Columbus Cash 4 Cars is operating in the auto scrap and recycling business within Dublin, Valleyview, and Montgomery, OH. We are now able to buy scrap cars in the areas of Brice, Flint, and Westerville. Were you aware that you can receive cash for scrap vehicles in Truro, Madison, and Gahanna, OH? Our junk my car for cash program is quick and easy. To junk your car for cash in Franklin, Grandview Heights, and Blendon—give us a call at (614) 382-4060. As a proud green company, we make sure that your car becomes a positive resource. As a business with best procedures in place, we divert tons of materials from being tossed annually into landfills.
In the June 15, 2016 edition of Automotive News, Eric Newcomer posted a story titled ‘Uber, seeking to boost capital, plans to raise up to $2 billion’ with the following report: “Uber Technologies Inc.’s hearty appetite for capital is driving it toward the market for big debt. The ride-sharing company is seeking to raise $1-$2B in a loan, a person familiar with the matter told Bloomberg. Uber is working with Morgan Stanley & Barclays on the proposed deal, the person said.
Discussions are ongoing, and the plans could fall apart, said the person, who asked not to be named because the discussions are private. Barclays, Morgan Stanley and Uber declined to comment. As Uber expands around the globe at a rapid pace, the San Francisco-based company is spending aggressively. In China now Uber has pledged to spend at least $1B to take on rival Didi Chuxing. Last month, Apple Inc. invested $1 billion in Didi. While Uber is losing money in China, the company said its business in the U.S. & Canada is good, even as it faces a price war at home with Lyft Inc.
Uber isn’t in danger of running out of money soon. After raising $3.5B from Saudi Arabia’s funds this month, Uber said it has more than $11B on its balance sheet, including cash and convertible debt. The amount doesn’t include the high-yield loan it’s seeking now. The leveraged debt talks were reported Tuesday by The Wall Street Journal. Earlier on Tuesday, Jeff Holden, the chief product officer at Uber, said the ride-hailing industry would change “when the money train stops.” In an interview at the Bloomberg Tech Conference in SF, Holden highlighted a “very distorted capital market.” He said: “When the tide goes out, we’ll see who makes it.” The full article is available here.
Are you seeking to junk your car for cash?
There’s no need to shop around for turning auto scrap into cash. Let us know the car’s year, make, and model and we are on the way. During 2015, those of us who buy scrap cars have been negatively impacted from a steep drop in scrap pricing. Fast cash for scrap vehicles is available in Hamilton, Pickerington, and Reynoldsburg. Are you asking yourself where to junk my car in Worthington, Lockbourne, or Marble Cliff? We are now offering junk car removal services throughout Amlin, Groveport, and Darbydale. Did you know that used oil from junk cars can cause environmental damage? We insure that all fluids from the cars are properly handled.