FIX4 Capital, which specializes in affordable and quick vehicle repair financing, joined the Canadian Lenders Association (CLA), a national non-profit organization, to help provide consumers with greater access to affordable financing solutions.
CLA represents more than 130 FinTech companies in the business of lending to small businesses and individuals.
“We’re delighted to join forces with CLA and its growing roster of members to advocate for products, solutions and technologies that help consumers find the loan that is right for them—in an open and accountable manner,” said Tave Della Porta, Co-founder and CEO of FIX4 Capital.
Della Porta said the CLA aligns closely with the company’s values around transparency and affordability, and that FIX4 Capital is ultimately focused on reaching new customers. The company also plans to prioritize fair practices within its industry, and launched an assessment on how it will best contribute to this cause and the association.
“We are very excited to welcome FIX4 into the CLA,” said Gary Schwartz, President of the CLA. “We plan to work closely with Tave and his team in order to foster innovative lending solutioning and ethical and transparent lending practices that service merchants and consumers nationally.”
The move is meant to reflect a commitment by both parties around ensuring Canadians have equal access to affordable and flexible financing solutions, and “are not forced into unsustainable payday lending options,” said FIX4.
