AmeriTrust Financial Technologies Inc. Stock Analysis AMT.V

AmeriTrust Financial Technologies, Inc. is a technology company, which engages in the development marketing, and sale of access to cloud-based transaction platform to buy, sell, trade, finance, and lease new and used vehicles. The company is headquartered in Burlington, Ontario. The company went IPO on 2013-03-07. Its integrated, cloud-based transaction platform facilitates transactions amongst consumers, dealers, and funders. The company operates a fintech platform targeting automotive finance and specializing in used vehicle lease originations for the automotive industry. Its core business is offering a leasing alternative for used vehicles. The company is licensed in over 38 states in the United States. Its leasing solutions offer customers opportunities with lower monthly payments, providing a dealer additional sales opportunities through new financing products and providing lending partners higher risk adjusted returns. Its solution consists of AmeriTrust Serves and AmeriTrust Auto. AmeriTrust Serves is a full servicing platform providing data and performance reporting. AmeriTrust Auto is a remarketing platform focused on repossessions and lease returns offered at retail direct-to-consumer online.