Shiebler tabbed to lead Crossroads Equipment Leasing

Velocity Vehicle Group has hired Howard Shiebler to lead Crossroads Equipment Leasing and Finance, LLC, a leading lender/lessor providing financing for the transportation industry.

“Howard brings a leadership and entrepreneurship background that will help us grow and diversify our Crossroads business,” says Brad Fauvre, co-founder at Velocity Vehicle Group.  “His experience with GE Capital includes aircraft, transportation, and general equipment finance and leasing to the middle market, asset based and cash flow senior debt financing, and most recently inventory finance.  His experience and enthusiasm to drive growth in new markets will be critical to our continued successful growth at Crossroads.”

Shiebler and his family most recently returned to California after leading GE Capital’s Commercial Distribution Finance business in Canada.

He spent a total of 24 years at GE Capital, and also spent time in senior roles at Mellon Bank and start up Pure Markets, both in San Francisco, Velocity says. 

Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
Used Truck Guide Cover