ORGANIZATION

Crelogix was established in Canada in 1974 as a consumer finance company by the name of Travelers Acceptance Corporation and it focused on the growing market for providing small and medium sized businesses with indirect financing for its consumer customers desiring to acquire products and personal services.

In 1993 Travelers Acceptance Corporations’ United States based parent company sold its Canadian and the new Canadian company kept the Travelers name and brand as Travelers Financial Group. The Group was reorganized in 2004 into three separate and autonomous companies, each focused in its area of core competence. Since this time the company has continued to grow and has expanded its operation to become a nation-wide provider of indirect consumer financing solutions offered through authorized vendor sponsors and partners.

The company in 2008 increased its capital base through partnership among its existing private equity investors, a major financial institution, and the company’s senior management group.

On Novemebr 1st, 2009 the company changed its name to Crelogix.

Today Crelogix is active across Canada in the tuition, automotive aftermarket, vacation ownership, healthcare, membership, consumer durables, power products and home improvement sectors - providing businesses with its unique and innovative consumer financial solutions. Crelogix also provides financial intermediaries with consumer term finance solutions including third-party servicing, collections, ongoing management or outright acquisition of Canadian consumer instalment loan receivables portfolios.