PowerBand released its strategic initiatives for 2020, which will see the platform launch its consumer app in southern Ontario within the first quarter of the year, which will shortly be followed by an introduction to the southeastern US region that expands as far west as Texas.
The team at PowerBand has spent the last seven years developing a new method to facilitate the sale of autos across North America. Over that time, the firm has developed a platform that contains a multitude of functions for both consumers as well as automotive dealers, enabling all interested parties in the space to have a single location to conduct all aspects of the transaction.
The platform is set to disrupt the current antiquated methods used by consumers for the sale and purchase of autos, which involves reducing the middleman in the transaction. This has been done through the establishment of several strategic partnerships in the automotive space, that enable Powerband to offer a suite of features to consumers and dealers alike.
Through a partnership with RouteOne LLC, a current leading financial platform in the space formed by several OEM’s, PowerBand now has access to thousands of auto dealers across North America, and more than 1,500 financing sources. What this means, is the platform will enable consumers to directly access inventories of vehicles contained at dealerships to find a suitable vehicle. What’s more, is once a suitable vehicle is found, the platform is able to offer leasing and financing options to the consumer through PowerBand’s recent 60% acquisition of MUSA.
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