Auction Direct USA has filed a notice of an exempt offering of securities to raise $3 Million in New Debt Financing.
According to filings with the U.S. Securities and Exchange Commission, Auction Direct USA is raising $3,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Timothy Frank 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 Auction Direct USA
Our Mission Auction Direct USA is committed to revolutionizing and legitimizing the used car business, guided by the principles of trust and open information exchange, to provide a truly unique and satisfying automotive purchase experience for every guest, in every way. Auction Direct USA operates an expanding network of highly differentiated, customer-centric used car superstores. Auction Directs unique approach is centered upon providing customers with the lowest price vehicles and the best car buying experience. The Company offers consumer financing, extended warranties, certified pre-owned vehicles, service, parts and vehicle protection products. The Auction Direct facility design is clearly tailored to enhance the guests shopping experience. It begins with a personal greeting and guest registration at the front door. The introduction of a sales associate leads into a complete explanation of the Auction Direct business approach including the Companys mission statement, pricing philosophy and a thorough bullet point presentation of the reasons to buy a vehicle from Auction Direct. All of the discussions occur in an open showroom environment unique to Auction Direct at a bar height countertop in the middle of the showroom labeled the Hassle Free Zone.
To learn more about Auction Direct USA, visit http://www.AuctionDirectUSA.com
Contact:
Timothy Frank, Chief Executive Officer
585-742-8000
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