Announced this week, Innovative Funding Services has teamed up with fleet management company PHH Arval.

Through this partnership, PHH will offer IFS as a potential funding source for its clients’ employees wishing to purchase their fleet vehicles, officials explained.

Commenting on the news, Dan Craney, PHH Arval manager for vehicle remarketing, noted, “IFS provides a high level of service that mirrors our corporate strategy of providing a flawless customer experience. It’s critical to work with those that can move quickly, provide flexibility and ensure the title work and documentation is correct. With IFS, we are confident it will be done right. 

“In this challenging economy, we believe buyers will appreciate the quick transaction funding that IFS provides,” he added.

Tim Janssen, president of IFS, chimed in, saying,“Teaming up with PHH Arval reaffirms the value IFS can provide to fleet lessors when remarketing their vehicles. By providing more options to fleet clients and their employees PHH Arval is expanding the depth of their client relationships and that’s a win-win for everybody.

"Purchasers of these vehicles want personal service, a convenient process and often 100 percent financing, all aspects of the program we provide,” he continued. "With the changing dynamics in the lending arena, we have a cutting edge approach to fleet financing that’s often unique in the industry today. Technology moves quickly, and IFS works hard to stay ahead of the curve to continually improve our processes and keep customer service at optimal levels.”

Delving more into what IFS offers, the company explains it provides “one-stop shopping” for fleet customers.

“The IFS financing process is almost seamless for the customer and provides a fresh, streamlined approach to fleet financing," officials further explained.

And in addition to individual loans, IFS also offers commercial loans,” officials further explained.