Accelerating Growth: LINE5 Secures $20M in Seed Funding to Transform Vehicle Protection Financing

LINE5 is excited to announce a groundbreaking funding milestone—raising $20,000,000 that will pave the way for expanding our industry-leading financing solutions across the automotive, RV, and powersports sectors, as well as our home warranty products. At LINE5, this injection of capital will be strategically invested to enhance our customizable loan options, refine flexible terms, and integrate even more sophisticated technology, further empowering our dealer partners to offer affordable, comprehensive vehicle protection plans and extended warranties. Our commitment to excellence in customer service, fast and reliable funding, and robust dealer support has long set us apart, and this funding will allow us to accelerate our innovation and broaden our market reach. By leveraging these funds, we aim to streamline our processes to ensure even more seamless, efficient financing experiences for both customers and dealers. Enhancements in our in-house collections and customer service teams will ensure that all parties continue to receive the high-quality, personalized service that our community has come to expect. With these expanded capabilities, LINE5 will also continue its tradition of helping dealers grow their revenue while providing customized, accessible financing options that make it easier for buyers to secure the coverage they need. Our vision remains clear: to empower our partners with flexible, responsible financing, thereby driving satisfied customers and long-term industry partnerships. Ultimately, this new chapter in our growth journey reinforces our dedication to innovation, support, and excellence, ensuring that both dealers and customers can enjoy the benefits of a secure, forward-thinking financing landscape.