12/05/2017

 






  5 Tips for Financing Your Next Motorcoach

From Metro: 

For motorcoach operators, every purchase of a new piece of equipment is a major investment, taking into account the average price for a new motorcoach is around $500,000 to $550,000.

Here, finance industry experts discuss best practices for financing a new or used piece of equipment, which may be helpful for both new and seasoned operators alike.

 

For motorcoach operators, every purchase of a new piece of equipment is a major investment, taking into account the average price for a new motorcoach is around $500,000 to $550,000. Here, finance industry experts discuss best practices for financing a new or used piece of equipment, which may be helpful for both new and seasoned operators alike.

1. Develop a business plan
Like the old song goes, do you know where you are going to? Developing a business plan is not only a good tool for you to map out where you want your business to be in three or five years, it also helps your finance company know that you are as good a businessperson as you are an operator.

Having a business plan will also help you track when you may need to add a new vehicle or replace an existing vehicle, which essentially can help you justify making such a significant purchase.  For new operators, sharing your company's story may also help during the financing process, explains Amanda Lundmark, assistant VP, bus division, for 1st Source Bank.

"It's possible that a new operation has only been in business for just five years, but the owner may have been in the industry for 20 years or even grew up in the family business," she says. "Whatever that story is, sharing it with your finance company could help paint a clearer picture for the credit underwriter."

2. Buy what's best for you
How much usage do you plan on getting out of the vehicle? The financing term on a new vehicle typically runs five to seven years...........  READ MORE >

 

  Yosemite National Park to add 2 Proterra electric buses


Yosemite National Park will add two Proterra Catalyst® buses to its fleet. Situated in California’s iconic Sierra Nevada Mountains, Yosemite represents the first U.S. National Park to permanently add zero-emission buses to its shuttle fleet, offering its visitors a modern, ecologically-friendly transportation option.

Last year, the National Park Service (NPS) recorded 331 million visits. This August alone, the parks attracted 40 million people nationwide with 609,676 visitors at Yosemite.

 

Yosemite National Park will add two Proterra Catalyst® buses to its fleet. Situated in California’s iconic Sierra Nevada Mountains, Yosemite represents the first U.S. National Park to permanently add zero-emission buses to its shuttle fleet, offering its visitors a modern, ecologically-friendly transportation option.

With millions of visitors coming to Yosemite each year from around the world, Yosemite has relied heavily on their shuttle program to encourage park visitors to park once and use a bus to circulate among lodges, waterfalls, and..............READ MORE >

 
 
 
 
 
  EPA to Demonstrate New Grant Application Process

From School Bus Fleet:

The Environmental Protection Agency (EPA) is offering a pair of webinars to demonstrate a new process for grant applications.  Beginning on Jan. 1, all grant applicants will be required to use Workspace to submit applications through Grants.gov. Accordingly, EPA’s Office of Grants and Debarment will host a Grants.gov-led session that will provide training and a demonstration on Workspace.

A session for all grant applicants will be held on Monday, Dec. 4, from 2 to 3:30 p.m. Eastern time. A session for tribal applicants will be held the following Monday, Dec. 11, from 2 to 3:30 p.m. Eastern.

For more information, go to this EPA web page. The agency said it will record the webinars and post them on that web page for those who can’t attend the live sessions.  The EPA regularly offers grants that can be used to retrofit or replace older school buses and..........
READ MORE >


The Environmental Protection Agency (EPA) is offering a pair of webinars to demonstrate a new process for grant applications.  Beginning on Jan. 1, all grant applicants will be required to use Workspace to submit applications through Grants.gov. Accordingly, EPA’s Office of Grants and Debarment will host a Grants.gov-led session that will provide training and a demonstration on Workspace.
 

 


 

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