Red Deer, Alta. based auto finance provider Rifco Inc. has achieved a ranking in the 2014 TSX Venture 50 for the second consecutive year.
Every year, the TSX Venture 50 ranks the strongest companies on the TSX Venture Exchange by share price, trading volume, market capitalization and analyst coverage. The winning companies have seen impressive growth over the past year, offered strong return to their shareholders and are actively traded in the market.
Rifco was first named to this distinguished group in 2013 and is honoured to be named once again in 2014 for its 113 per cent appreciation in stock price and 120 per cent increase in market capitalization.
Operating through its wholly owned subsidiary Rifco National Auto Finance Corporation, the firm specializes in building long-term partnerships with dealers through its personalized approach to lending. Dedicated account representatives and a common-sense approach to lending as well as expedited funding processes are designed to provide dealers with better finance options and the ability to close more deals. Rifco’s most successful partnerships result in graduated recognition programs for its loyal dealerships.
