PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt:
1ZVA) this morning announced that MUSA Auto Finance, LLC (“MUSA”), its
60% controlled leasing platform in the United States, is expected to commence
lease originations on its proprietary cloud-based platform for consumers and
auto dealers in June. MUSA will enable consumers and dealers to access
extensive funding facilities from national financial institutions through the
platform, which is accessible on smart phones and other digital devices. In
addition, the company has agreed to make PowerBand’s virtual transaction
platform, which includes MUSA, available to thousands of dealerships working
with RouteOne LLC in the United States and Canada. RouteOne offers a broad range
of finance and insurance tools, including credit applications, eContracting,
digital retail and compliance. “This is a major advancement for MUSA and
PowerBand,” MUSA Auto Finance CEO Jeff Morgan stated in the news release. “We
have a proprietary auto lease platform that we believe is the first of its
kind, and now we are finalizing exclusive agreements, with national financial
institutions, so we can roll out our technology to dealers and consumers
nationally.”
To view the full press release, visit http://ibn.fm/mwt3t
About PowerBand Solutions Inc.
PowerBand Solutions, listed on the TSX Venture Exchange and
the OTCQB markets, is a fintech provider disrupting the automotive industry.
PowerBand’s integrated, cloud-based transaction platform facilitates
transactions among consumers, dealers, funders and manufacturers (“OEMs”). The
platform enables these entities to buy, sell, trade, finance and lease new and
used, electric and nonelectric vehicles on smartphones or other online digital
devices from any location. PowerBand’s transaction platform —trademarked under
DRIVRZ — is being made available across North American and global markets. For
more information, visit www.PowerBandSolutions.com.
NOTE TO INVESTORS: The latest news and updates
relating to PWWBF are available in the company’s newsroom at http://ibn.fm/PWWBF
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide
a rapid summary of corporate news that catch the attention of QualityStocks.
QualityStocksBreaks are designed to keep investors up to date on important and
breaking news in the small-cap and micro-cap markets. Spanning all industries,
including energy, entertainment, telecommunications, healthcare, retail and
more, these news breaks deliver opportunities the investment community may have
missed. Whether it is earnings results, mergers and acquisitions, or any other
market-moving news, our news breaks keep you in the know. QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment