School Bus Contractors Eligible for
New Purchases, Retrofit Assistance
(June 26, 2008) — The National School Transportation Association (NSTA) and Blue Bird Financial Services announced an incentive campaign to help contractors increase vehicle and equipment leasing power.Blue Bird Financial Services (BBFS), a member of the Traxis Financial Group, is offering NSTA members competitive financing rates and terms on new school buses as well as a bus asset monetization program that allows operators to utilize the value of their fleets to help fund other areas of their business. The partnership includes financial services for diesel and alternative fuel buses for meeting 2007 and 2010 emissions standards. Both types of buses may be eligible for partial rebates from the U.S. EPA. BBFS also announced a “New Engine Retrofit Finance” program that allows private school bus contractors to bring their older buses into compliance with emissions regulations.More information is available on the NSTA Web site by clicking the password-protected “Member’s Only” section.
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