How Much Did Coffman Truck Rentals & Leasing Raise?
Funding & Key Investors

Coffman Truck Rentals & Leasing has secured $951K in total capital, with a recent strategic investment of $601K announced on January 28, 2021. This major enterprise-level funding underscores the company's significant position in the commercial vehicle sector. The latest financing round follows a previous debt financing of $350M in April 2020, indicating a consistent strategy for capital acquisition to support its operations and growth initiatives.

What is Coffman Truck Rentals & Leasing?

Coffman Truck Rentals & Leasing
RetailAutomobile DealersAutomotive Service & Collision Repair

Established in 1976 and headquartered in Dothan, AL, Coffman International, operating as Coffman Truck Rentals & Leasing, is a comprehensive provider of truck sales, parts, service, rental, and leasing solutions. The company specializes in International and Mitsubishi trucks, offering a diverse fleet of rental straight trucks, tractors, and trailers. Coffman International is recognized as a premier truck dealer in its region, committed to delivering high-quality transportation products and services to a broad client base seeking reliable commercial vehicle solutions.

How much funding has Coffman Truck Rentals & Leasing raised?

Coffman Truck Rentals & Leasing has raised a total of $951K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$601K

Debt (2020): $350K with participation from PPP

Debt (2021): $601K led by PPP

Key Investors in Coffman Truck Rentals & Leasing

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Coffman Truck Rentals & Leasing?

The recent major strategic investment signals a pivotal phase for Coffman Truck Rentals & Leasing, likely aimed at expanding its fleet, enhancing service capabilities, or entering new markets. Given the enterprise-level nature of its total funding, the company is well-positioned for significant scaling and operational enhancements. Future developments may include strategic partnerships, technological integration for fleet management, or further diversification of its rental and leasing offerings to meet evolving industry demands.

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Frequently Asked Questions Regarding Coffman Truck Rentals & Leasing Financial Insights

What are the most recent funding rounds that Coffman Truck Rentals & Leasing has completed, and what were the funding rounds?
Coffman Truck Rentals & Leasing has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Coffman Truck Rentals & Leasing has raised to date?
Coffman Truck Rentals & Leasing has raised a total of $951K in funding to date.
How many funding rounds has Coffman Truck Rentals & Leasing completed?
Coffman Truck Rentals & Leasing has completed 2 funding rounds.
How much funding did Coffman Truck Rentals & Leasing raise in its most recent funding round?
Coffman Truck Rentals & Leasing raised $601K in its most recent funding round.
Who are the lead investors in Coffman Truck Rentals & Leasing's latest funding round?
The lead investor in Coffman Truck Rentals & Leasing's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Coffman Truck Rentals & Leasing's history?
The largest funding round in Coffman Truck Rentals & Leasing's history was $601K.
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