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Financing

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.

Ways to Assess Rates When Funding Vehicles

In recent years, funding strategies for fleet vehicles (including both leased and financed) has been pretty straightforward. Funding rates have been low, and have remained relatively flat. Is it time to reassess?

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.

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.

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