PHH works with you to tailor a lease financing program that meets your needs and makes economic sense. We consider the many variables of fleet financing, including: - Expected service lives of fleet vehicles
- Current interest rate environment
- Your company's risk profile and business culture
Funding choices include: - Fixed options
- Cost of funds (Canada only)
Determined by the Canada Government Bond rates.
- Prime rate (U.S. only)
Based on the Bankers Trust Prime rate.
- Three-year treasury notes (U.S. only)
Determined by the Federal Reserve Statistical Release (H.15 Report).
- Floating options
- Commercial paper
Enables you to switch to a favorable fixed rate for the remainder of your vehicles' service lives.
- LIBOR (U.S. only)
Offers a one-time option to fix the interest rate on a vehicle-by-vehicle basis.
| | - Customize a program to meet your needs
- Carefully analyze all variables impacting your fleet
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