Travelers Financial Corporation Expands Equipment Leasing and Loans to Canadian Companies

    VANCOUVER, Aug. 20 /CNW/ - Travelers Financial Corporation today
announced that it has opened an Ontario based office to better serve its
expanding business in Central Canada. With head office in Vancouver and branch
operations now in Calgary, Edmonton, Saskatoon, Winnipeg and Mississauga,
Travelers has responded to increased demand by Canadian business for prime and
nonprime finance and lease solutions for a wide range of assets. Travelers
serves commercial and industrial sectors including transportation, mining, gas
and oil, manufacturing, agriculture, construction, as well as public sector
infrastructure. While other financial institutions have withdrawn or clawed
back from the Canadian market, Travelers continues to enjoy sound
capitalization and demand for its financial offerings.
    Roberto Cortese, Travelers Financial Corporation Chief Operating Officer,
said, "The need for structured leasing solutions for Canadian small and medium
sized businesses is growing under the pressure of contracting markets and
shrinking financial options. Travelers access to capital, informed management,
and seasoned team of professional lease advisors throughout Western Canada and
Ontario continues to position Travelers as a well respected source of funding
for all types of Canadian businesses."

    Travelers Financial Corporation is the largest independently owned
equipment leasing company in Western Canada. Recently it was recognized as one
of the Top 100 Private Companies in 2008 by Business in Vancouver. For more
information about Travelers Financial Corporation visit

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