Heavy Equipment Guide Logo

This ad will close in 15 seconds

TD Bank acquires Wells Fargo's Canadian Direct Equipment Finance business

TD Bank Group logo

The Toronto-Dominion Bank has completed the acquisition of Wells Fargo's Canadian Direct Equipment Finance business.

The transaction adds scale and capabilities to TD's existing Canadian Equipment Financing business and expands TD's presence in core markets.

"This acquisition enhances our position and competitiveness in Canada's Equipment Finance industry and will allow us to better serve a more diverse set of business customers who require customized financing services and leasing solutions," said Darren Cooke, President, TD Equipment Finance, Canadian Business Banking, TD Bank Group. "Our combined teams will bring seasoned expertise in equipment leasing and finance to deliver the strong value of tailored financing and leasing options to customers across Canada."

Company info

Related Articles

Sponsored Brought to you by: Bobcat Company Logo


As one of the latest models in the R2-Series excavator lineup, the Bobcat® E88 delivers durability, performance and quality for more productivity. Technically speaking, it's a compact machine, but it brings big performance with its redesigned engine and optimized lift performance, plus undercarriage and counterweight improvements. All these enhancements make this excavator one of the highest-performing models in its size class. With impressive over-the-side lift capacity, you can dig with greater confidence over the side of the machine. Put it to the test against similar models from other manufacturers. You'll see that the E88 can outwork the competition.

Learn more