FLEET LEASING & FINANCING
Our seasoned leasing and financing pros are here to help you build your fleet as affordably and hassle-free as possible by customizing a funding strategy that perfectly aligns with your specific business goals and financial parameters. As a privately owned company, we’re able to work closely with you to develop a plan that’s personalized for your business, no matter the size of your fleet.
Commercial fleet leasing FAQs
Fleet leasing, sometimes known as commercial vehicle leasing, is the low-risk funding strategy businesses use to acquire costly fleet vehicles and equipment. Like a private lease, an agreement between lessor and lessee allows the entity to page for depreciation and market value during the time the vehicle is in use. It also allows them to easily change vehicles if theirs is too expensive, or no longer the right fit. Commercial and private entities utilize fleet lease vehicles when they want to avoid the limitations of purchasing. Those limitations include:* Having a big down payment * Accommodating for seasonal profit differences * Avoiding impacts of credit reporting
Fleet financing describes the creative funding solutions that consider the asset needed, the length of service life, and how the client wishes to pay for the use of the asset. True fleet financing is not one size fit all. Fleet financing may look very different from one client to the next based on type of business and financial requirements. It can be in the form of outright purchases or open and closed-end leases. The leases can be structure to meet the client’s needs for depreciation, cash preservation, mileage requirements, or upfit needs.
Select a fleet leasing company that does not discriminate due to the size of the fleet. The company you select should offer a full line of fleet management services, like: * Fuel management * Maintenance management * Telematics Managing your fleet means understanding your business goals and how to leverage them with your fleet.
Any industry that relies on a fleet of vehicles can benefit from fleet leasing. These often include fleets that are used to: * Provide goods & services * Carry passengers * Represent your brand