Merchants Fleet Expands Funding Group, Raises Funding Capacity To $2 Billion To Lease Additional Vehicles &Amp; Equipment

Merchants Fleet ("the Company"), the nation's fastest growing fleet management company, today announced a major expansion of its core member funding group to include some of the top banks in the world, enabling the Company to access $2 billion of capacity to lease vehicles and equipment for clients as well as invest in continued growth. The new group of banks and investors is led by French international banking group BNP Paribas who along with Merchants' lead equity partner Bain Capital Credit, represents over $20 Trillion in assets.