Fleet Advantage, an innovator in specialty financing, fleet data analytics, fleet management services and life cycle cost management, reached a number of milestones and achievements for its fiscal year ending June 30, with growth in lease origination and syndications.
The company achieved over $1.1 billion in syndicated lease volume during the last 12 months, in addition to accelerating remarketing sales activity directed to approximately 500 new buyers.
Fleet Advantage also added several new data innovations, industry resources and strategic partnerships. The company unveiled its newest data resource, the Unbundled Full-Service Lease Comparative Index, which provides calculations to help private fleets determine whether unbundling their lease structure suits their operation as compared to remaining in a full-service lease which offers severe limitations in financial flexibility.
Its new partnership with FleetNet America by Cox Automotive allowed Fleet Advantage to facilitate fleet maintenance service offerings to private fleets that seek flexible, unbundled lease structure.
Fleet Advantage updated its branding with a new logo, visual identity and tagline: “Asset Management Reimagined.” The team’s contributions and individual accomplishments led to 21 awards and accolades over the last 12 months. Finally, Fleet Advantage continued its focus on supporting communities through a variety of charitable donations, humanitarian activities and supporting causes from its Kids Around The Corner Foundation. It most recently helped over 19 organizations and this year partnered with seven new organizations.
“These program accomplishments help our fleet customers remain highly competitive in today’s challenging market,” Brian Holland, president and CEO of Fleet Advantage, said. “Our team’s commitment to excellence has enabled our private fleet customers to remain profit-driven, and the continuous innovation in data analytics we’ve achieved is a testament to their talent and perseverance. Together, we are shaping the future of transportation and setting new standards in the industry, and I want to thank them for their unwavering dedication and outstanding achievements.”
