DriveItAway Holdings, Inc. Secures Credit Line for 2 Million Dollars in Financing From Industry Leader to Accelerate Growth - Seite 2

DriveItAway recently announced the national expansion of its Partnership with Partners Personnel, one of the largest and the fastest growing staffing companies in the US, to give all employees access to quality personal transportation on its micro-lease to purchase platform, regardless of down payment or credit score, solving one of the biggest problems in entry-level employment today, the lack of transportation to get to work. The resulting positive response and demand for the DriveItAway program following the announcement nationwide has been overwhelming, requiring more vehicles on the platform, and the company is now encouraging dealers to work with the company to supply vehicles.

In addition, DriveItAway announced last week that the DriveItAway SaaS micro-lease retail app and platform was available for all car dealers nationwide to use, with credit lines offered by Westlake Fleet, part of Westlake Financial, for dealers who want to scale and expand sales, market share and profits.

About DriveItAway Holdings, Inc.

DriveItAway Holdings, Inc. is the first national dealer-focused mobility platform that enables car dealers to sell more vehicles in a seamless way through eCommerce, with its exclusive “Pay as You Go” app-based subscription. DriveItAway provides a comprehensive turn-key, solutions-driven program with proprietary mobile technology and driver app, insurance coverages, and training to get dealerships up and running quickly and profitably in emerging online sales opportunities. The company is now introducing its ‘subscription to ownership’ micro lease platform to enable all consumers to drive and acquire new electric vehicles with its “EVs for Everyone” initiative.

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This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond our control, and may cause actual results to differ significantly from those expressed in any forward-looking statement. All forward-looking statements reflect our good faith beliefs, assumptions, and expectations, but they are not guarantees of future performance. We caution investors not to unduly rely on any forward-looking statements. The forward-looking statements speak only as of the date of this press release.

CONTACT: John F. Possumato
DriveItAway Holdings, Inc.
[e-mail]