Lendbuzz Partners with RBC and Expands Warehouse Facility by $125 Million

BOSTON--(BUSINESS WIRE)--Lendbuzz, the AI-based fintech company that is transforming the automotive finance market, announced that it closed a $125 million credit facility with Royal Bank of Canada. The additional warehouse capacity will support continued loan origination growth. The expansion increases the company’s capacity and ability to grow the number of borrowers its proprietary, AI based auto finance platform serves. The platform enables Lendbuzz to quickly and accurately assess the cred