AFG Canada announced that CUA, a full-service banking institution based in Halifax, Nova Scotia, has signed on to AFG Canada’s leasing program. The partnership with CUA further reinforces AFG’s mission to expand into new markets in Canada to meet the rising consumer demand for residual based financing, otherwise known as leasing.
AFG’s program will be available to CUA’s member base of more than 20,000 customers.
“We are excited to partner with AFG to provide this new leasing product for Nova Scotians,” CUA president and chief executive officer Marie Mullally said in a news release. “It complements our existing range of flexible banking products and services and we’re looking forward to providing members with additional competitive options when they consider a new vehicle.”
The AFG program can allow CUA to provide leasing options to their members looking to purchase new and used vehicles. The new product builds on CUA’s 70-year history of helping everyday people get ahead with flexible products, personalized service and quick decisions.
AFG manages the residual value risk and the vehicle turn-in process, making the leasing experience more convenient for members.
“We welcome CUA to the AFG Canada family and look forward to contributing to their success and exceeding their expectations with AFG’s superior customer service,” said Richard Epley, chief executive officer of AFG Canada.
To learn more about AFG Canada’s leasing program, visit www.afgcanada.ca.