Auto Finance Solutions gets $25 million funding through BizCap

By Mary-Katherine Stinson

Lexington, Ky., May 3 – Auto Finance Solutions got $25 million in financing structured and secured by BizCap, according to a press release.

Proceeds will be used to refinance existing debt, as well as to fund strategic growth plans, which include new market expansion and increasing the size of the company’s loan portfolio.

Auto Finance Solutions is a financing source for independent used car dealerships to purchase wholesale inventory throughout the United States.

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