ELFA - Equipment Leasing and Finance Association - Equipping Business for Success

PEAC Solutions Partners with Armada Credit Group to Extend Financing Solutions to Canada

Posted 03/29/2023

Mount Laurel, N.J., March 28, 2023 – PEAC Solutions (“PEAC”) a global leader in the vendor financing industry, and Armada Credit Group Inc. (“Armada”), a provider of equipment finance services in Canada, are excited to announce their recent partnership.

This joint venture allows PEAC to once again expand its global footprint, making it easier for vendor partners and customers in Canada to access innovative and flexible financing options, with a seamless customer experience.

Armada is known for providing equipment finance services to help businesses achieve profitable and sustainable growth. Aligned with PEAC’s customer-centric core values, this partnership promises to yield a positive future with a great impact on the commercial financing industry across North America.

Tibor Horvath, Senior Vice President of PEAC’s Construction, Transportation, and Industrial Group (CT&I) says, “It’s exciting to have Armada’s support in growing PEAC’s presence and services to our vendors and customers in Canada.” Horvath continued, “We look forward to leveraging Armada’s expertise and focus to deliver financial solutions to our customers.”

According to Bill Tsiobanos and Danny Lebovics, Armada Managing Directors, “The entire Armada team is honored and thrilled to be supporting PEAC and their customers in Canada. There is an excellent fit between our organizations, as we share similar core values regarding how we conduct business and the importance of serving our customer and vendor partner relationships.”

ABOUT PEAC SOLUTIONS:

PEAC Solutions is a multi-national asset finance platform, operating in 13 countries across Europe, the United Kingdom, and the United States. We specialize in originating and servicing high-volume, small-ticket leases and loans with a variety of end users, as well as providing innovative finance solutions to equipment manufacturers, distributors, dealers, and vendors.

ABOUT ARMADA CREDIT GROUP INC:

Armada Credit Group works with manufacturers, dealers, resellers, and other vendors to offer innovative financing solutions that make it more attractive and affordable for customers to acquire equipment, software, and services required to grow their businesses. We earned our reputation as a leader in equipment financing and vendor finance programs by focusing on deep product knowledge, operational excellence, understanding why and how customers buy, personal relationships with our business partners, and fair dealing with all stakeholders.