AmeriTrust Becomes the National Lease Partner for myAutoloan.com

Executive Summary

• AmeriTrust Financial Technologies entered into a 24‑month National Lease Partner agreement with myAutoloan.com, granting exclusive rights to all lease applications generated by the online automotive finance marketplace.
• The partnership is contingent on closing a previously announced brokered offering of up to $60 million to fund the required financing facilities.
• Both CEOs highlighted that the collaboration will expand leasing options for myAutoloan.com customers and generate new leasing and loan contracts for AmeriTrust nationwide.

Key Details

• Agreement Scope: 24‑month term with automatic annual renewal; either party may terminate with 90 days’ notice prior to term end.
• Exclusivity: AmeriTrust receives exclusive rights to all lease applications originating from myAutoloan.com during the agreement period.
• Funding Requirement: Partnership will commence once AmeriTrust finalizes funding facilities, which are expected to be supported by a brokered offering of up to $60 million (previously announced).
• myAutoloan.com Profile: Privately held online automotive finance marketplace founded in 2003; processes >200,000 consumer applications annually; operates in 48 U.S. states + D.C.; owned/operated by Horizon Digital Finance, LLC.
• Strategic Rationale (CEO Jeff Morgan): “The partnership… is a great opportunity for AmeriTrust to generate new and used vehicle leasing and loan financing contracts… providing increased choice and flexibility.”
• Partner Perspective (Gregory Thibodeau): “We are excited to offer our customers lease financing options… which will lead to increased applications being financed through our marketplace.”
• Implementation: Technology teams from both companies are already working on platform integration.

Notable Quotes

• Jeff Morgan, CEO, AmeriTrust: “We believe the partnership with myAutoloan.com is a great opportunity for AmeriTrust to generate new and used vehicle leasing and loan financing contracts… We are looking forward to a long and prosperous relationship.”
• Gregory Thibodeau, Co‑founder & CEO, myAutoloan.com: “We are excited to be able to offer our customers new and used vehicle lease financing options… we believe the many benefits of AmeriTrust's lease financing will lead to increased applications being financed through our automotive financing marketplace.”