National Energy Equipment Inc. Selects Finance Selects As Preferred Financing Provider
Canadian fintech to offer financing solutions to NEEs main manufacturers Trane and International Comfort Products
TORONTO, April 6, 2021 / CNW / – Canada’s leading provider of point-of-sale (“POS”) financing, Financeit, today announced the addition of the largest distributor of energy-related equipment in Canada, National Energy Equipment Inc. (NEE), to its growing home improvement portfolio. This announcement follows many important victories for the award-winning Canadian financial technology company.
NEE’s combined resources of 15 branches across Canada and a culture of operational excellence combine to create a $ 300 million distribution and industrial services company with a full line of world-class product lines. The partnership names Financeit as the preferred financing provider for the 400 NEE dealers and more. It includes dealer financing programs British Columbia, Ontario, and Quebec for premium HVAC supplier Trane, a global leader in creating and maintaining safe, comfortable and energy efficient environments. In addition, international retailers of comfort products Alberta, Saskatchewan, and Manitoba will be able to take advantage of Financeit’s cutting-edge technology and sales accelerator financing tools.
With growing consumer demand for sustainable products and services, dealers will also have access to Financeit’s exclusive “CleanBC Better Homes” program. Due to Financeit’s commitment to sustainability and transparency, the government of British Columbia selected Financeit in 2020 as the preferred fintech provider for the initiative. Launched in partnership with the government of British Columbia, the program offers low-interest financing options to encourage residents to incorporate energy-efficient heaters into their homes. It offers zero or low interest loans and no upfront fees to homeowners to support high performance heat pump purchases.
“At NEE, we are always looking at new ways to support our community of dealers and businesses,” says Vodarek Troy, Managing Director, HVAC Canada, National Energy Equipment Inc. “It was a unique opportunity to find the right partner to support our major HVAC suppliers globally, and our existing relationship with Financeit through the Project Loan Installer program. made it incredibly easy. The CleanBC program is an extremely important initiative for us and our partners, Trane and International Comfort Products, who also value a sustainable business approach. “
“Sustainability is one of our core values at Financeit, and we are proud to partner with a Canadian leader like NEE and to support sustainability-conscious global manufacturing leaders like Trane with their home finance and finance programs. home renovation ”, states Casper wong, COO, GM and co-founder of Financeit. “Our innovative cloud-based technology platform has proven time and time again that it is possible to easily deliver flexible, technology-based solutions – it should be simple so that businesses can focus on bringing the best in. market products to a greater number of consumers for a very demanding time. “
Financeit is an industry-leading point-of-sale finance provider serving the home improvement, vehicle and retail industries. Financeit’s innovative cloud-based technology makes it easy for merchants to increase closing rates and transaction size with affordable monthly or bi-weekly payment plans. The Financeit platform has a fast and transparent application process and has served over 9,000 merchant partners across Canada, with over $ 1 billion in assets under management. For more information on Financeit, visit www.financeit.io.
About National Energy Equipment Inc.
National Energy Equipment, Inc. is the largest distributor of energy related equipment in Canada, providing service from Vancouver Island to Newfoundland. The combined resources of 15 branches across Canada and a culture of operational excellence combine to create a $ 300 million Distribution and industrial services company with a full line of world-class product lines. With over 400 employees to meet your needs, NEE’s goal is to provide the best sales and service support in our industries, while synergizing product offerings for optimal benefit for our customers.
For more information: Alexandra Wassell, Pomp & Circumstance PR, Email: [email protected], Telephone: 416-606-5143