What is Fusion Auto Finance?
Fusion Auto Finance specializes in providing credit union auto leasing solutions, distinguished by its guarantee of 100% residual value and comprehensive lease-end management. The company's CU Xpress Lease program is engineered to maximize return on investment and enhance customer loyalty for credit unions. Leveraging over four decades of experience in managing substantial automotive leasing portfolios, Fusion Auto Finance effectively mitigates risks inherent in the automotive leasing market and oversees all operational facets of the leasing lifecycle. Credit unions engage Fusion for its deep expertise and robust support, which facilitates considerable growth in their loan volumes.
How much funding has Fusion Auto Finance raised?
Fusion Auto Finance has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Fusion Auto Finance
PPP
Public-Private Partnership
What's next for Fusion Auto Finance?
The recent major strategic investment signals a phase of accelerated growth and potential expansion for Fusion Auto Finance. This capital infusion is likely to be directed towards enhancing its technological infrastructure, broadening its service offerings, and potentially increasing its market reach within the credit union ecosystem. The company's focus on risk mitigation and guaranteed residual values positions it favorably to capitalize on evolving automotive market dynamics and further solidify its partnerships with financial institutions seeking reliable and profitable leasing programs.
See full Fusion Auto Finance company page
