Riverside, California, March 27, 2017 – Fleet Financing Resources, LLC. (FFR), national lender of new and used titled transportation equipment, today announced its financial results for the fiscal year ended December 31, 2016.

Overview for 2016 as compared to the prior year:

· Finance income increased 22% to $5.4 million.
· Net Income increased 31% to $1.9 million.
· Total origination volume $75 million, up 32%.

Commenting on the year end audited results, Dave Reynolds, President and CEO: “We are extremely pleased with our 2016 results, the best in the 15 year history of Fleet Financing Resources.  Record year outcome is consistent with the increase in finance and net income.  Our success is attributed to the continued focus on our existing portfolio, the constant drive to expand our customer base and the tireless effort of our outstanding team of seasoned professionals.  We are energized and focused to achieve our goals in 2017 - to continued measured growth of good quality business, maintaining exceptional portfolio performance, and continuing to build our brand as a leader in the titled transportation finance sector.”

About Fleet Financing Resources
FFR, a national lender, manages a current portfolio receivable of $175 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.