The Car and Truck Fleet and Leasing Management Magazine

Flexco Selects Innovative Funding Services for Remarketing Program

January 30, 2009

COLUMBUS, OH – Flexco Fleet Lease Exchange Company has engaged Innovative Funding Services (IFS) to provide funding and other services for the employees of its client companies.

Flexco provides a remarketing outlet for companies who look to maximize efficiencies while maintaining more control over the sale of their fleets. Programs are designed to get the highest return on clients' vehicles while minimizing the amount of time those vehicles sit on the corporate books. Flexco also works to minimize asset depreciation by remarketing corporate vehicles quickly and efficiently.

"Many of our clients asked for financing for their employees, but rather than just partner with a finance company we sought a turn-key solution from a company that could provide financing, handle the paperwork, and even offer extended service agreements so buyers could protect their investment," said Flexco Business Manager Janet Smail. 

IFS services include preparing title work, all related documentation, and flexible financing.

"Our Flexco relationship reaffirms the value IFS can provide to fleet and remarketing organizations. Purchasers of these vehicles look for personal service, a convenient process, and often 100-percent financing, all aspects of the program we provide," said Tim Janssen, president of IFS. "With the tightening credit market we have the ability to work with various lenders to meet the needs of our clients and their employees. This has been of tremendous value over the past year." 

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