Automotive Industry Solutions
By Car Business Veterans
Hourglass Management Corporation
Hourglass Management Corporation (HMC) provides resource management services to a family of companies in the automotive industry: Flexco Fleet Services, Innovative Funding Services, and ZOOMWAREHOUSE.
HMC portfolio companies operate in many corners of the automotive industry including fleet remarketing, personal auto finance, and online vehicle auctions. While the operations of these companies are independent, HMC helps to focus their efforts through shared management, human resource processes, marketing support, and information technology solutions.
Flexco Fleet Services
Flexco Fleet Services has been a leader in the fleet vehicle remarketing industry for over 20 years. Its customizable services create value for Fortune 500 companies and fleet companies by decreasing days-to-sell, providing competitive resale income, and offering no operational disruption.
Flexco’s services include fleet remarketing, employee sales, transportation, title processing, financing, re-fleeting, and like-kind exchanges.
To learn more about Flexco or to schedule a consultation, visit www.flxfleet.com.
Innovative Funding Services
Innovative Funding Services (IFS) is a full-service auto finance company specializing in off-fleet purchase and auto loan refinancing transactions in all 50 states.
Since 2007, IFS has focused on simplifying the vehicle financing process for customers from application through title work while providing personalized customer service.
IFS has a proven track-record with many types of loan transactions, including third-party transactions. Additionally, IFS has expertise with both indirect and direct funding arrangements.
To learn more about IFS, visit www.ifsautoloans.com.
If you would like to partner with IFS or join its network of lenders, visit this page.
ZOOMWAREHOUSE is a public online auction where employees from a network of companies can search and bid on late model fleet vehicles and other cars, trucks and hybrids.
Clients selling on ZOOMWAREHOUSE can set business rules, buying options, timeframes, and guidelines for vehicles. Most vehicles feature a detailed condition reports and extensive photographs of each vehicle.
To learn more about ZOOMWAREHOUSE, visit www.zoomwarehouse.com.
The Hourglass Foundation
The Hourglass Foundation is the philanthropic arm of Hourglass Management and its portfolio companies. It focuses on supporting non-profits so that they can deliver on their missions.
The unique strength of the Hourglass Foundation is its ability to call on the remarketing expertise of Hourglass Management. The Foundation accepts donations of “anything with an axle,” reselling donated vehicles to secure funds for its philanthropic work.
To learn more about the Hourglass Foundation or to make a donation, visit thehourglassfoundation.org.