Carite Completes Credit Facility Featured
10 January 2018
Crystal Financial LLC announced the completion of a $45 million senior credit facility for Carite Holdings LLC. Headquartered in Madison Heights, Mich., the company sells and leases previously owned vehicles through its network of owned and partnered Carite locations. Through Brite Financial Services, they provide access to lease financing options for consumers with limited or poor credit history.Proceeds from this facility will be used to refinance existing debt and to fund lease portfolio growth.