COLUMBUS, Ohio — Flexco Fleet Lease Exchange Co. announced it has engaged Innovative Funding Services to provide funding and other services for the employees of their client companies.

Flexco said it provides a reliable remarketing outlet for companies who look to maximize efficiencies while maintaining more control over the sale of their fleets.

Its programs are designed to get the highest return on clients' vehicles while minimizing the amount of time those vehicles sit on the corporate books, executives said.

Additionally Flexco officials indicated they work as a vehicle remarketing partner to minimize a company's asset depreciation by remarketing corporate vehicles quickly and efficiently.

"Many of our clients asked for financing for their employees, but rather than just partner with a finance company we sought a turn-key solution from a company that could provide financing, handle the paperwork and even offer extended service agreements so buyers could protect their investment," said Janet Smail, Flexco business manager.

She went on to say, "We turned to IFS because they understand our business and work with their customers on a personal level that is rarely seen in this environment."

IFS services include preparing title work and all related documentation, in addition to offering financing that is flexible and meets the needs of a population with an ever-changing credit situation.

Tim Janssen, president of IFS, pointed out, "Our Flexco relationship reaffirms the value IFS can provide to fleet and remarketing organizations. Purchasers of these vehicles look for personal service, a convenient process and often 100 percent financing, all aspects of the program we provide." 

Continuing on, Janssen said, "With the tightening credit market we have the ability to work with various lenders to meet the needs of our clients and their employees. This has been of tremendous value over the past year."