THE ATLANTA JOURNAL-CONSTITUTION NAMES NORTHPOINT COMMERCIAL FINANCE A WINNER OF THE ATLANTA METRO AREA 2017 TOP WORKPLACES AWARD

ALPHARETTA, GEORGIA, June 22, 2017 – Northpoint Commercial Finance has been awarded a 2017 Top Workplaces honor by The Atlanta Journal-Constitution. The Top Workplaces lists are based solely on the results of an employee feedback survey administered by WorkplaceDynamics, LLC.  Several aspects of workplace culture were measured, including alignment, execution, and connection, just to name a few.

 

“The Top Workplaces award is not a popularity contest. And oftentimes, people assume it’s all about fancy perks and benefits,” says Doug Claffey, CEO of WorkplaceDynamics. “But to be a Top Workplace, organizations must meet our strict standards for organizational health. And who better to ask about work life than the people who live the culture every day—the employees. Time and time again, our research has proven that what’s most important to them is a strong belief in where the organization is headed, how it’s going to get there, and the feeling that everyone is in it together. Claffey adds, “Without this sense of connection, an organization doesn’t have a shot at being named a Top Workplace.”

 

With offices throughout North America, Northpoint Commercial Finance cultivates partnerships and provides unique, flexible, and customized solutions to original equipment manufacturers, distributors, resellers, and dealers. Jeff Olander, Vice President of National Accounts, who manages much of the field sales team, states, “Northpoint makes a difference in these industries because we have a team that is dedicated and believes in the work we are doing. We collaborate to make sure that our customers know we value their needs, and in doing so our team sees first-hand the impact they are making on our client’s businesses.  With over 25 years of experience in this industry, we strive to continue to build these unified connections.”

 

About Northpoint Commercial Finance

Northpoint Commercial Finance is a diversified financial solutions provider offering inventory lending and floorplan financing in a variety of consumer and commercial products industries.  Headquartered in Alpharetta, Georgia, Northpoint delivers a unique, flexible, and customized approach to floorplan finance, combined with innovative technologies and streamlined processes. Dealers and manufacturers, large or small, benefit from their creative, accommodating, and pioneering programs. More information about Northpoint Commercial Finance is available at www.northpointcf.com.

 

About WorkplaceDynamics, LLC

Headquartered in Exton, PA, WorkplaceDynamics specializes in employee feedback surveys and workplace improvement. This year alone, more than two million employees in over 6,000 organizations will participate in the Top Workplaces™ campaign—a program it conducts in partnership with more than 40 prestigious media partners across the United States. Workplace Dynamics also provides consulting services to improve employee engagement and organizational health. WorkplaceDynamics is a founding B Corporation member, a coalition of organizations that are leading a global movement to redefine success in business by offering a positive vision of a better way to do business.

Northpoint Commercial Finance Gains Strength from LBC Capital Acquisition

Following five consecutive years of robust growth and the development of an impressive customer base throughout North America, Northpoint Commercial Finance has recently announced that they are to be acquired by LBC Capital, a subsidiary of Laurentian Bank of Canada. The transaction is expected to close before the end of 2017 fiscal year, subject to customary closing conditions, including applicable regulatory notifications and approvals.

 

From a start-up finance company to an established entity, Northpoint has continued to innovate, bring on knowledgeable people, and form strategic partnerships throughout the industry, including this latest exciting endeavor. As this next phase begins for Northpoint, it is expected that the partnership with LBC Capital will only strengthen Northpoint’s offerings and ensure that they remain a long-term and powerful force in the market. The businesses of Northpoint and LBC Capital complement each other very well.

 

Jeff Collins, Executive Vice President of Operations, states, “Our acquisition by LBC Capital is a natural and anticipated part of our evolution as an organization. We were founded in 2012 via private equity, and experienced significant growth over the last five years requiring access to highly reliable capital.  Laurentian Bank, in business for over 170 years, is expected to provide us the stability needed to continue our expansion.”

 

A unique culture has been created by the Northpoint management team. Delivering customized financial solutions that work for their clients and maintaining long-term partnerships within the industries they serve is the cornerstone of their success and will remain the same in the future. Dan Radley, President and CEO of Northpoint, says, “We’re eager to work with the entrepreneurial team at LBC Capital, who we align very well with culturally.  They are truly excited about our business and committed to the continuation of our value proposition, which includes a passion for customers, speed in execution, and a highly personalized approach to lending.”

 

The distinguishing features that have led to the success of Northpoint will remain and be strengthened following the closing of the transaction with LBC Capital. These features include not only methods in which business is conducted, but their unmatched customer service, quick credit turn time, and focus on building mutually beneficial relationships with manufacturers, distributors, and dealers throughout the industries they serve.  In addition, Northpoint will continue under the ‘Northpoint Commercial Finance,’ brand and all members of the Northpoint management team and personnel are poised to continue to serve the same customers they have in the past.

 

About Northpoint Commercial Finance

Northpoint Commercial Finance, with offices in Alpharetta, GA, and Burlington, ON, combines experience with advanced technologies, fresh ideas, streamlined processes, and a customer focus formed specifically for the varied needs and goals of each business. Northpoint’s inventory finance offerings drive sales, enhance cash flow, and improve profitability for both manufacturer and dealers. More information about Northpoint and their offerings is available at www.northpointcf.com.