Gunty, BCH affiliate makes loan to title lender
December 22, 2016 – Auto Cash Financing, Inc., has entered into a loan agreement with Auto Cash of Georgia. They are an affiliate of Blackstreet Capital Holdings (BCH), led by CEO Murry Gunty. Auto Cash of Georgia has 8 retail locations and is the leading title lender in the Atlanta area.
“This is an opportunity to work with a very well-managed company in the title lender industry,” said Murry Gunty, CEO of BCH. “We are looking to actively invest in title lenders. We know other consumer finance businesses as banks and traditional financial sources increasingly exit the industry. Our management team has deep experience in this industry and we are looking for opportunities to expand our exposure to these types of businesses both as lenders and owners.”
“Our partnership with BCH will allow Auto Cash to expand operations,” said Auto Cash CEO Judson Browne. “We are pleased to have engaged partners with BCH’s level of expertise and a strong commitment to our business.”
BCH is a diversified holding company that seeks investments in debt and equity of companies. These are either underperforming, in out-of-favor industries or are undergoing some form of transition. BCH invests in a range of industries including education, manufacturing, sports and entertainment, distribution, ecommerce, technology, and franchising.
About Blackstreet Capital Holdings, LLC
Blackstreet Capital is a Chevy Chase, MD based diversified holding company run by Murry Gunty and Lawrence Berger. BCH currently has equity and debt holdings in education, consumer finance, and sports and enterainment.