What is Cities Auto Sales?
Cities Auto Sales is a family-owned business with nearly three decades of experience in the automotive industry. The company specializes in serving the sub-prime market, providing essential services for individuals looking to repair or re-establish their credit. Operating from a newly remodeled 11,000 square foot facility, Cities Auto Sales offers comprehensive sales and finance departments designed to assist shoppers in acquiring vehicles with affordable payment plans. Additionally, a four-bay service center supports clients with a range of maintenance and repair services, from routine oil changes to major engine and transmission work.
How much funding has Cities Auto Sales raised?
Cities Auto Sales has raised a total of $126K across 1 funding round:
Debt
$126K
Debt (2021): $126K with participation from PPP
What's next for Cities Auto Sales?
The substantial backing and strategic investment Cities Auto Sales has received signal a strong commitment to its ongoing expansion and operational enhancements. As a company focused on the sub-prime auto market and credit re-establishment, this capital injection is likely to fuel initiatives aimed at broadening its customer reach, upgrading its facilities, and potentially expanding its service offerings. The late-stage funding context suggests a strategic push towards solidifying its market position and maximizing its growth potential within the competitive automotive financing landscape.
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