B2B Bank signs investment and RRSP loan program distribution agreements with Pro-financial Asset Management Inc.
TORONTO-- B2B Bank and Pro-Financial Asset Management Inc. have signed agreements for the distribution of investment and RRSP loans. Under the terms of these agreements, B2B Bank, which provides banking products to financial advisors and brokers, will offer preferred rates on investment and RRSP loans to Canadian investors who purchase eligible Pro-Financial funds through licensed financial advisors.
"We pride ourselves on providing value-add programs to our clients, Canadian fund companies such as Pro-Financial," says Susi McCord, Senior Vice President Marketing and Distribution at B2B Bank. "Our comprehensive and flexible loan programs are tailored to advisors with clients looking to increase their market exposure by borrowing to invest."
"Our goal has always been, and remains, to be the best - not the biggest - investment solutions provider in the Canadian marketplace. Over the past five years we have seen tremendous growth and demand for enhanced index products, as advisors are increasingly seeing the benefits of combining active and passive management," says Pro-Financial CEO Stuart McKinnon. "We're pleased to have established an alliance with B2B Bank in order to meet our ever growing demand of providing quality investment solutions to our clients."
The Investment and RRSP Loan Programs are now available for Pro-Financial.