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.

Related Topics: fleet financing, gaining lender approval, vehicle financing companies, Vehicle Loans

Comments ( 1 )
  • Terry carr

     | about 5 years ago

    Hi my name is terry .am in hopes you can help me.i am a 26 year vetriian as a comercial driver. Tractor trailer. The past 5 years have not been kind. I had cancer and housing market and my union job all went down at the same time forcing me to go bankrupt. Since then I decided to do something different. So for the last 2 years ive been driving limo.and school bus. Ive learned alot and I enjoy it. And just recently an opportunity has presented itself to me. I found a limo that has just stood out to me and I know there is a strong market for it here in indianapolis. It would be a one of a kind .it is solid and a definite money maker and a solid begining for me to build on.I found it on limoforsale.com .I need help getting financing .is there any program avail .that you would have . I know that this car could be self sufficiant in a short amount of time .i have. What it take to build a solid reputable. Dependable.quality buisness.that would top the list in this area . In the last 2 years I have built a good repor with my customer base and affilliates. If you have any possible finanicing options for someone like me please reply. Thank you in advance.

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