Operations

Favorable Financing Terms For Mini-Buses Now Available

Posted on May 25, 2010

Autoline Capital Corp. has readily available funds for up to 84 months to finance limo and shuttle-type buses.

MELVILLE, N.Y. -- As the economy slowly regains traction and operators stabilize their vehicle accounts, we have seen a radical change in equipment funding requests. 

No longer is the new Lincoln stretch limousine the preferred " bread and butter" vehicle of choice among our clientele.  That right has shifted to the regimen of buses, both limo- and/or shuttle-type vehicles.

Funds are readily available, with extended terms of up to 84 months, to facilitate the purchase of these units. Residual or balloon buyouts at termination are also available, which in turn, can significantly lower monthly carrying charges. With numerous manufacturers offering an assortment of vehicles, size and interior specifications become paramount.

From the advent of these specialized vehicles, as small as 14 passengers to current 40-plus passenger capacities, with or without lavatories, what goes into the vehicle is as important as the type of unit itself. Greater carrying capacity, accompanied by increased revenue and longer vehicle life, may make the addition of a bus to your fleet, something to be strongly considered.

For more information, contact Larry Kole or Mike Villani of Autoline Capital Corporation at (631) 531-0626 or 0682.

Lawrence Kole is president of Autoline Capital Corp. of Melville, N.Y., which has provided custom-tailored finance programs to the livery and funeral industries since 1983.

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