Tuesday, 4 September 2012

Carfinco Listed As A Top Grossing Alberta Company

Shares outstanding: 24.65 million
Shares fully diluted: 24.65 million

Carfinco continues to drive strong growth and today the company announced that it has not only had record loan originations over the summer, but that it has also made the Alberta Venture Top 250 list. This places them amongst some of the country's biggest names in profit.

Carfinco has been constantly increasing its loan originations and setting new records month after month. In July, Carfinco had record loan originations of $13.0 million. Then in August, the company recorded $14.2 million in new loans. With September still to go, Q3 already has $27.2 million in loans under its belt. The second quarter of this year was a record for the company with $36.8 million.

In the same release today, Carfinco also announced that it was named one of Alberta's highest grossing companies in the Alberta Venture 250. Carfinco placed 216th of the 250 with revenue in 2011 hitting $59,583,000.

The entire list can be read by clicking here...
Today's news release can be viewed here...