KELOWNA, BC, Aug. 15, 2018 /CNW/ - Refresh Financial CEO Michael Wendland has been appointed Chair of the Canadian Lenders Association Advocacy & Regulatory Committee, working alongside governments and trade associations to propose ongoing legal and regulatory enhancements to drive transparency, education and empowerment of borrowers.
"I am honored to have been asked to help lead this important committee. Together we advocate for a balanced regulatory framework that meets the needs of borrowers, and provides stable, strong, and consistent environments for businesses of all sizes to successfully operate in Canada. The CLA has been an important partnership for Refresh, and provides a great avenue for national input and influence. I look forward to helping facilitate a unified voice and approach to important Government regulatory discussions that will have a direct impact on our members," says Michael Wendland, CEO of Refresh Financial.
Wendland has led Refresh Financial's rapid growth since its inception in 2013, including a recent ranking of number 40 on Deloitte's Technology Fast 500, a listing of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America.
"Michael brings a wealth of experience to the committee. Over the past year, the Advocacy and Regulatory Committee has grown in its scope and responsibility, recently publishing principles that underscore our commitment to transparency and an open marketplace - one which encourages innovation," says Gary Schwartz, President of the Canadian Lenders Association.
The Canadian Lenders Association represents 50-member companies who are on the forefront of innovation in Canadian lending. Partner companies support an open market that encourages creative lending opportunities, leveraging technology and healthy competition to advance the needs of borrowers and the products that are made available for 21st century needs.
Refresh Financial Inc.www.refreshfinancial.ca is a Canadian owned and operated fintech, based in Kelowna, BC. Since inception, the company has helped more than 65,000 clients from coast-to-coast build and re-establish positive credit history by using low-risk tools including its home grown secured credit card and cash secured savings loan offerings. With over 800 referral partner locations and a complimentary online financial intelligence training program, Refresh F.I.T., Canadians can now access tools to help them achieve and sustain long term financial success.
Canadian Lenders Associationwww.canadianlenders.org The CLA supports the growth of companies in the Canadian market that are in the business of lending, or providing other means of credit, to small businesses and individuals by non-conventional or innovative means to exchange ideas and explore ways of improving the sector; encourage principled and professional practices by innovative lenders; educate the public at large about innovative lending; encourage individual potential borrowers to be informed about the appropriateness of innovative lending to the borrowers' circumstance; and to advocate on behalf of, and represent the interests of innovative lenders.
SOURCE Refresh Financial
For further information: Refresh Financial Inc., Mike Penninga, Public Relations, 230-1628 Dickson Ave, Kelowna, BC V1Y 9X1, 250.718.4436, [email protected]; Canadian Lenders Association, Gary Schwartz, President, Toronto, Ontario, 416.505.7410, [email protected]