Fleet Advantage has expanded its Trailer Lease Program, which enables flexible trailer lease solutions that provide a lower Total Cost of Ownership (TCO).
Fleet Advantage says the expanded program offers enhanced trailer flexible financing options for America’s top heavy-duty truck fleets. As the industry pioneer in asset management for Class 8 vehicles, Fleet Advantage has been a significant partner in the transportation industry, having leased 1 out of every 42 tractors in the last 10 years in the United States, with roughly 30,000 assets under management. Fleet Advantage states it also leverages its expertise in advanced data technology and flexible finance programs to provide a lower TCO when adopting flexible lease terms to trailers.
“This integrated approach demonstrates Fleet Advantage’s commitment and dedication to providing holistic, tailored solutions that enhance efficiency and productivity in the heavy-duty fleet industry,” says Brian Holland, president and CEO. “This holistic approach enables companies with transportation fleets to optimize their trailer assets, reducing total cost of ownership while maximizing operational efficiency. By combining financial flexibility with strategic asset management, we're empowering our customers to make smarter long-term investments in their fleet, ultimately driving profitability and sustainability in an ever-evolving market."
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With Fleet Advantage’s industry-leading flexible financing programs, the company now offers Terminal Rental Adjustment Clause (TRAC) financing for trailers in addition to other leasing options, providing fleet customers with more flexible and advantageous leasing arrangements. This new program leverages the expertise of Fleet Advantage’s award-winning finance and fleet services specialists, who collaborate closely with leading OEMs and dealers to develop unique specifications that meet the diverse needs of its clients. The company says this approach also extends to flexible lease structures for customer-preferred original equipment specifications, ensuring that each trailer is optimized for its intended use.
Furthermore, the company’s well-established working relationships with leading trailer manufacturers and trailer types, lift gate providers, and differential ramp system suppliers allow Fleet Advantage to offer comprehensive solutions that cover all aspects of trailer customization and outfitting, the company states.