MUSA Plans Expansion

By Staff Writer November 04, 2020

 

MUSA Auto Finance, an automotive finance and technology lender specializing in leasing, has announced plans to expand both new- and used-car leasing nationwide through a partnership with two large U.S. financial institutions working together toward securitization.

“We are excited to continue MUSA’s growth through this exclusive, and we believe, first-of-its-kind funding arrangement. We remain committed to increasing the use of what we call intelligent automation here at MUSA. In fact, our proprietary leasing and lending platform is very popular with our dealer partners nationwide,” said Jeff Morgan, CEO of MUSA Auto Finance.

“My team and I specialize in new and used auto leasing, which has consistently been the biggest growth sector of auto finance for the past several decades. Leasing performs remarkably well in any type of economy when structured properly,” Morgan said. “In addition, MUSA’s technology and platform have been enhanced to serve higher demand and market expansion, such as retail auto loans; direct-to-consumer for our lease returns; and a fully remote leasing and loan experience that can be executed beginning to end, from anywhere. Our team includes some of the best the industry has to offer, and I intend to make more exciting announcements in the weeks and months to come.”

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Last modified on Wednesday, 04 November 2020 15:52