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Fleet Advantage expands fleet asset management offering

Lessor manages more than $3B in assets, 30,000 units

Equipment Finance News, AI AssistedbyEquipment Finance News, AI Assisted
September 30, 2025
in Lender Operations
Reading Time: 1 min read
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Fleet Advantage has launched its Asset Performance Team, a resource to strengthen its asset management offerings for private fleets and food service distributors.

The team grows the company’s internal expertise with transportation professionals who provide end-to-end fleet lifecycle support, including vehicle acquisition, operational management and end-of-life disposal, according to a Fleet Advantage release today.

It integrates Fleet Advantage’s OffLease Reimagined software to deliver transparency in remarketing and help fleets turn complex management processes into strategic advantages.

Designed to support operations leaders, finance departments and the C suite, the Asset Performance Team initiative enhances Fleet Advantage’s ability to help clients reduce costs, streamline operations, and align fleets with broader financial and strategic goals amid increased trucking industry challenges.

The largest independent Class-8 truck lessor, Fleet Advantage manages more than $3 billion in assets and more than 30,000 units, according to the release. Over 50 top U.S. corporate fleets, including five of the top 10 private fleets, are represented in the company’s portfolio.

Register here for the free Equipment Finance News webinar “High-priced used equipment inventory: The no-man’s land of equipment finance,” set for Tuesday, Oct. 21, at 11 a.m. ET. 

Tags: commercial financingequipment financeFleetFleet Advantage
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