Leaders of Chrysler LLC's Chrysler Financial are meeting with the U.S. Department of Treasury Wednesday in hopes of winning more financial aid to fund more car loans.

Chrysler LLC Vice Chairman Jim Press said Wednesday that the lending unit would quickly plow any aid into the marketplace to spark sales.

Chrysler Financial said last month that it would seek a second cash infusion after receiving $1.5 billion from the U.S. Department of Treasury in January. The company is projected to run out of the $1.5 billion by mid-April, according to a person familiar with the discussions.

Chrysler Financial used its initial money to support Chrysler's 0% interest loan program and other sales incentives. The financial arm more than quadrupled the number of loans it wrote, to 30,000 in February from 7,000 in January because of the financial aid.

General Motors Corp.'s (GM) lending unit, GMAC LLC, received $6 billion in aid in December. The auto maker hasn't said if it will also seek more funding.

-By Jeff Bennett, Dow Jones Newswires; 248-204-5542; jeff.bennett@dowjones.com

(Alex P. Kellogg contributed to this report.)