PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) earlier last month announced that its U.S. leasing division, MUSA Auto Finance LLC, had begun originating auto loans in Texas and Florida and will soon add California and other states’ markets. The launch provides Americans with solutions for their driving and financing needs at a time that many are hitting the road. A recent article discussed optimal timing of MUSA’s platform in a season with a preference for road trips. The publication reads, “The AAA 2020 Summer Forecast Report issued recently by the renowned auto club group predicted that Americans would take 700 million trips this summer, 97% of which would be by car due to low gasoline prices and lingering wariness of the shared confines inherent in plane travel. ‘You have that comfort of being in your own vehicle,’ Mark Jenkins, spokesman for AAA, stated in a ‘Tampa Bay Times’ report (http://nnw.fm/n1AZs). ‘You know how clean it is, and you know who you’re traveling with.’”
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About PowerBand Solutions Inc.
PowerBand Solutions, listed on the TSX Venture Exchange and the OTCQB markets, is a fintech provider disrupting the automotive industry. PowerBand’s integrated, cloud-based platform facilitates transactions among consumers, dealers, funders and manufacturers (“OEMs”). It enables them to buy, sell, trade, finance, and lease new and used, electric- and non-electric vehicles, on smartphones or any other online digital devices, from any location. Trademarked under DRIVRZ, PowerBand’s transaction platform will be available across North American and global markets. For more information, visit www.PowerBandSolutions.com.
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