By Adriano Marchese
Axis Auto Finance Inc. stated Tuesday that it has expanded its credit score facility by 20% to 120 million Canadian {dollars}, the equal of round US$97 million.
The Canadian fintech lender specializing in automobile financing choices stated it additionally has lowered the borrowing prices to prime fee plus 190 foundation factors, from the earlier prime plus 2.25%.
Moreover, it has elevated the utmost advance fee to 77% from 76%.
Write to Adriano Marchese at adriano.marchese@wsj.com
