Wednesday, July 6, 2022
12:21 PM EST – Axis Auto Finance Inc : Announced today that its wholly owned subsidiary, Pivotal Capital Corp. has secured an additional Funding Facility with Mitsubishi HC Capital Canada, Inc. Facility highlights include a Purchase facility, with capacity of up to $50 million in annual purchases, and a Warehouse facility, with a limit of $5 million. The Facility will be used to finance and purchase the payment receivables generated from commercial finance contracts. Axis Auto Finance Inc (T.AXIS) shares were down one cent at 0.48.
Stocks in Play: Axis Auto Finance Inc, Wed, 06 Jul 2022 12:27:07 EST