Mullen Automotive To Establish Mullen Credit Corporation, Aimed At Supporting Its Expanding Dealership Network With Vehicle Floor Planning
Portfolio Pulse from Benzinga Newsdesk
Mullen Automotive is establishing Mullen Credit Corporation to support its dealership network with vehicle floor planning and offer financing options to fleets and small businesses.
October 14, 2024 | 1:07 pm
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Mullen Automotive is launching Mullen Credit Corporation to support its dealership network and offer financing options, potentially boosting its market presence and sales.
The establishment of Mullen Credit Corporation is a strategic move to support Mullen's dealership network and provide financing options, which could enhance sales and market presence. This is likely to have a positive short-term impact on Mullen's stock price.
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