point of sale financing solutions to Canadian homeowners. The new relationships are with: