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Fleet Financing Resources Reports Record Year, 32% Y/Y Funded Volume Growth

February 07, 2017, 07:03 AM
Filed Under: Fleet Financing

Fleet Financing Resources caps off record year with a record month in December 2016.  Full year total funded volume was $75 million, up 32% compared to 2015.  December 2016 was a record month of volume in FFR’s fifteen year history -- over $14 million funded, including $8.5 million of 19 new motor coaches, in addition to other types of buses.

“FFR achieved truly remarkable results in 2016” said Dave Reynolds, President and CEO, Fleet Financing Resources.  “Volume for the year outpaced the general marketplace and was driven by strong performance with existing customers replacing and adding to their fleets.  Additionally we broadened our already diversified lending platforms to allow for tailored structuring, competitive pricing and other value added services.

FFR, a national lender, manages a current portfolio receivable of $150 million of new and used titled transportation equipment.  Founded in 2002, Fleet Financing Resources has been successful in providing lease and finance solutions to over 4,000 businesses nationwide.  FFR offers a broad funding menu of products and services tailored to each client’s specific needs.

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