MONTREAL, June 20, 2012 /CNW Telbec/ - The Caisse de dépôt et placement
du Québec announced a $5-million investment, in the form of a
subordinated loan, in Finloc 2000, a company based in
"This investment enables us to help grow this company, which has
developed deep expertise in finance, and which, through the very nature
of its services, contributes to the development of the Québec
manufacturing sector," said Normand Provost, Executive Vice-President,
Private Equity at the Caisse. "Finloc 2000 will grow its market share,
and offers bright prospects of returns for our depositors."
Finloc 2000 offers different types of financing to companies planning on
purchasing or leasing rolling equipment, including trailers, trucks,
heavy machinery and materials handling equipment. To effectively
finance its equipment, the company has a partnership agreement with
Manac, the largest Canadian manufacturer of semi-trailers.
"Through this investment, an even greater number of independent
entrepreneurs will be able to benefit from our services to purchase or
lease equipment manufactured in Québec," explained Sébastien Blouin,
Vice-President, Executive Director, Finloc 2000.
In business for 35 years, Finloc 2000 specializes in financing new and
used mobile equipment used for operational, rolling, commercial and
industrial purposes. The company works closely with Québec and Canadian
manufacturers, distributors and dealers to offer made-to-measure
financing to independent entrepreneurs with which it establishes
long-term relationships. For more information on the innovative
financing solutions offered by Finloc 2000, visit: www.finloc.ws.
ABOUT THE CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC
The Caisse de dépôt et placement du Québec is a financial institution
that manages funds primarily for public and private pension and
insurance plans. As at December 31, 2011, it held $159.0 billion in net
assets. As one of Canada's leading institutional fund managers, the
Caisse invests in major financial markets, private equity and real
estate. For more information: www.lacaisse.com.
SOURCE CAISSE DE DEPOT ET PLACEMENT DU QUEBEC
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