HyreCar closes $100M revolving warehouse line
AmeriDrive will use the credit line to add 6K-7K vehicles to the car-sharing platform
Car-sharing service HyreCar has closed a $100 million revolving asset-backed warehouse facility with Credit Suisse in the first step of a broader white-label financing solution that will allow its fleet operators the necessary capital to source additional inventory. HyreCar’s largest fleet operator, AmeriDrive Holdings, will use the facility to purchase an additional 6,000 to 7,000 […]
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