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Fleet Financing Resources Records 14.5% Volume Growth for the First Nine Months of 2017

Posted 10/18/2017
Riverside, California, October 19, 2017 – Fleet Financing Resources (FFR) today reported results for nine months ending September 30, 2017.  Origination volume was $56 million, up 14.5% for the reporting period while Revenues and Net Income were up 17% and 23.5% respectively.

Dave Reynolds, FFR’s President and CEO commented, “Our financial performance continues to exceed expectations, especially coming on the heels of 2016 which was a very strong growth year for us. In my over 40 years of vehicle fleet financing, I have never been so completely surrounded by such a team of dedicated, knowledgeable, and driven professionals as we have assembled at FFR. Our focus remains on efficiently financing quality and profitable business with growth taking care of itself.”

About Fleet Financing Resources - FFR, a national lender, manages a current portfolio receivable of $200 million of new and used titled transportation equipment.  Founded in 2002, Fleet Financing Resources has been successful in providing lease and finance solutions to thousands of businesses nationwide.  FFR offers a broad funding menu of products and services tailored to each client’s specific needs.

Author
Annie Seel
Organization
Fleet Financing Resources
Phone Number
8004213660
Fax Number
800-421-3660