PWWBF - PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) to Access Extensive Lease Financing for Its Auto-Trading Platform Users
- Company subsidiary MUSA Auto Finance, LLC will enable consumers and dealers to access extensive funding facilities from national financial institutions through the platform
- The lease originations are expected to allow users to acquire virtually any vehicle from any location via a smart phone or other digital devices
- MUSA will also make PowerBand’s auto trading platform available to thousands of dealerships that work with RouteOne, LLC across Canada and the U.S.
- PowerBand Solutions’ cloud-based platform offers users transparency and complete control over the purchasing process by streamlining the interactions among all participants and eliminating unnecessary middlemen
PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) is expected to begin lease originations in June on its proprietary cloud-based platform for consumers and auto dealers. The company plans to access this extensive lease financing via subsidiary MUSA Auto Finance, LLC, which operates PowerBand’s 60 percent controlled leasing platform in the U.S., according to a company press release (http://nnw.fm/Lha50).
Developed by a team of experienced automotive, technology and finance experts, PowerBand Solutions’ platform empowers the consumer to self-direct a transaction, by streamlining the interactions among all participants and eliminating unnecessary middlemen. The platform allows consumers to sell, buy, lease, auction and finance vehicles with...
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