Finance Archives - BUSRide


The Annual Fleet Finance Summit

Presented by BUSRide BUSRide convened a discussion moderated by Craig Lentzsch, former CEO of Greyhound Lines; former president / CEO of Coach America; and past executive director of All Aboard America! Holdings. He and a panel of industry experts explored the latest trends in fleet financing; the new and pre-owned coach markets; different lease types for […]

ROSE Chauffeured Transportation streamlines with Prepaid Expense Cards

ROSE Chauffeured Transportation has served the Charlotte, North Carolina, area with a dedicated team of drivers, dispatchers, technicians and managers since its 1985 founding by H.A. and Andy Thompson as family-owned limousine business. Now a full-fledged charter company with a fleet of over 35 vehicles (including 21 motorcoaches), the company prides itself on providing a top-to-bottom […]

Fleet Financing Trends: A Roundtable Discussion

Our panelists: Gerald Doughty: Director of Financial Services – Prevost Matt Hotchkiss: Senior Vice President, Bus Division Sales Manager – Wells Fargo Equipment Finance Edward P. Kaye: Vice President of Sales & Co-Founder  – Access Commercial Capital Kevin B. McDonald: Business Development Manager – TIAA Bank Moderator Craig Lentzsch, former CEO of Greyhound Lines; former president / CEO of Coach America; and past […]

Congressional Budget Office recommends eliminating the FTA in 2020

By Skylar Griego On December 13, the Congressional Budget Office (CBO) released a report that recommends eliminating the Department of Transportation’s Federal Transit Administration (FTA) in 2020 in efforts to reduce the federal deficit. “The FTA provides financial and technical support to roughly 6,800 local public transit systems across the country, through about two dozen […]

Pacific Coachways simplifies per diem with Commerce Bank

  Pacific Coachways Charter Services, Inc. has built its reputation for excellent service provided by exceptional drivers and equipment since its 1989 founding. Specializing in intrastate and interstate travel, including over-the-road tours as well as student- and church-group travel, its fleet of 25 has grown to include full- and mid-size motorcoaches, school buses and a […]

Public transit agencies could benefit from VW settlement

By Todd Mouw States will soon have access to a windfall of funds from the Volkswagen settlement. Last year, the Environmental Protection Agency filed a complaint against Volkswagen alleging that they violated the Clean Air Act. Volkswagen was found guilty and agreed to spend billions to settle these allegations, which includes a $2.9 billion Environmental […]

Getting your house in order for financing

Customers frequently ask me about the information they need to provide in order to get approved for an equipment loan or lease. What does a bank really look for when reviewing a transaction? For smaller transactions, many banks have a process where you can submit just an application if the requested amount falls under a […]

BUSRide Financial Roundtable: Part II

Guest panel encourages financial and accounting best practices as the only way to play ahead of the curve By David Hubbard In February, BUSRide convened with a select group of financial leaders in the bus and motorcoach industry during the UMA Motorcoach EXPO in Los Angeles, CA, for a roundtable discussion on the issues, trends […]

BUSRide Financial Roundtable: Part I

Guest panel explores the factors that influence financing.

And the survey says…

Accenture determines transit passengers worldwide are willing to pay more for an improved experience.