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Commercial Fleet Financing Reports Q3 Fundings of $49MM, Launches CFF Insurance

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Date: Oct 07, 2021 @ 07:17 AM
Filed Under: Transportation

Commercial Fleet Financing, Inc., a transportation equipment financing provider, reported financial results for the third quarter ending Sept. 30. For the quarter, CFF funded $49,086,000 from 586 transactions with an average transaction size of $83,700.

"We are once again pleased with our Q3 results. Our team continues to push through the nationwide vehicle shortage issues and find opportunities to help our clients grow. Our YTD funding’s are now over $143 million, and we expect a very strong Q4. Without question, 2021 will be the best year in our company’s history with annual fundings pushing $200 million,” said Matt Manero, founder and President.

CFF also launched CFF Insurance Agency, LLC. to help clients enjoy expert recommendations and lower insurance premiums. “This has been in the works for quite a while at CFF. By helping clients with their insurance needs, we continue to become a one source solution,” Manero added.

Founded in 1995, privately held and located outside of Dallas, TX, CFF offers financing products to the end users of equipment within four primary industries of trucking, towing, construction and delivery vehicles.



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