Fleet Financing Resources announced that they have renewed their long-standing, successful vendor partnership with Wells Fargo Equipment Finance. The vendor program financing agreement includes an $85 million credit facility with $45 million of the...
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January 24, 2017, 07:10 AM
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The industry closed 2016 on a solid note, as December dry van orders were up 26% year-over-year, with reefer orders up almost 140% over 2015. Despite that solid y/y performance, both new and net orders were down 5% from the previous month....
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January 23, 2017, 07:06 AM
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Advantage Funding, announced the hiring of Scott Burnett to broaden sales in the company’s Class-8, vocational-truck and tow-truck financing business. As Regional Sales Manager, Burnett will handle accounts in South Florida, portions of North Florida...
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December 02, 2016, 07:00 AM
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Advantage Funding announced that Chris Zeller will serve as Central Representative for Jerr-Dan Financial Solutions (JDFS). Jerr-Dan Corporation and Advantage Funding announced the new finance and leasing program earlier this month. Through JDFS...
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November 23, 2016, 06:47 AM
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Advantage Funding announced the addition of Todd Chase to its growing sales force. Chase will serve as a Sales Manager of the company’s Vocational Truck business, specializing in tow-truck financing.“Todd brings a lifetime of industry experience as...
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November 21, 2016, 07:00 AM
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Caterpillar announced it will discontinue production of its on-highway vocational trucks. Based on the current business climate in the truck industry and a thorough evaluation of the business, the company decided it would withdraw from this market....
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February 29, 2016, 07:18 AM
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Advantage Funding announced a new partnership with Road America, a leading independent provider of roadside assistance services throughout the U.S., Canada, Puerto Rico and the U.S. Virgin Islands.“Road America and Advantage Funding are partnering to...
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November 18, 2015, 07:00 AM
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Trailer net orders in August, at more than 24,500 units, rose nearly 21% from July’s pace, but eased 0.4% on a year-over-year basis, according to the most recent State of the Industry: U.S. Trailers published by ACT Research Co. (ACT).“The industry...
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September 23, 2015, 06:53 AM
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Advantage Funding announced the hiring of Michael “Mike” Kendro to its growing sales team. Kendro will serve as Regional Sales Manager, handling vocational sales in the company’s Southeastern Region. “Mike will deepen our sales presence and servicing...
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September 09, 2015, 07:25 AM
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Advantage Funding has added two regional sales managers to its growing Vocational Truck Division. Fred Clauhs will head the firm’s Mid-Atlantic Region, working directly with customers and vendors to build relationships and structure transactions...
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October 15, 2014, 07:00 AM
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