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.

View comments or post a comment on this story. (1 Comment)

More News

Prevost Offers Online ABA Driver Training Courses

The luxury motorcoach OEM and trade group address one of the industry's biggest challenges.

Luxury Line Run Motorcoach Service Adds Another Texas Route

Vonlane, which calls itself a private jet on wheels, now connects Austin and Fort Worth.

Uber Loses License To Operate In London

The TNC's license will expire Sept. 30 as it claims to have some 3.5 million users and about 40,000 drivers in the city.

Transportation Future, Driverless Vehicles Hot Topics At BusCon 2017

The show featured nearly 135 exhibitors and close to 60 vehicles, and some of the latest technologies available to operators.

Taxi Drivers, Chauffeurs More Likely To Die From Violence

CDC data shows they are the most likely workers to die on the job because of violent crime risks.

See More News

Facebook Comments ()

Comments (1)

Post a Comment

Submit

Blog

See More

LCT Store

LCT Magazine - September 2017 $12.95 MOTORCOACH / BUS ISSUE COVER STORY: * Irizar Racks Up A Good Rookie Year * *



Connect

Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close