FCC Equipment Financing now provides services to fleets

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OVERLAND PARK, Kan. — FCC Equipment Financing Inc., a subsidiary of Caterpillar Financial Services Corporation, now provides a full range of traditional loan and lease products to the transportation market.

An in-depth understanding of the transportation business and a significant amount of available funding capacity enables FCC to deliver personalized service to fit a fleet’s individual needs, according to Lee Kermode, national sales manager for fleet financing, FCC Equipment Financing.

"In addition to extensive non-captive end user financing experience, we have specialists that are focused entirely on the transportation industry, enabling us provide an unequalled level of customer service," Kermode said. "We aren’t just a funding source we act as advocates on behalf of our customers, effectively managing risk while ensuring our financing package meets their individual needs. Our dedicated resources in this market and the considerable assets made available by Cat Financial give us the flexibility to fulfill a fleet’s requirements."

Serving primarily mid-sized and large private fleets and common carriers throughout the U.S. that rely on medium or heavy-duty trucks (classes 6,7, and 8), trailers and related transportation equipment, FCC delivers a variety of options by financing both new and used equipment, multiple brands and mixed equipment fleets. Other services provided by FCC include financing for equipment leasing, tax leasing, revolving lines of credit, debt consolidation and restructuring, and pre-approved lines of credit. Direct term loans are offered at fixed or floating rates, as well as true leases and TRAC leases. Transactions are competitively priced, with LIBOR-based rates or fixed rates locked in at closing. Tax-oriented pricing also is available.

For more details call (913) 901-2192.

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