Solution Financial Inc.
Solution Financial Inc.
Sector: Financial
Description
Solution Financial Inc. is a financial service company specialized in providing credit solutions to its clients and supporting them in buying automotive and luxury assets, including yachts, high-speed boats, and other exotic vehicles. Solution Financial was formed in 2004 according to the provisional laws of the British Columbian Business Corporation Act, Canada.
It is a public corporation listed on the Toronto Venture Stock Exchange, with its common shares trading under the ticker symbol SFI. The Richmond-based financer is involved in the designing and development of a customizable lease system that provides tailored lease solutions and financial options to its clientele.
The company, through Solution LeaseClub, offers in-house concierge solutions, benefits and privileges to the registered members. The LeaseClub membership covers the following:
• Exclusive pricing on auto body repairs and parts – the company provides fully integrated services for collision repair, cosmetic touch-ups and lease return repair.
• Access to authorized mechanic shop services, including expert repairs and roadside assistance.
• Access to authorized ICBC valet service solutions, including service guarantee, quality part assurance, alternate transportation, and third-party validated guarantee.
• Insurance services – the company provides advisory and consultancy services to help customers in selecting suitable insurance coverage.
Solution Financial improves borrowing power benefits to its customers and business partners by directing automotive loans or any such loans to the company and thereby increasing customers’ borrowing capacity for mortgages. The company works with selective automotive and marine dealers to facilitate lending services to its clientele – immigrants, international students and business owners – who cannot get approval from conventional Canada-based financial organizations.
Solution Financial Inc. has business in Canada and operates through a head office in Richmond and two other offices located in Calgary and Toronto. In May 2021, the company re-engaged Hybrid Financial Ltd., a North America-based sales and distribution company that serves the investment industry. Hybrid provides database solutions that enable the issuer to distribute vital information to registered financial professionals only.
Peers
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