Michael Imrie Email & Phone Number

Licensed real estate agent contracting to Royal Lepage, a Canadian owned real estatecompany. Serving the greater Toronto area in both residential and commercial marketswww.mihomes.ca

Principle ShareholderNewQuest is an independent financial services intermediary that originates asset-basedfinancings by way of secured loans, leases and conditional sales contracts. Industries andasset classes that are primarily serviced and focused on include construction, materialhandling, transportation, printing and manufacturing. As a niche participant, NewQuestassists small businesses to acquire equipment required to operate and expand theiroperations. It is also essential to work with various funders to ensure specific asset typesand concentrations are within their mandate.NewQuest is currently inactive.

Responsible for the North American originations and operations of the largest vendorfinance division generating over $5 billion in retail and inventory finance volume with astaff of over 400 managing the portfolio.Accomplishments - Built and managed an operating division taking Newcourt to it's IPO in 1994 - Successfully integrated numerous acquisitions - Established one of North America's more highly recognized and regarded finance company units - Originally built a business from it's inception in 1993 from a $125 million business to over $5 billion - Established North American offices in eight strategic cities making Indianapolis the division's head office - Created and managed strategic alliances through creative joint venture partnerships

Primary focus was to develop and launch this captive finance company into a new industry to the company. Successfully obtained operating agreements with various manufacturers and distributors in the construction, material handling and transportation industries. Accomplishments - Developed a diverse vendor base outside of Pitney Bowes' traditionally recognized markets - Built an experienced sales team across Canada - Generated retail and inventory finance volumes equal to Pitney Bowes' internal product financing. - Assisted in the sale of the external finance division to Newcourt Credit Group in 1993

Responsibilities within this equipment captive finance company was to develop, originateand maintain all distributor retail and inventory financings in Canada. Close, frequentplanning and coordination with the parent manufacturer was essential to ensuring aquality dealer network.Accomplishments - Managed a team originating volume and managing territories with over 100 dealers - Developed and maintained dealer loyalty increasing retail penetration to over 90% of captive product and exceeding 60% of non-captive equipment financings - Lead transition manager during Chase Manhattan Bank's acquisition of Clark Equipment Credit