19:23:39 EDT Tue 07 Jul 2026
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Ameritrust Financial Technologies Inc
Symbol AMT
Shares Issued 1,032,663,118
Close 2026-07-07 C$ 0.245
Market Cap C$ 253,002,464
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Ameritrust enters national lease deal with AutoSavvy

2026-07-07 16:44 ET - News Release

Mr. Shibu Abraham reports

AMERITRUST AND AUTOSAVVY LAUNCH NATIONAL LEASING PARTNERSHIP

On May 6, 2026, Ameritrust Financial Technologies Inc. executed an agreement to become the inaugural national lease partner for AutoSavvy, the nation's largest retailer of branded title vehicles, operating 21 dealership locations across nine states. The agreement provides Ameritrust with the ability to originate, underwrite and service lease programs for qualified customers across AutoSavvy's growing national footprint.

"This partnership strategically aligns Ameritrust with the clear market leader in a space that is primed for financial innovation. Ameritrust has begun the rollout of three AutoSavvy locations in Texas and Utah, testing systems for both companies, and then will proceed through to the remaining 18 locations," said Jeff Morgan, chief executive officer of Ameritrust. "AutoSavvy's proven model -- delivering vehicles priced on average 20 per cent below clean title market value -- speaks directly to the millions of Americans who demand transparency, quality and affordability. We are proud to partner with AutoSavvy to introduce lease solutions that provide qualified customers with additional flexibility and the opportunity for even lower monthly payments."

With AutoSavvy surpassing 100,000 total vehicle sales, the dealership group offers Ameritrust a stable, high-volume origination channel with significant long-term growth potential.

Brett Parham, chief executive officer of AutoSavvy, commented: "At AutoSavvy, we have spent more than 20 years helping customers get more value for their money. Our partnership with Ameritrust complements that value by introducing lease options that can lower monthly payments even further for qualified customers, helping make our vehicles accessible to an even broader group of buyers."

AutoSavvy continues to expand its national footprint, having opened seven new locations since 2022 and earning recognition on the Inc. 5000 list of fastest-growing private companies four of the past six years. The partnership is another chapter in the company's story focused on identifying strategic partnerships that support ambitious growth and national expansion.

About Ameritrust Financial Technologies Inc.

Ameritrust, listed on the TSX Venture Exchange, OTCQB and Frankfurt markets, is a finance solution and fintech provider disrupting the automotive industry. Ameritrust's integrated, cloud-based transaction platform facilitates transactions amongst consumers, dealers and funders. Ameritrust's platform is being made available across the United States.

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