What We Do
We are a commercial vehicle and equipment leasing company, providing business solutions for new and established businesses across Canada. We are "Focused on Solutions®". We strive to provide our strategic partners with competitive, unique and innovative equipment financing products and services to assist their customers to finance their growth and their dreams. We are proud to be one of Canada's only broker-based equipment and vehicle leasing companies.
We asked our team members to express our company goals in their own words. Here's what they said:
How We Do Business
Meet the Leadership Team
Chief Executive Officer
Larry is CEO and founder of Bennington Financial Corp., having started Equirex Leasing Corp. in 1996. In 2011, Larry purchased Bodkin Capital, a privately owned and established commercial equipment and vehicle leasing company. With this purchase, he formed Bennington Financial Services Corp., under which the Equirex and Bodkin brands would reside. By 2018, with Larry's vision, drive, and guidance, Bennington Financial Services Corp. had become the largest independent commercial equipment and transportation leasing company in Canada, specializing in the alt “A” credit segments.
In 2019, Bennington was purchased by Equitable Bank and became a wholly owned subsidiary of the Bank. The company was renamed Bennington Financial Corp.
Larry has over 50 years of business experience in multiple senior executive positions throughout Canada.
Larry graduated with a Bachelor of Commerce degree, majoring in Accounting and Operations Research from McGill University in 1968. He earned his Master’s in Business Administration, graduating with high distinction, majoring in Marketing and Operations Research, from the University of Michigan in 1972.
President & Chief Operating Officer
Troy is President and COO at Bennington. He joined Bennington in 2016 as the President and COO for Equirex Leasing Corp. In 2018, Troy was promoted to the position of President and COO for both Equirex and Bodkin. Prior to joining Bennington, Troy held the position of President at Element Fleet Financial. Troy has over 22 years of executive and senior management experience with other leading Canadian leasing and financial institutions. Troy holds a BBA with a concentration in Finance and Marketing from the University of New Brunswick.
Chief Financial Officer
Joe is Bennington’s Chief Financial Officer. He joined the company in 2020 with over 25 years of Finance and Accounting experience in the financial services industry. Prior to joining Bennington, Joe was the Director, Finance Projects and Internal Controls for Bennington’s parent company, Equitable Bank. He joined Equitable Bank in 2017 after having held several Finance positions at CIBC including Director, HR Financial Governance and Controller of CIBC Investor Services Inc. Joe holds an MBA from Wilfred Laurier University and is a CPA, CMA.
Vice President, Operations
Amanda is Bennington’s Vice President, Operations, responsible for the Funding, Contract Modifications, Quality Assurance, Customer Service and Insurance Departments. She started her career in 1989 at Pitney Bowes Leasing, moving to CITI Capital in 2003 before joining Bodkin Leasing in 2006. This experience combined with her time at Bennington adds up to over 30 years of leasing industry experience.
Vice President, Legal & General Counsel
Shahan is Bennington’s Vice President, Legal and General Counsel. Shahan joined the company in 2012 as Legal Counsel and has practiced law for over 10 years. Prior to joining Bennington, Shahan worked for different law firms in the Greater Toronto Area. Shahan obtained his B.A. (Hons) from the University of Toronto, graduating with high distinction and earning his J.D., from the University of Toronto.
Vice President, Credit
Sergio is Bennington’s Vice President, Credit. Sergio joined the company in 2009 as a Credit Analyst, moving into various Credit management roles over the years, including Director, Credit for Equirex Leasing Corp. In 2019, Sergio was promoted to Vice President, Credit for all Bennington brands. Prior to joining Bennington, Sergio worked for RBC from 1995 to 2001 and for Wells Fargo Auto Finance as a Lending Manager from 2004 to 2009. Sergio holds a B.A. from the University of Toronto and an M.S. Ed. from Daemen College.
Vice President, Business Development
Raja is Vice President, Business Development at Bennington. He joined Bodkin Leasing in 2003 as Senior Vice President, Corporate Development. Prior to joining Bodkin, Raja was Vice President, Financial Services at Pitney Bowes Credit Corporation and has also held senior leadership roles at Tilco Party Time/Tilco International, Paccar Finance Service Ltd. and Carlson Marketing Group Ltd., where he started his career. Raja attended Humber College as well as Ryerson University and the University of Toronto with a concentration in Accounting and Auditing and holds the designation CPA, CGA.
Director, Human Resources
Katie is Bennington’s Director of Human Resources. She joined the company in 2008 as a Customer Service and Credit Coordinator for Equirex Leasing Corp. In 2010, Katie started the Equirex Human Resources department and with the purchase of Bodkin Leasing Corp. in 2011, the Bennington Human Resources Department was formed. Katie has over 10 years of experience as a Human Resources Professional, holds a B.A. (Hons) from Brock University, a post-graduate diploma in Human Resources Management and has also earned her designations as a CHRP, CHRL.
Vice President, Technology
Dave is Bennington’s Vice President, Technology. Dave joined Bennington in 2018 as the Director of Information Technology and has over 17 years of IT management experience. Prior to joining Bennington, he held a variety of positions including IT Director at InvestorCOM, IT Manager at BIOX and worked as a Software Developer for the City of Hamilton where he started his career. Dave holds both a Diploma in Computer Science Technology from Mohawk College and a Bachelor of Technology Degree from McMaster University. Dave is currently pursuing his MBA from the DeGroote School of Business.