12:21 PM EST - Axis Auto Finance Inc : Announced today that its wholly owned subsidiary, Pivotal Capital Corp. has secured an additional Funding Facility with Mitsubishi HC Capital Canada, Inc. Facility highlights include a Purchase facility, with capacity of up to $50 million in annual purchases, and a Warehouse facility, with a limit of $5 million. The Facility will be used to finance and purchase the payment receivables generated from commercial finance contracts. Axis Auto Finance Inc
shares T.AXIS are trading down one cent at $0.48.
