The Mint Leasing, Inc. (MLES.OB) Secures $10 Million Bank Credit Facility
The Mint Leasing, Inc., a provider of innovative leasing services to customers of franchised automobile dealers throughout the United States, announced earlier today that it has entered into an agreement with Moody National Bank for a $10 million credit facility to be used for the expansion of its vehicle leasing business. "We are very pleased to announce this banking relationship with Moody National Bank, which illustrates the bank's confidence in our unique vehicle leasing business model," stated Jerry Parish, Chief Executive Officer of The Mint Leasing, Inc. "We have enjoyed an excellent relationship with Moody Bank for several years and…