September 02, 2014 5:36 AM ET

Road and Rail

Company Overview of Donlen Corporation

Company Overview

Donlen Corporation provides fleet leasing and management solutions worldwide. Its fleet management solutions include accident management, acquisition, fleet administrative, fleet funding, fuel management, remarketing, transportation, vehicle maintenance, international fleet solutions, strategic consulting, and truck/equipment services. The company was founded in 1965 and is headquartered in Northbrook, Illinois. As of September 1, 2011, Donlen Corporation operates as a subsidiary of The Hertz Corporation.

2315 Sanders Road

Northbrook, IL 60062

United States

Founded in 1965

Phone:

847-714-1400

Fax:

847-714-1500

Key Executives for Donlen Corporation

Chief Executive Officer and President
Age: 56
Chief Financial Officer and Senior Vice President
Senior Vice President of Products and Services
Vice President of Marketing
Senior Vice President of Sales and Client Relations
Compensation as of Fiscal Year 2014.

Donlen Corporation Key Developments

Donlen and VNG.Co Partner to Provide CNG Network Access to Fleet Customers

Donlen has signed an agreement with VNG.CO to provide access to a network of CNG fueling locations for its fleet customers. Natural gas vehicles (NGV) can provide significant cost savings over gas vehicles. Lowering emissions, reducing dependence on foreign oil, and supporting corporate sustainability strategies are additional benefits to implementing a CNG fleet strategy.

Donlen Corporation Establishes New Fleet Lease Securitization Platform

Hertz Global Holdings Inc. announced that its wholly owned subsidiary, Donlen Corporation (Donlen), has successfully completed the establishment of a new fleet lease securitization platform, Hertz Fleet Lease Funding LP (HFLF) to finance its U.S. fleet lease operations going forward. The new HFLF financing platform also provides for the issuance from time to time of medium term asset backed notes.

Hertz Equipment Rental Teams with Donlen to Launch HERC Ready Finance

The Hertz Corporation and Donlen announced the launch of HERC Ready Finance(TM), an equipment acquisition program, in collaboration with Hertz Equipment Rental Corporation. HERC Ready Finance combines the financial expertise of Donlen with the breadth of available resources from Hertz Equipment, to provide the broadest range of products and funding options available in the fleet industry. Hertz Equipment's commercial customers now have access to one-stop-shopping for financing and assets across a full spectrum of equipment and trucks. This is the second product launched by Hertz and Donlen that leverages the strength of their relationship. Previously, Hertz Value Lease(TM) was introduced to the market, providing the fleet industry's first true leasing alternative product. By virtualizing the Hertz rental inventory and making it available to their customers for lease, commercial fleets can finance quality, pre-driven vehicles for a shorter time at a lower cost.

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