NextCar partners with Westlake Financial for $400M debt facility
NextCar Holding Company Inc. announced Strategic partnership with debt facility with Westlake Financial on December 22, 2020.
- Primary
- NextCar Holding Company Inc.
- Counterparty
- Westlake Financial
- Amount
- $400M
- Structure
- Strategic partnership with debt facility
- Date
- December 22, 2020
- Sub-sector
- Insurtech
Westlake provides capital and loan/collections services to scale NextCar's vehicle subscription platform profitably.
Source: crowdfundinsider.com