In response to the economic effects of the rapidly changing COVID-19 global health emergency, Hino is introducing enhanced financing and maintenance support through its Ultimate Confidence Initiative.
June 3, 2020
Innovative Funding Services (IFS) will begin operating under a new name and, effective immediately, will be known as Tresl.
May 6, 2020
Tim Janssen, the retired president of IFS (Innovative Funding Services LLC), passed away on Aug. 14 in Largo Vista, Texas. He was 55. Janssen founded IFS in 2007 and served as president of IFS for more than 12 years until his retirement in Jan. 1.
August 19, 2019
Federal Reserve Chairman Jerome Powell officially announced a widely expected cut to the federal funds rate yesterday, dropping the central bank's target by a quarter-point to 2%.
August 1, 2019
Fleet operators are most worried about keeping up with fleet management technology, shortages of qualified drivers, and a possible economy slowdown, according to a survey from TD Bank.
July 24, 2019
Mercedes-Benz is offering a 2.99% annual percentage rate of charge for qualified corporate purchasers of its 2019 C-Class sedan in March for financing terms from 24 months to 72 months, the automaker has announced.
March 4, 2019
Fleet Advantage, a provider of truck fleet business analytics, equipment financing, and lifecycle cost management solutions, has hired Jim Wharton as its vice president of finance.
January 14, 2019
Through the partnership, purchases of IVECO vehicles — which run on compressed natural gas, liquefied natural gas, bio-methane, and electricity — will be granted preferential financing conditions by BNP Paribas.
February 20, 2018
Good times, tough times, no matter what the economy brings, when you replace vehicles, somebody must get paid. There are a variety of funding options available to fleets; here are some of them, and how to find the right one.
July 5, 2017
GM Financial reported $202 million in net income in the first quarter of 2017, a 23% increase over the same time last year, despite pressure on used-car values, the company has announced.
May 16, 2017
WEX Inc. will offer OnDeck small-business financing to its customers under a new partnership announced Jan. 18, according to the companies.
January 18, 2017
Sofico - an automotive finance, leasing, and fleet software provider - has elected Tatsuya Tomita as Representative Director, replacing Shane Curran, to head its growing operation in Japan.
November 20, 2015
GE announced that it has reached an agreement to sell its GE Capital, Transportation Finance business in the U.S. and Canada to BMO Financial Group (BMO).
September 15, 2015
RIVERSIDE, CA - Fleet Financing Resources stated that its name change is due to the expansion of its business model.
August 30, 2011
Fleet managers are manufacturers of used vehicles. Many of the buyers of used fleet vehicles are C and D paper buyers. One unintended consequence to companies extending the service lives of fleet vehicles is that it is more difficult for used-vehicle dealers to finance C and D paper buyers in the secondary funding market. The issue, from the perspective of the finance company, is the remaining life of higher-mileage vehicles.
January 18, 2011
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