A rental car operator is looking for a secure line of credit to fund purchases for his growing rental fleet. He wants to learn more about improving the quality of his credit applications to lender to optimize his chances of receiving the funding.
Avis Amends Existing Credit Facility and Completes Offering of Senior Notes
The ratings agency Standard and Poor's raised its rating on Avis senior unsecured notes to “B”, citing recent financing activity that reduced the rental car company's secured borrowing.