Despite obstacles presented by the recent coronavirus pandemic, PowerBand is still on track to ensure extensive credit facilities will be offered on its cloud-based transaction platform from the comfort of home.
“We have enacted the necessary health protocols to keep our colleagues and families safe as we fight back against this global health crisis,” said CEO Kelly Jennings. “As a result, I want to assure you PowerBand remains on track with implementation of its strategy to allow people to buy, sell, lease and trade a car as easily as they purchase a product on Amazon or order an Uber on their smart phone.”
PowerBand is persisting with its advanced negotiations involving institutional lenders to gain extensive credit facilities. Once acquired, these will then be offered to consumers through their online devices, such as a smart phone.
Further continued plans include options for insurance and warranties during auto commerce transactions, as well as the deployment of its flagship transaction platform. PowerBand is aiming for 18,000 dealerships across the U.S. and Canada in tandem with its recent RouteOne integration.
CEO Jennings' reassures that though the virus is clearly a problem, there's no reason to believe the platform won't be business as usual.