Friday, November 5, 2021

HyreCar Partners With AmeriDrive, Cogent Bank

Los Angeles-based automotive sharing marketplace HyreCar said this week that it has expanded its partnerships with AmeriDrive and Cogent Bank, to help increase its car supply. AmeriDrive Holdings is an automotive mobility fleet manager, and Cogent Bank is a provider of financing. Financial details of the partnership were not announced. HyreCar said that Cogent has agreed to expand its lending capacity so that AmeriDrive can continue to build its fleet exclusively on the HyreCar platform, including adding electric vehicles to offer up to rideshare and delivery drivers in the United States.