Wheels is approaching annual sales volume of $2 billion and assets of $3 billion and is ranked in the top 200 privately-held companies in the United States.
We are a privately-held company that holds ourselves to public standards.
- We have the flexibility to make investments in economic down times
- We issue corporate debt and we are accountable to the rating agencies
- We can be nimble in terms of focusing efforts to a particular issue quickly
- We are held accountable by our Board of Directors as well as our clients
- We have a highly conservative approach to credit and review the strength of our portfolio regularly
Public Long- and Short-Term Debt Ratings
- Standard and Poor’s: A/A-1
- Fitch: A/F-1
We have a diversified funding base
- Asset backed commercial paper
- Term securitization
- Private placements
From floating and fixed rates to Open- and Closed-End Leases, Wheels can help you decide which structure is best for your fleet based on your company’s culture, risk tolerance, organizational structure, market trends, and your corporate and fleet goals.
Wheels provides a variety of funding options:
- Fixed rates based on Merrill Lynch U.S. Corporate Bond Index, Treasury Notes, and in Canada GOCB
- Floating rates based on LIBOR, Commercial Paper and in Canada BA
- Self-funding
- Open- or Closed-End Leases
To further discuss funding alternatives for your fleet, please contact us.