Dave Baker, President of Newstart Canada, has served the subprime car market for over 30 years.

Newstart Canada, a subprime auto rent-to-own company in Canada, is looking to expand its operation.

Dave Baker, President of Newstart Canada, has served the subprime car market for over 30 years. Baker said Newstart has developed a unique rent to own program for the subprime car market. "Customers pay week to week as low as $69 for a reliable car and all maintenance and repairs are covered," said Baker. "Since the car can be returned anytime without early pay out penalty there will never any kind of negative trade in equity. Customers are treated first class in a friendly helpful setting."

For the last five years, Baker served as President and co-owner of Nelson Financial Group Ltd. in Toronto. He was able to grow the small home based business from 100 customers to over 4,500 customers with accounts receivable over $30 million. In August of this year, Baker sold out to his partner. Part of his buy out was Newstart Canada.

Newstart has three regional offices around greater Toronto, Canada with all administration, collections and accounting fully computerized. Custom software has been designed and built to handle thousands of accounts. Baker says the Canadian market place for subprime car buyers continues to completely underserved. "Newstart is well positioned for growth and welcomes proposals for equity or debt investment proposals," added Baker.