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Shift expands entry to modernized marketplace-main customer resources for substantial fleets throughout Canada
TORONTO, Dec. 22, 2020 /PRNewswire/ – Revolution Cash, the foremost supplier of factoring & money- stream financing in Canada and the United States, has acquired Royal Economic Corp, specialists in transportation factoring for companies with substantial fleet operations.
The consolidation of front-experiencing sources will supply new and existing consumers of Royal Economical Corp. entry to condition-of-the-art, industry leading online account management optimized for the needs of the fast-relocating factoring marketplace and scalable to the needs of larger fleets, with home to improve. With this acquisition, Revolution Money even more extends its reach into the Canadian marketplace and bolsters its previously major place in transportation factoring across Canada.
“Joining Revolution Money is the very best way for us to continue on our dedication to greatest-in-course customer fulfillment and relieve-of-use and we’re enthusiastic about equally the route we’ll be heading in and the room for continued expansion,” reported Peter Baron, President of Royal Financial Corp.
Loren Shifirin, CEO of Revolution Money echoes the sentiment: “Royal Economical Corp. has some of the maximum consumer retention charges in the business enterprise and we’re psyched about pairing some of the ideal shopper company in the industry with the very best account administration applications in the market.”
This is a person of a sequence of the latest acquisitions by Revolution Capital and solidifies its position as a leader in the factoring market. Expansion by acquisition is pretty a great deal an integral element of Revolution’s expansion product and the acquisition of Royal Monetary Corp. is a potent addition to the company’s portfolio.
ABOUT REVOLUTION Funds
Revolution Funds is a factoring enterprise with headquarters in Woodbridge, ON and a leader in each the Canadian & U.S. factoring industries. They are suppliers of trusted, clear, and dependable lending which gives customers with money balance and alternatives for development. For extra info, pay a visit to https://revinc.com/
ABOUT ROYAL Economical CORP.
Royal Financial is a factoring firm primarily based in Harmony, ON. Considering the fact that 2013, their strong focus to buyer company has facilitated each swift progress and a client retention charge of about 98% – the industry’s greatest.
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Source Revolution Funds