Fleet Financing Resources, LLC (FFR) arranged $19.8 million of lease and loan financing for bus equipment in Q1/2016. The equipment includes motor coaches, school buses, shuttles and other buses of all sizes to fleet operators on a nationwide basis.

“Considering first quarter is usually subdued, and in light of aggressive competition, we are extremely happy with our results at a 49% increase in volume over 1Q/2015. Nearly 70% of the transactions are attributable to long-term fleet customers replacing and/or acquiring new equipment. We are exceptionally gratified and appreciative to have gained the loyalty of our customer base which ensures the longevity of each customer relationship,” said Dave Reynolds, Chief Executive Officer and President for FFR.

About Fleet Financing Resources - FFR offers financing and leasing for all new and used titled transportation equipment - specializing in buses of all sizes. Founded in 2002, Fleet Financing Resources has been successful in providing finance solutions to over 3,700 businesses nationwide. FFR offers a broad funding menu of products and services tailored to each client’s specific needs.