Many friendships and business deals have been formed on the greens of a golf course. The upcoming joint venture between Taycor Financial and Under Par Finance is one that follows the story of a random twosome that evolved into a friendship and now a partnership.
TORONTO, ON – EL SEGUNDO, CA (September 2018) Under Par Finance Ltd. (UPF) is a Canadian based equipment leasing and financing originator that has specialized in servicing the golf industry since their inception in 2016. Today they announced a strategic partnership with Taycor Financial, which will move towards expanding access to a larger network of lenders and product offerings as well as the utilization of technology and processes to better serve their customer base.
Ryan Cooney, the founder of UPF, attributes much of his success to the game of golf. Cooney joined the PGA of Canada, and spent 12 years as a Teaching Professional for the prestigious Timberwolf Golf Club in Ottawa. During that time, Cooney won the PGA of Canada Zone Championships twice; in 1998 and again in 2002. After retiring as a professional golfer, and while a professor at Humber College, Cooney was involved in various social agencies that aimed to deliver golf programs to at-risk youth throughout Canada. Cooney went on to create UPF as a way to leverage his vast network of today’s golf industry stakeholders with the new generation of golfing patrons and members.
“We are excited to partner with the team at Taycor Financial,” said Ryan Cooney founder of Under Par Finance. “We will be in a much better position to serve the golf industry effectively and efficiently with the experienced operational team at Taycor. I believe our current and prospective clients will enjoy a more seamless experience from credit underwriting to the final funding stages. The additional financial products and technology resources will only serve to better position UPF as a full service financial solutions provider.”
“It is a true honor to announce the joint project with UPF, and the partnership with Ryan Cooney and his team,” said Michael Hong President at Taycor Financial. “We have worked closely over the last few years, and this is an incredible opportunity for Taycor to expand our footprint into Canada as well as grow our golf portfolio. Taycor plans to continue to explore further growth into the social element of making the game of golf more accessible.”
Cooney will continue to operate Under Part Finance Ltd., as a joint operational entity of Taycor Financial, as Sr. Vice President.
About Under Par Finance Ltd. (UPF)
Founded in 2016, Under Par Finance (UPF) is a social enterprise designed to help golf centric businesses in North America grow through financial solutions that were missing within traditional and existing lending channels. UPF has an underlying core mission to provide access to golf to those who wouldn’t otherwise be exposed to the game while providing full spectrum access to capital equipment financing and business lines of credit. For more information about UPF visit www.underparfinance.com or call (647) 993-3863.
About Taycor Financial
Founded in 1997, with offices in Los Angeles CA and Boston MA, Taycor Financial is a fiscally sound and economically responsible nationwide provider of equipment leasing and financing to the business community. Taycor has also joined the ranks of America’s top businesses, establishing itself as one of the premier equipment financing companies in the U.S. For more information on equipment leasing or financing, to get an Instant Quote, or explore career opportunities visit www.Taycor.com or call (310) 568-9900.