Fleet Financing Resources surpassed $350 million in lease and finance transactions through its vendor platforms with two of its primary funding partners: Wells Fargo Equipment Finance and Signature Financial.
Initiated in 2003, the partnership with Wells Fargo has funded $250 million in equipment ranging from new and used motor coaches, buses of all sizes, school transportation, vocational trucks and all livery-related vehicles. Fleet Financing Resources’ relationship with Signature Financial has funded more than $100 million since its inception in 2012.
“We are pleased to be strategic partners with both WFEFI and Signature Financial, LLC,” said Garland Tillery, chief finance officer of Fleet Financing Resources. “We share the unified vision of providing our customers with financing solutions that will meet their evolving needs. The successful vendor programs allow FFR the freedom to get more done for fleet operators, large or small.”
Additionally, Fleet Financing Resources has funding programs with another half dozen sources which has allowed for more than $600 million since 2003. It manages a current portfolio receivable of $200 million of new and used titled transportation equipment.
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