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Newsby StaffMay 8, 2020

Westlake Financial Launches New Commercial Vehicle Financing Program

Westlake Financial rolled out a new Commercial Vehicle Financing Program that allows dealerships to offer financing of up to $65,000 for vehicles ranging from Cargo Vans to Big Rigs.

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Articlesby StaffMarch 29, 2016

Open-End Versus Closed-End Leasing

For both small and large fleets, choosing the correct lease type requires consideration of costs, utilization, and remarketing scenarios.

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NewsAugust 19, 2014

Automaker and Bank Partner to Finance Vehicles for Nigerian Fleets

Hyundai Motors Nigeria Limited and Diamond Bank Plc have jointly inaugurated a vehicle finance scheme aimed at assisting fleet managers and prospective automobile patrons to procure affordable Hyundai vehicles.

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NewsApril 8, 2014

Tesla Starts Leasing Unit for Fleet Buyers

Tesla Motors will begin offering a fleet leasing program to small- and medium-sized businesses through its newly started Tesla Finance unit, the automaker has announced.

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NewsOctober 30, 2013

LeasePlan Repays Dutch Bond Funding Early

LeasePlan Corporation N.V. has cleared a $500 million bond obligation from its balance sheet, the Holland-based fleet and vehicle management company has announced.

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NewsFebruary 28, 2013

Hertz Equipment Rental and Donlen Launch New Equipment Acquisition Program

The Hertz Corp. and Donlen are launching a new program called HERC Ready Finance, which will give Hertz Equipment’s customers access to what the companies call “one-stop-shopping” and to financing for equipment and trucks through Donlen.

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Articlesby Mike AntichOctober 5, 2012

One Year Later: Rappeport Discusses Donlen-Hertz Merger

Automotive Fleet checks in with Donlen CEO Gary Rappeport a year after the company’s sale to Hertz Global Holdings. One key takeaway was the discovery that the companies have much in common and are leveraging these synergies.

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NewsDecember 29, 2011

PHH Corp. Announces $300M Increase in Committed Financing for its Fleet Management Business

MT. LAUREL, NJ - PHH Corp. stated the committed funding capacity is to acquire vehicles intended for lease to its commercial fleet customers.

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NewsOctober 7, 2008

Donlen Corporation Forms Strategic Alliance with Innovative Funding Services

NORTHBROOK, IL – The Donlen and IFS partnership will help ensure buyers are getting quality vehicles and an easy, streamlined financing option, the companies said.

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