A new partnership with a respected leasing company is set to better position TMG The Mortgage Group in an increasingly competitive market for national players.
“The Broker Services Group will be a dedicated and focused team providing leasing support to TMG referred business, harnessing the expertise of RESCoLease,” said TMG president Mark Kerzner in announcing the deal to create the new entity, specifically built to handle referrals from the national brokerage family. TMG has conducted leasing in the past, but “this is a new relationship we have formed to enhance our leasing program and offering.”
The move should up the alternative revenue potential for Kerzner’s agents.
“We have excellent relationships with private funding sources and funders that traditional markets are not aware of,” Broker Services Group managing partner Joe Barnes said. “If a transaction is doable, Broker Services Group will find a way to get it done.”
The Broker Services Group within RESCoLease was created solely to service the needs of the TMG leasing program in Canada, said Barnes, a 40-year veteran of the real estate, equipment leasing, insurance and financial services industries.
RESCoLease is the financing arm of RESCo Energy, whose parent company is Flynn Canada, one of Canada’s largest employers.
“RESCoLease and TMG are using this new partnership to mutual benefit,” said Kerzner, “as we pool our mortgage and leasing expertise. It was important for us to choose a partner for leasing who showed the same vision and value.”