Iceberg Finance and autologiQ have entered an exclusive partnership, in which Iceberg Finance will be the sole financing partner for autologiQ’s Easy Monthly Payment (EMP) repair finance solution.
Both companies see this as a win-win, as Canadian consumers will benefit from accessible payment options geared towards their automotive needs. The move also helps Iceberg Finance in its goal to solidify its leadership role in the financial services industry.
For AutologiQ, it allows their digital platform and virtual vehicle management service to connect consumers with a huge network of professional automotive service facilities. Specifically, it connects them with a team of virtual service advisors along with an iQ Network that features major brands like Midas, Trail Tire, and Tirecraft.
Jeffrey Newhouse, Chairman and CEO of autologiQ, said the partnership represents an opportunity for both companies to leverage their strengths and continue their “rapid growth across the country.”
“We are excited to partner with Iceberg Finance as our exclusive financing provider,” said Newhouse in a statement. “Their deep knowledge of the automotive industry and commitment to innovation aligns perfectly with our mission to make professional automotive services more accessible to Canadians.”
For William Breton, COO of Iceberg Finance, the collaboration between the two companies aligns well with their vision to expand into other (diverse) verticals and product offerings. “We are convinced this new partnership will be beneficial for both Iceberg Finance and autologiQ,” said Breton in a statement.
