Commercial Fleet Leasing & Financing


For your business to make money, you need to keep your fleet on the road with safe, reliable fleet lease cars and trucks. But financing your vehicles’ acquisitions and replacements can be a costly and difficult endeavor.

Our seasoned fleet leasing and financing pros are here to help you build your fleet as affordably and hassle-free as possible. Our team will customize a vehicle finance strategy that aligns with your specific business goals and financial parameters. As a privately-owned fleet leasing company, we’re able to work closely with you to develop a plan that’s personalized for your organization, no matter the size of your fleet.

Only pay for what you use - Vehicle Life Cycle

Best practice for keeping vehicle fleet costs low is a designing a strategy for replacing vehicles before they start to lose your business money. This video explains the fundamentals. By using national as well as empirical data, Mike Albert has created a detailed system to strategically prioritize vehicle lifecycles and replacement (when to buy, sell, or trade your fleet vehicles) decisions. Mike Albert Fleet Solutions’ experience drives the right results for achieving true cost optimization.


Unlike vehicles for personal use, work vehicles are business assets. As such, most of our fleet clients choose to lease their fleet vehicles instead of buying them. Opting for fleet lease cars and trucks is a more flexible alternative that optimizes your business cash flow and helps minimize your total cost of ownership.


Our 60+ years of experience has taught us that the best way to win a client’s business for the long run is through exemplary personal service. That means service that’s delivered by a team of fleet leasing and financing experts that are as nimble and knowledgeable as they are attentive and helpful.

You deserve better than a cookie-cutter solution.

We look at your unique commercial vehicle financing needs by assessing your current fleet vehicles and their utilization, as well as your industry, operations and budgeting factors. Then we collaborate with you to determine the lease type, terms, rates and conditions that best suit your business objectives while minimizing your out-of-pocket expenses.

We understand that changes in your business and the economy over time may require adjustments to your vehicle financing strategy. Our team is always at the ready to make modifications that help you keep your fleet up and running safely and cost-efficiently.

Avoid overpayment with our matched depreciation

Most commercial vehicle leases are configured to depreciate quickly in a straight line down to $0. But vehicles still have value at the end of their leases. That’s why we match your vehicle’s depreciation to the remaining book value at the end of your lease, saving you from overpayment. In fact, with matched depreciation, many of our clients save up to $150 per month per vehicle.

Free up more cash with our purchase lease-back program

If you’re like many of our clients, your business could benefit from a cash infusion. We can make that happen. More often than not, we find positive equity tied up in a client’s existing fleet. We can unlock that cash by purchasing your fleet and leasing it back to you.

The benefits you can reap:

  • Instant cash - We cut you a check for the full market value of your fleet, which you can use to hire additional employees, lease additional vehicles, invest in technology or marketing, and strengthen your business.
  • Reduced cash outflow - Typically, your monthly payments will be lower.
  • Improved budget control - Our experts provide an optimal vehicle cycling strategy to minimize maintenance expenses and ensure your fleet costs are always manageable.
  • Streamlined management - With all your vehicles with Mike Albert, cost-efficiency is maximized and management is simplified.


On a strict budget? Need to know your total cost of ownership up front? Can’t afford to be exposed to market price volatility, rate fluctuations or seasonal resale factors? A closed-end lease may be your best answer.

With a closed-end lease, you can protect your business from residual risk by returning the vehicles at lease-end with no resale obligation. Mike Albert assumes the risk that comes with the depreciation and remarketing of your vehicles.

As a leader in closed-end leasing, we provide more flexibility in terms of mileage by offering you two different options: our mileage credit program and our unlimited mileage program.


An open-end lease has a minimum term (typically 12 months) which you can terminate anytime after the term ends. When you do, you can either purchase the vehicle for the residual value or turn it in for resale. In that case, if the market value exceeds the residual value, you receive the gain. If the market value is less, you pay the difference.

An open-end lease may be the best solution for your business if:

  • You have remarketing expertise and want to try to resell your vehicles for a profit.
  • Your vehicles have been specially upfitted for on-the-job tasks.
  • Your fleet has frequently changing needs.
  • Your vehicles are subjected to rough usage.
  • You’re a private equity owned company.

To better fit your financing preferences, we offer two types of rates on our open-end leases: floating and non-float.

Learn more about the differences of choosing between open or closed-end fleet leasing.


1. What is fleet leasing?

Fleet leasing, sometimes known as commercial vehicle leasing, is the low-risk funding strategy businesses use to acquire costly fleet vehicles and equipment.

Similar to a private lease, an agreement between lessor and lessee allows the entity to pay 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 lease their fleet 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

2. What is fleet financing?

Fleet financing describes the creative funding solutions that take into account 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 structured to meet the client’s needs for depreciation, cash preservation, mileage requirements, or upfit needs.

3. How do I choose a fleet leasing company?

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:

Managing your fleet means understanding your business goals and how to leverage them with your fleet.

4. What industries are best for fleet leasing?

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


Use our fast and easy online solution finder tool to get a personalized rundown of our services that can help you the most. All you have to do is answer a few questions by selecting the response(s) that best describe your situation.

Get a free fleet assessment

We’ll evaluate the overall status of your current fleet by sizing up the true value and operating costs of your vehicles and how they’re typically used. Then we’ll help you create a customized fleet profile and preliminary vehicle life cycle strategy that achieves your business goals.

Simply provide your contact information and one of our fleet experts will get in touch with you to start your free assessment.

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