TORONTO, Oct. 21, 2024 /CNW/ – Financeit Canada Inc. (“Financeit” or the “Company”), a leading provider of point-of-sale financing in Canada’s home improvement, recreational vehicle, and retail sectors, is pleased to announce the addition of Goldman Sachs to its Securitization Warehouse, increasing its capacity by C$200 million to a total of C$700 million. This expanded facility, combined with the Company’s existing loan funding arrangements, provides Financeit with nearly C$2.5 billion in annual loan financing capacity, supporting the Company’s rapidly growing consumer loan receivables portfolio and meeting the increasing demand for flexible home improvement loans from Canadian consumers.

“We continue to expand our financial product offering and dealer network with annual loan originations tripling in size over the last 3 years,” said Casper Wong, Co-Founder and CEO of Financeit. “We are excited to deepen our long-standing relationship with Goldman Sachs by adding them as a key lender. This provides the additional capital needed to support our growth as we continue to scale as Canada’s largest non-bank point-of-sale financing company.”

David Yeilding, CFO of Financeit, added: “We remain committed to optimizing our capital structure, optimizing our overall cost of funds, and broadening our lender diversification. We look forward to continuing our relationship with Goldman Sachs who offers best-in-class capabilities.”

About FinanceIt Canada Inc.

FinanceIt Canada Inc. headquartered in Toronto, is a leading provider of point-of-sale financing solutions for the home improvement, recreational vehicle, and retail sectors with over C$1.7B in annual loan originations. Founded in 2011, the company offers flexible payment plans to enterprise businesses, big box retailers, OEMs, and dealer networks, supporting their projects and purchases. Everyday, more than 12,000 businesses trust Financeit to help over 640,000 customers finance their projects and purchases with an affordable monthly payment. With a team of 350+ employees and a nationwide presence, Financeit’s cloud-based technology empowers merchants to increase close rates and transaction sizes through convenient payment plans while ensuring a transparent and efficient loan application process that supports merchant partners. Financeit operates as a subsidiary of CommunityLend Holdings Inc. 
To learn more about Financeit’s financing solutions, visit www.financeit.io.

SOURCE Financeit

Enterprise LMS platforms are built to elevate learning engagement and supercharge performance for a diverse range of audiences

AUSTIN, Texas, Oct. 21, 2024 /PRNewswire-PRWeb/ — Schoox, a leading provider of learning and talent development software solutions for organizations, has been named a Top 10 Enterprise Learning Management System (LMS) by Talented Learning, a premier research resource for corporate learning leaders, for the second year in a row.

In its tenth annual celebration of excellence in learning systems, Talented Learning defines Enterprise LMS platforms as dynamic solutions tailored to the varied needs of organizations across different industries. These platforms shine in multiple areas, supporting a wide array of use cases, including:

Employee trainingCustomer educationPartner learningProfessional development

“The continued recognition from Talented Learning validates our commitment to develop an award-winning LMS platform for our customers to be successful,” shared Lefteris Ntouanoglou, founder and Chief Executive Officer of Schoox. “Our solution is designed with the learner at the heart of it all. By linking learning to talent development, we empower individuals to thrive in their roles and grow in their careers, ultimately benefiting their organizations in countless ways!”

“With more than 1,000 learning systems and tools available—and AI revolutionizing digital solutions at every turn—we’re witnessing a continuous wave of innovation from both established and emerging players,” said John Leh, CEO and Lead Analyst at Talented Learning. “That’s why we dedicate hundreds of hours each year to researching these solutions. Our mission is to help organizations streamline their technology search, focusing on learning solutions that perfectly align with their unique needs and goals.”

Visit Schoox’s website to schedule a personalized tour of its innovative learning solutions designed to engage and inspire learners. You can also experience Schoox solutions in action at DevLearn 2024, which will be held November 6–8 in Las Vegas.

About Talented Learning, LLC
Talented Learning, LLC is an independent research and consulting firm devoted to helping organizations of all sizes choose and use LMS solutions and related technologies for their unique business needs. Founded early in 2014 by eLearning industry veterans John Leh and Joelle Girton, we aim to advance awareness and adoption of learning technology that adds business value across the enterprise. In addition to providing services that help learning technology buyers and sellers succeed, we produce blogs, topical webinars, interviews with industry experts on The Talented Learning Show podcast, and a growing collection of resources in the Talented Learning Center membership community.

About Schoox
Schoox is workplace learning software with a people-first twist. People aren’t cogs, and Schoox was designed for how humans actually learn. We keep learners curious by letting you deliver more kinds of content wherever they are, from the front line to the corporate office. And by making learning easy, accessible, rewarding, and fun, we help you get everyone more excited about their career development. Learners can “up” their skills, grow on the job, and get more done—and you can measure the impact of their awesome accomplishments Schoox powers people-focused learning experiences for organizations around the world, including Subway, KIOTI Tractor, Sport Clips Haircuts, Phillips 66, and Sonesta Hotels. Learn more at schoox.com.

Media Contact

Michelle Sullivan, Schoox, 1.703.283.9272, m.sullivan@schoox.com, https://www.schoox.com/

View original content to download multimedia:https://www.prweb.com/releases/schoox-recognized-as-a-top-10-enterprise-lms-in-the-2024-talented-learning-lms-awards-302281968.html

SOURCE Schoox

LKD Aerospace has entered into a distribution agreement with AccuBeat, a leader in Time and Frequency products using Rubidium Atomic Clocks, enhancing its offerings in the Position, Navigation, and Timing (PNT) market. With over 30 years of experience, AccuBeat provides precision timing solutions vital for sectors like telecommunications and defense.

SNOQUALMIE, Wash., Oct. 21, 2024 /PRNewswire-PRWeb/ — LKD Aerospace announced a new Distribution agreement with AccuBeat, a manufacturer of Time and Frequency products and solutions using Rubidium Atomic Clocks. Accubeat’s products are a key addition to LKD’s product line, now fully servicing Position, Navigation, and Timing (PNT) market requirements.

AccuBeat has been providing solutions for precision timing, frequency, and synchronization to a wide variety of customers for over 30 years. With a complete range of products from Rubidium Atomic Clocks to fully customized solutions, AccuBeat’s products are integrated into commercial and industrial sectors, telecommunications, and research laboratories, in numerous defense applications worldwide. With patented solutions that will protect critical infrastructures from GNSS spoofing attacks to Ultra Stable Oscillators (USO) for deep space exploration, AccuBeat has a wide offering of proven products.

“We are excited to add AccuBeat’s advanced technology products to our Global Distribution Network. These products are trusted for critical applications in Defense, Space, Aerospace, and Infrastructure. The need for precision timing has never been more evident due to the increasing challenges of GPS spoofing and jamming. AccuBeat’s pedigree of proven performance, including within current conflict zones, will be well received by our customers,” said Mark Chamberlain, CEO of LKD Aerospace. “Accubeat’s precision timing products are synergistic with our other distribution product lines and our existing global customer base in both Defense and Aerospace market segments. Our global customers leverage LKD’s unique technical sales knowledge, global service capabilities, comprehensive turn-key export licensing services for both ITAR and Commerce products as well as our advanced and secure information technology infrastructure.”

LKD Aerospace has serviced the defense and aerospace community for more than 40 years. LKD Aerospace distributes specialized factory new aerospace and defense components, subsystems, and systems to one thousand global customers including Tier 1-3 OEMs, government agencies, research and development, transportation, and industrial customers. LKD Aerospace also offers light manufacturing services, PMA, and MRO services. LKD’s Quality Management System (QMS) is certified to AS9100D. The company employs a comprehensive information technology infrastructure including ERP and other advanced network capabilities and is striving for Cybersecurity Maturity Model Certification (CMMC) in early 2025.

“AccuBeat is very pleased and happy to find a well-established and important distribution partner like LKD Aerospace – a leader in high-technology distribution sales, and product support,” said Ernesto Pesochinsky, International Sales and Marketing Director at AccuBeat Ltd. “AccuBeat’s products are used and trusted worldwide and LKD Aerospace, a trusted global distributor, will help develop new sales opportunities for our widely proven product line.”

About LKD Aerospace: LKD Aerospace’s mission is to help OEMs and customers successfully connect, and expand these possibilities through technical product sales experience, aggressive promotion, and over 40 years of experience in forging connections both throughout the US and across the world.

Media Contact

Aristotle Bartolome, LKD Aerospace, (425) 396-0829, aribartolome@lkdaero.com, www.lkdaerospace.com

View original content to download multimedia:https://www.prweb.com/releases/lkd-aerospace-announces-strategic-partnership-with-accubeat-302282082.html

SOURCE LKD Aerospace