TD Bank to obtain VFC

TD Bank to obtain VFC

Acquisition would expand bank’s auto lending that is indirect

TD Bank Financial Gropu and VFC Inc. Today announced they usually have entered into an agreement under which TD will offer you to obtain VFC, a number one provider of automotive purchase financing and customer installment loans.

“This purchase is just a rational expansion of our current company as being a frontrunner in dealer-based vehicle funding and a chance for all of us to boost our selection of product offerings as a result as to the dealers and their clients have actually stated they want, ” saysTim Hockey, team mind, individual banking, TD and co-chair, TD Canada Trust. Read more