MCI’s parent company unveils financing for electric vehicles

NFI Group Inc. has introduced with NFI Financial Solutions, a new financing option to support the purchase of the company’s new electric vehicles, infrastructure and batteries. 

Financing covers new and pre-owned buses and coaches, infrastructure development – including hardware, software and support services offered by NFI Infrastructure Solutions – and vehicle batteries.  

“NFI Financial Solutions effectively matches our customers with the industry’s most competitive lenders and enables the purchase and deployment of NFI’s mobility solutions,” said Pipasu Soni, NFI’s Chief Financial Officer. 

Innovative financing

Previously known as MCI Financial Services, the all-new NFI Financial Solutions has expanded to incorporate innovative financing for batteries and infrastructure and can now support the purchase of any NFI vehicle in any propulsion – spanning the entire New Flyer, MCI, Alexander Dennis and ARBOC product lines, he said.

Designed to keep mobility projects moving, NFI Financial Solutions delivers numerous benefits,  including easy application processes, access to competitive financing from top lenders, purchase support for any propulsion (including clean diesel, compressed natural gas, battery-electric and hydrogen fuel cell-electric), and customized financial solutions tailored to unique customer situations and needs. 

Financing options include tax-exempt lease purchases, fixed or floating rate loans, Terminal Rental Adjustment Clause leases and special payment structures such as seasonal, step-up or step-down payments. 

NFI has electric vehicles operating – or on order – in more than 80 cities in five countries. The manufacturer offers the widest range of zero-emission battery and fuel cell electric buses and coaches. Its vehicles have completed over 50 million EV service miles. 



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