Carrollton, TX – August 25, 2021 – Commercial Fleet Financing, Inc. a leader in transportation equipment financing reported record funding’s during the second quarter ending June 30, 2021. For the quarter, CFF funded $50,142,934, an increase of more than 52% compared to Q2 2020.
“After 26 years in business, and despite the vehicle chip shortage, CFF continues to scale to new levels. Our entire team of 43 employee’s have simply kept our heads down, our culture thriving and our focus within niche industries of trucking, towing, construction and delivery vehicles. Because of this team effort, Q2 results are the best in our history.” Said Matt Manero, Founder and President of CFF.
Manero added that headwinds continue with the transportation industry, specifically relating to supply chain issues and the electronic chip shortage. “We talk to our clients daily, and we know the economic factors that impact their businesses. Without a doubt, supply chain disruption and the chip shortage are real. Equipment is hard to find, and our clients are constantly on the hunt. Our clients want to buy equipment, and we want to finance equipment, but trucks and trailers are getting harder and harder to find in 2021. We will continue to stand ready and willing to help in any way we can and even with these shortages, we expect 2021 to be another record year for us.”
About Commercial Fleet Financing, Inc.
Founded in 1995, privately held and located outside of Dallas, TX, CFF has grown to one of the largest transportation equipment finance companies in America. CFF offers financing products to the end users of equipment within four primary industries of trucking, towing, construction and delivery vehicles.
Learn more about CFF at www.cffnationwide.com.
Company Name: Commercial Fleet Financing, Inc.
Contact Person: Matt Manero
Email: Send Email
Country: United States