Advantage Funding Hires Peter Basini as Sales Manager, Tow-Truck Division

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The Advantage Funding group of companies announced that Peter Basini has been hired as Sales Manager for its newly established tow-truck division.

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I am excited to bring a fresh and innovative funding source to the market.

The Advantage Funding group of companies announced that Peter Basini has been hired as Sales Manager for its newly established tow truck division.

Mr. Basini has extensive background in tow-truck and trailer financing and leasing spanning over 30 years. He was most recently affiliated with an independent lessor in the same position and held similar positions with Sovereign Bank, Network Capital, and RSR Capital.

“Mr. Basini will spearhead our new tow-truck division and brings a substantial following and book of business to Advantage Funding. We have committed substantial resources to this new division and believe the timing is right to enter this market,” said Donald J. Coolbaugh, Vice President of Sales. “We are fortunate to have Pete on our team,” he added.

“Advantage Funding has afforded me the opportunity to expand my customer base and improve the services I’ve been offering the industry for the past 30 years,” said Mr. Basini. “I am excited to bring a fresh and innovative funding source to the market,” he said.

“Tow truck financing fits easily into our fold, and I believe with Pete’s industry expertise and our funding platform independent tow-truck operators will have a solid funding partner to turn to when they need to replace or add additional trucks,” Mr. Coolbaugh added.

Advantage Funding is a leading non-captive finance and leasing company to the U.S. ground transportation industry. It is a subsidiary of Marubeni America Corporation, the multibillion multinational general Japanese trading company.

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