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Hino Initiative Offers No-Payment Option for 2020

Hino Initiative Offers No-Payment Option for 2020

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 Changes Name to Tresl

In Memoriam: IFS Founder Tim Janssen

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

Fed Announces First Rate Cut in 11 Years

Fed Announces First Rate Cut in 11 Years

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 Managers Worry About Technology, Drivers, and Economic Conditions
Corporate Mercedes-Benz C-Class Sedans Eligible for 2.99% APR

Fleet Advantage Names Finance VP

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

BNP Paribas Offers Preferential Financing on IVECO Trucks

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

Identifying the Right Funding Options for Your Fleet

Identifying the Right Funding Options for Your Fleet

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 Reports Downdraft in Used Car Values

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

Sofico Appoints New Representative Director for Japan
GE to Sell Transportation Finance Unit to BMO Financial Group
High-Mileage Used Fleet Vehicles Create Difficulties Financing 'C' and 'D' Paper Buyers

High-Mileage Used Fleet Vehicles Create Difficulties Financing 'C' and 'D' Paper Buyers

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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