Canadian leasing firm D&D leasing will be known as DND Finance amid executive changes.

The announcement was made by D&D founder and president Bill Dost at the company’s annual charity gala.

D&D Leasing was formed in 2000 to support SMEs through the acquisition of assets. Dost said: “We realized the name no longer fit, we were so much more than just a leasing company, we had evolved into a finance house. We felt the timing and the name really fit, we’ve had an exciting year and we feel­­ the future has lots of potential.”

As well as the rebrand, the gala was used as an opportunity to announce executive changes. Tara Skewes, a long time DND team member was announced as president of Canadian operations effective January 1st, 2019. The appointment was framed as allowing Dost to continue to seek out opportunities to grow the company while ensuring that the day to day operations were not being neglected.

The fundraising gala was in support of Grief Encounter, who support children through the bereavement process.

DND Finance both a continuation and expansion

In December D&D Leasing announced it would set aside monthly income from its lease contracts and originations to contribute to a humanitarian charity. Humanitarian organisation WE supports teachers in schools in the UK and North America and targets poverty in villages across developing communities in Asia, Africa, and Latin America.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In October Leasing Life caught up with Bill Dost to find out more about the Canadian lessor’s plans for expansion – both in Europe and closer to home – following its latest wholesale funding deal with Wesleyan Bank. In August, the business had obtained a £20m (€22.5m) wholesale funding facility from Wesleyan Bank – the newly rebranded Syscap – gearing up for business among UK SMEs.