Woodbine Leasing joins Palladini, AutoOne and Landmark Leasing

Corpfinance International Limited further expands auto leasing division

TORONTO, Sept. 29, 2011 /CNW/ - Kevin Andrews, President and CEO of Corpfinance International Limited today announced that CFI  has expanded its auto leasing operations with the addition of Woodbine Leasing to its auto leasing division.  "In partnering with Woodbine Leasing and its founder, Robert Positano, CFI has further enhanced its leasing operations, portfolio and depth of leasing expertise" said Kevin Andrews.  "Woodbine and Robert have been a strong and respected presence in the auto leasing sector in the Toronto area for many years and we are delighted to bring them into the CFI Leasing Group."

"Bringing the Woodbine portfolio together with the Landmark and Palladini fleets in Ontario and AutoOne in British Columbia provides benefits for all the companies" said Robert Positano.  "Together we are a stronger force in the marketplace and our increased scale and efficiencies ensure we are providing improved choice and selection for all our customers."

Since January 2011, CFI has integrated the operations of five leasing companies with the venture now managing over 5,000 leases.  During this time the company consolidated the businesses into two new locations, in Toronto just off Highway 400, and in Vancouver on South Cambie Street.  Both locations offer newly renovated indoor showrooms, and a wide selection of off lease vehicles.  With the addition of Woodbine, CFI has now added a third location. Woodbine is located at 25 Vice Regent Blvd in Etobicoke right across the road from the Woodbine Racetrack and Casino. This location offers a fully integrated 18 bay Mechanical Facility along with an accredited Body Shop.

"The ability to properly retail and release our off lease vehicles provides a significant profit centre versus wholesaling the vehicles at auction, as was the norm previously" said Rozmin Patel, Senior Vice President at CFI.  "Our approach is allowing CFI to efficiently overcome the challenges of the current tight used car market where it can be very difficult to acquire good quality used vehicles."

About CFI Group: With over 25 years of experience and having completed $6 billion of transactions, CFI Group, through Corpfinance International Limited, CFI Capital, CFI Trust and CLI, (CFI's auto leasing division), are specialists in providing customized medium and long-term debt and equity financing solutions for private and public corporations.  The Company is based in Toronto, Ontario with offices in Quebec and British Columbia.

CFI Group offers debt through Corpfinance International, equity capital solutions through its subsidiary CFI Capital, which manages the CFI Infrastructure Opportunities Fund, and securitization solutions through CFI Trust.  CFI Trust is a special purpose vehicle and issues notes backed by the Trust's revolving portfolio of leases and secured loans related almost exclusively to passenger vehicles. www.corpfinance.ca

SOURCE Corpfinance International Limited

For further information:

Kevin Andrews
President and CEO
CFI Group

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Corpfinance International Limited

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