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AmeriTrust Financial Technologies Inc V.AMT

Alternate Symbol(s):  PWWBF

AmeriTrust Financial Technologies Inc., formerly PowerBand Solutions Inc., is a Canada-based financial technology (fintech) provider in the automotive industry. Its integrated, cloud-based transaction platform facilitates transactions amongst consumers, dealers, and funders. The Company has commercialized a Fintech automotive-based software platform that specializes in auto leasing and is the operator of Drivrz Financial, a financing marketplace enabling lenders and consumers to finance vehicles in the United States. Drivrz Financial platform offers a leasing alternative for used vehicles through its technology and lease structure. The Company’s transaction platform is being made available across the United States of America. The business units operated by the Company is Drivrz Financial Holdings LLC (DrivrzFinancial), D2D Auto Auction LLC (DrivrzXchange), and IntellaCar Solutions LLC (DrivrzLane).


TSXV:AMT - Post by User

Post by AwareInvestoron May 04, 2021 8:05am
115 Views
Post# 33121854

PowerBand Solutions Secures US$2.0 Billion In Lease Lines Fo

PowerBand Solutions Secures US$2.0 Billion In Lease Lines Fo
PowerBand Solutions this morning revealed that it has secured two additional credit facilities. The facilities, which are more specifically classified as lease lines, total US$2 billion in aggregate and are intended for the use of electric vehicle leasing.
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