QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Secures Additional Financing Facilities for DRIVRZ
PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a fintech provider disrupting the automotive industry, and its U.S. leasing division, MUSA Auto Finance LLC, have secured a second agreement with a California-based credit union for U.S. consumers and automotive dealers using the PowerBand virtual transaction platform. According to the update, the financing agreement is similar to and augments the US$300 million in financing MUSA already secured on July 13th, 2020, with another U.S. national depository institution. The financing facilities are part of PowerBand's ongoing strategy to acquire multibillion consumer and dealer financing lines to support lease originations from its virtual…