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Commercial Fleet Financing, Inc. Posts Record March, 17% Increase in Q1 Funding

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Date: Apr 06, 2022 @ 07:20 AM
Filed Under: Transportation

Commercial Fleet Financing, Inc., a provider of transportation equipment financing, reported record monthly fundings for March of $20,091,000. CFF funded 243 transactions with an average transaction size of $82,679. Additionally, Q1 fundings were $52,375,000, up from $44,536,000 in Q1 2021, a year over year increase of 17.6 percent.

"We are all aware of the continued inflation concerns within our economy and the transportation and logistics industries.” said Matt Manero, founder and President of CFF. “However, despite inflation hitting fuel, equipment prices and interest rates, our team continues to focus the fundamentals required to serve our clients and grow our business. Our consistent results are the result of attacking issues head on, being niche experts and staying committed to our company culture.”

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



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