With over a decade of experience in the consumer financing sector, we have built relationships with thousands of businesses and tens of thousands of people throughout Canada - helping them to achieve growth and success in all their endeavours.
We see the story behind the numbers and use our multi-device compatible technology to simplify the financing experience and maximize approvals. Because changing the way you view potential allows you to see the potential in everyone.
LendCare Financial Services began operating in Pickering, Ontario and Montreal, Quebec and focused primarily on non-prime direct-to-customer retail loans
New credit facility of $4M
Name changed from LendCare Financial Services to LendCare Capital Inc.
Expanded portfolio to include Powersports financing
New credit facility of $50M
Wholesale securitization structure established
Increases previously established wholesale securitization structure by $65M
Establishes new and additional $70M credit facility
Increases previously established wholesale securitization facility to $100M
Receives $30M equity investment from a Chicago-based private equity firm
Establishes new credit facility by New York-based investor of $175M
Chief Financial Officer joins as leadership team member
Partnership with Bombardier Recreational Products (BRP) established
Establishes new securitization facility with a Canadian Schedule 1 bank
Director of Product Strategy and Data Analytics joins as member of leadership team
Expands existing senior credit facility to $250M
Renews and increases securitization facility with Schedule 1 bank to $50M
Head of Marketing joins as member of leadership team
Quebec office moves to larger location to accommodate rapid growth
January - Establishes new and additional $100M credit facility to supplement the existing senior facility, bringing total raised and established facilities to over $600M
July - Renews and expands one of the company's supplemental credit facilities for $75 million
November - Secures a new $85 million financing facility from a leading international financial services company
FrontLine is launched for multiple verticals. FrontLine allows merchants to complete applications in minutes and get express credit decisions right at the point of sale. Merchants can use their smartphone, computer or tablet to submit applications, upload identification and sign credit agreements all electronically, from anywhere they are.
At LendCare, we work for you to provide the best possible financing option to fit your customer’s needs. We’re here to help our partners spend less time sifting through declined credit applications, and more time getting the approvals they need to make the sale.
Our success has always stemmed from building relationships. Whether it’s building relationships that help our partners further their success or relationships that benefit and better our community – LendCare is here to help.
We continue to use our success to help support a great number of local and international causes. From sponsoring sports teams, food and toy drives, to building sustainable education centres in Cambodia – LendCare is always here to lend a hand.
Struggling to attain a proper education should not be an experience anyone has to endure. Helping to build learning centres in Cambodia was an uplifting journey that has touched the lives of many and will stick with us forever.
With recent developments to the COVID-19 mandates and the lockdown issued by the Government of Ontario and Quebec, effective Dec 26th, we wanted to let you know that we are still here to service our partners' needs.
While we are all impacted during this COVID-19 pandemic, we are maintaining a solid support system for your business needs. At LendCare, we make it our priority to ensure that we continue to provide your business and our customers with the care they deserve.
We are committed to providing you with the same level of service that you have become accustomed to, so that the financing process is as seamless as possible. We continue to operate at full capacity and would like to reassure you that we are continuing to process applications and issue payments. We are still fully capable of processing and authorizing loan agreements.
Feel free to contact us by email, phone or through our online contact form should you require any assistance. We will keep you updated on any changes that affect our business operations. If you have any questions or concerns, please reach out to us as you would normally, and we will be happy to respond to you.