Vehicle Pick of the Week: Motorcoaches have long lifespans, so buying one from another operator is great for testing your market.
RIVERSIDE, Calif. – Fleet Financing Resources has renewed its vendor program financing agreement with Wells Fargo Equipment Finance Inc. through November 2013. Fleet Financing Resources also has increased the credit line from $68 million to $72 million.
“Of the $72 million credit line, $32 million is provided via an Ultimate Net Loss Pool facility,” said Dave Reynolds, president and CEO of Fleet Financing Resources, in a statement.
Initiated in 2003, the total funded volume from the financing agreement has exceeded $140 million; the renewal also includes a $4 million increase in the total discretionary guidance amount.
“Over the years, Fleet Financing Resources has secured numerous vendor programs from top tier lenders and Wells Fargo Equipment Finance Inc .continues to be a premier partner as a result of their outstanding performance and overall excellence,” Reynolds said.
Fleet Financing Resources offers financing and leasing of new and used titled transportation equipment, specializing in buses and trucks. Founded in 2002, Fleet Financing Resources has succeeded in providing finance solutions to more than 2,600 businesses nationwide. FFR offers a broad funding menu of products and services tailored to each client’s specific needs.
Visit www.ffresources.com for more information.
Source: Fleet Financing Resources
The automaker sold 4,182 vans in Oct. 2018 — up 71% from a year ago to mark the best October in company history.
The automaker welcomed nearly three dozen upfitters to its Michigan headquarters to highlight the van's commercial possibilities.
After a turnaround plan failed because of a shift in consumer demand, the automaker is ready to try again.
Motor Trend has selected the luxury vehicle as a standout for their annual award.
More people are traveling by bus, and the industry is responding by upgrading inventory and adding more amenities.
As more miles are collected, the automaker will make it even more capable and efficient.
Vehicle Review: Casting a large shadow, the SUV is endowed with seating for eight, ample cargo space, and 22-inch wheels.
Vehicle Review: The van has a tweaked design, more safety features, and a modern infotainment and telematics package.
Vehicle Review: It’s larger and heavier, more powerful, and more posh than before.
Vehicle Pick of the Week: Look no further for a van that's perfect for the dignified executive client.
The approval announced Oct. 30 allows Waymo's driverless vehicles to cruise through California at speeds up to 65 mph.
The number of self-driving cars is set to climb now that the U.S. DOT has updated guidelines, easing federal oversight.
Tech-driven change and disruption is the new normal in this sector, analysis says.
Vehicle Review: The well-equipped sedan is one of the most high-tech on the road today, and this isn't even its final form.
The world's No. 1 online marketplace and trader for professional chauffeured and chartered vehicles, including all types of motorcoaches, buses, vans, stretch limousines, sedans, SUVs, exotics, and classics. New and used vehicles are available from sellers across the nation.
The best online networker to find quality affiliates worldwide and market your company.
Click on any state to see the latest industry news and events in that region.