XL Hybrids, a developer of hybrid electric powertrain technology for commercial and municipal fleets, announced the introduction of special financing options through Priority One Financial Services, a commercial and recreational equipment finance provider and wholly-owned subsidiary of Forest River, a Berkshire Hathaway company.
The new financing allows XL Hybrids’ customers to retrofit current fleet vehicles and pay for the hybrid system over time. Customers can also refinance their existing vehicles or order new vans and buses with the XL3 Hybrid Electric Drive System.
“For individual operators and fleet managers considering the benefits of XL Hybrids’ electric powertrain technology, our competitive lease and finance options help make the conversion and cost that much simpler to budget,” said Jared Zimlin, business development director at Priority One Financial Services. “Now meeting state and federal mandates, while going ‘green’ with the XL3 Hybrid Electric Drive System, is simple and affordable to adopt.”
Priority One Financial Services has been offering financing options since 1987 and is currently serving the bus, trailer, marine and RV industry. Acquired in 2007 by Forest River, a Berkshire Hathaway company, Priority One serves as the F&I managed services provider for hundreds of dealers nationwide.
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