Fleet Financing Resources Provides $3.3MM to Bus Co. for Transportation Equipment

Fleet Financing Resources (FFR) arranged $3.3 million of debt financing to a Los Angeles-based charter bus company for six new motor coaches and six new mid-size shuttles.

“This sizeable transaction caps off a really great June, volume was up 62% compare[d] to same month last year,” said Dave Reynolds, president and CEO of FFR. “Our continued growth is contributable to our adaptive ability and multi-line resources to accommodate all types of leasing and financing needs, no matter how small, complex or unique. Repeat and referral opportunities are a direct result of our relentless efforts to bring value added services to every customer.”

FFR is a California-based commercial lender with $200 million outstanding in receivables placed with lending partners for buses of all sizes, livery equipment and vocational trucks.

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