Car-Capital, an online car leasing services company, announced that it had raised over $150 million from a leading global investment firm – Fortress Investment Group. The capital will expand the business and allow them to finance more clients in purchasing their desired cars. Car-Capital is an online company based in New York that takes care of all aspects of buying and leasing cars.
They work with the best dealerships to give their clients the best offers on their desired vehicles. The financing usually includes insurance, taxes, license fees and registration costs, and other additional expenses needed to purchase or lease a car.
Following the investment from Fortress Investment Group, Car-Capital will use this money to finance more clients in purchasing their desired cars online. With this new capital, they can now approve millions of dollars in purchases and leases, which helps the company grow and benefits their clients who are looking for a great deal when it comes to buying a car.
Since its founding in 2005, Car-Capital has been committed to making the car buying a hassle-free process for customers from New York to other parts of the world. They offer various vehicles from different manufacturers worldwide, which clients can choose from according to their preferences. Car-Capital ensures that they have a diverse inventory so clients can choose from various brands and models. They also offer short-term and long-term leases depending on the client’s preference.
They work with reliable dealerships in buying and leasing cars to ensure that their customers are getting nothing but the best service possible every time they purchase or lease a vehicle. Apart from that, clients can also get their desired car at the best price, which is much lower when compared to other dealerships. Their buying and leasing process is divided into four stages – pick, configure, buy, and delivery, where all the services are provided in each step, leaving nothing to be done by the client after the purchase.
Fortress Investment Group is one of the leading investment management companies in the world. They manage assets for over 1000 different institutions and organizations which is about $10 billion dollars every day. Fortress Investment Group has been operating since 1998 and their primary focus was on private equity, credit strategies and public market strategies.
With the new capital that has been invested with the Fortress Investment Group, they can now approve millions of dollars in purchases and leases, which helps the company grow and benefits their clients who are looking for a great deal when it comes to buying or leasing a car.