BHI granted a $20 million credit facility to Lendbuzz for working capital and general corporate purposes. This transaction exemplifies BHI’s commitment to the Tech industry and will support Lendbuzz’s further growth. Established in 2015 and...
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June 08, 2023, 07:49 AM
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Regions Bank closed a $135 million credit facility with Lendbuzz, an AI-based fintech company that is revolutionizing the auto finance market.Lendbuzz intends to use the funds to fuel the continued growth of its dealership floor planning...
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December 16, 2022, 07:54 AM
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Wells Fargo named Cynthia Caine to head the Commercial Auto group. A 30-year financial services veteran, Caine most recently led the Diversified Industries group within Distribution Finance.“Cynthia is well-known for her strong client relationships...
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May 10, 2021, 06:00 AM
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Crystal Financial LLC announced the completion of a $45.0 million Senior Credit Facility for CARite Holdings, LLC (CARit”). Headquartered in Madison Heights, MI, the company sells and leases previously owned vehicles through their network of owned...
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January 11, 2018, 07:09 AM
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Rifco National Auto Finance Corporation, subsidiary of Rifco Inc. has extended its $100 million bank line of credit from the Wells Fargo lead banking syndicate.The facility will now be a three-year committed facility with a maturity date of Feb 17...
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February 19, 2016, 07:53 AM
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