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Sioux City Iowa based U Drive Acceptance is raising $10,000,000.00 in Debt Financing.

Sioux City Iowa based U Drive Acceptance is raising $10,000,000.00 in Debt Financing.

February 21, 2020 Craig Etkin

Sioux City, IA – According to filings with the U.S. Securities and Exchange Commission, U Drive Acceptance is raising $10,000,000.00 in new funding. Sources indicate as part of senior management President, Brian Berkenpas played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About U Drive Acceptance

U Drive Acceptance Corp. is a subprime finance company specializing in providing financial solutions to Independent and Franchise Auto Dealers in the heart of the Midwest. Located in Sioux City, IA, UDAC believes in a ‘get it done’ philosophy in our lending approach for our dealers. For our customers, we seek to help consumers that may be credit challenged qualify for auto financing and assist in rebuilding their credit. U Drive provides an opportunity for customers that deserve a second chance at automobile financing and need sensible transportation.

To learn more about U Drive Acceptance, visit http://www.udriveac.com/

Contact:
Brian Berkenpas, President
712-258-0269
brian@udriveac.com
https://www.linkedin.com/in/brian-berkenpas-4488ab80/

SOURCE: http://www.intelligence360.io
Copyright (c) 2020 SI360 Inc. All rights reserved


Venture Capital
7720, Iowa, Sioux City, U Drive Acceptance, Venture Capital

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