Fleet Financing Resources 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 Q1/2015. 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, CEO and president for FFR.