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Motor Vehicle Fleet Financing

Loans

Comprehensive Fleet Financing for Various Entity Types

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The Fleet Financing division of 1st Source Bank provides comprehensive financing solutions for a wide range of vehicle fleets and entity types. Whether you need financing for commercial vehicles, public transportation, or specialized eco-friendly fleets, we have tailored options to meet your needs. Examples include:

Commercial Fleets

  • Commercial Vehicle Fleet: Vehicles used for business purposes, such as delivery vans, trucks, and commercial trailers.
  • Corporate Fleet: Vehicles owned and used by corporations for various purposes, including executive cars, employee transportation, and sales vehicles.
  • Rental Car Fleet: A collection of vehicles owned by a rental car company for renting to customers, including sedans, SUVs, and sometimes specialty vehicles.
  • Ride-Sharing Fleet: Vehicles used for transportation services on platforms such as Uber and Lyft.
  • Limousine and Chauffeur Fleet: Luxury vehicles used for chauffeur services, often for special events, corporate clients, or high-end transportation.

Logistics and Freight Fleets

  • Logistics and Freight Fleet: Trucks and trailers used for transporting goods and cargo, including long-haul trucks, delivery trucks, and freight containers.

Mobility Fleets

  • Mobility Fleet: Buses, trams, shuttles, vans, and trains used for transporting passengers in cities, regions, and commercial or institutional settings like hotels, airports, and resorts.

Government and Public Service Fleets

  • Government Fleet: Vehicles owned and operated by government entities, including police cars, fire trucks, ambulances, and municipal service vehicles.
  • Emergency Services Fleet: Vehicles used by emergency services such as police, fire, and ambulance services.
  • Utility Fleet: Vehicles used by utility companies for tasks like repairing power lines, maintaining water infrastructure, and more.
  • Postal and Delivery Fleet: Vehicles used by postal services and courier companies for mail and package delivery.
  • School Bus Fleet: Buses used for transporting students to and from school.

Specialized and Eco-Friendly Fleets As part of our commitment to sustainability, we offer financing options for eco-friendly fleets:

  • Electric Vehicle (EV) Fleet: Fleets that exclusively use electric vehicles, promoting sustainability and reduced carbon emissions.
  • Hybrid Vehicle Fleet: Fleets that include a combination of conventional and hybrid vehicles, offering improved fuel efficiency.
  • Luxury Vehicle Fleet: High-end vehicles used for premium services, including luxury chauffeur services and corporate executive transportation.

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Kirk Browning

Vehicle Fleet Financing Division President

Kirk Browning, President of 1st Source Bank Specialty Finance Group Vehicle Fleet Financing division, commercial lessor funding leader.
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