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...
Read Story
June 08, 2023, 07:49 AM
|
Lendbuzz closed a $125 million credit facility with Royal Bank of Canada. The additional warehouse capacity will support continued loan origination growth.The expansion increases the company’s capacity and ability to grow the number of borrowers its...
Read Story
May 11, 2023, 07:54 AM
|
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...
Read Story
December 16, 2022, 07:54 AM
|
Lendbuzz, a fintech company that is disrupting the car financing market using AI and machine learning algorithms, closed a $150 million credit facility with J.P. Morgan.This is the second credit facility between the investment bank and the financial...
Read Story
November 03, 2022, 07:55 AM
|