Fleet Financing Resources Records 14.5% Volume Growth
OCT 18, 2017 - 2:31 pm
Fleet Financing Resources reported origination volume was $56 million, up 14.5%, while revenues and net income were up 17% and 23.5%, respectively, for the nine months ending September 30, 2017.
Dave Reynolds, Fleet Financing Resources’ president and CEO, said, “Our financial performance continues to exceed expectations, especially coming on the heels of 2016, which was a very strong growth year for us. In my over 40 years of vehicle fleet financing, I have never been so completely surrounded by such a team of dedicated, knowledgeable and driven professionals as we have assembled at FFR. Our focus remains on efficiently financing quality and profitable business with growth taking care of itself.”
Fleet Financing Resources, a national lender, manages a current portfolio receivable of $200 million of new and used titled transportation equipment. Founded in 2002, Fleet Financing Resources provides lease and finance solutions to thousands of businesses nationwide.
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