Fleet Financing Resources Names Ray Rivera Senior Finance Officer, Commercial Trucks

Riverside, California, May 11, 2012 - Fleet Financing Resources, LLC. (FFR), a boutique style lender providing titled vehicle financing, has named Ray Rivera as Senior Finance Officer, Commercial Trucks.

In this newly created role, Rivera will facilitate business development for the commercial truck marketplace, which will include nationwide origination of loans and leases from dealerships, manufacturers and end users. The expansion of Fleet Financing Resources' presence in truck finance will include both new and used trucks, vocational and tractor-trailers.

"We are excited to have Ray lead our initiatives into the truck finance marketplace. His creative vision and wealth of knowledge will bring tremendous value to FFR," said Dave Reynolds, President and CEO of Fleet Financing Resources. "As we continue to grow our business in the commercial vehicle finance industry, we look forward to expanding our reach into commercial truck finance; something we have been considering for quite some time."

Rivera joined FFR a year ago as Senior Credit Manager. With more than 13 years of experience in commercial finance, Rivera has held both sales and credit positions with CitiGroup, Financial Federal and other lenders specializing in the commercial truck industry.