PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today announced that lease originations are successfully underway in the United States on its virtual platform that will transform how consumers buy vehicles. According to the update, MUSA Auto Finance, LLC (“MUSA”), PowerBand’s U.S. leasing division, has begun generating revenue from lease originations that are initially focused on the Texas and Florida markets. “I’m happy to report that our virtual transaction system is working as planned and completing leases and financing in the United States,” PowerBand CEO Kelly Jennings stated in the news release. “PowerBand will be offering its leasing programs in California and across the United States in the very near future.”
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About PowerBand Solutions Inc.
PowerBand Solutions Inc., listed on the TSX Venture Exchange and the OTCQB markets, is a fintech provider disrupting the automotive industry. PowerBand’s integrated, cloud-based transaction platform facilitates transactions amongst 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 smart phones or any other online digital devices, from any location. PowerBand’s transaction platform – being trademarked under DRIVRZ – is being made available across North American and global markets. For more information, visit www.PowerBandSolutions.com.
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