Fleet Advantage achieves record first quarter
Managed portfolio exceeds $3.7B
Fleet Advantage reported record first-quarter lease originations for its fiscal quarter ending Sept. 30, marking the strongest start in company history.
The Ft. Lauderdale-based provider of specialty financing and fleet analytics credited the performance to its ability to deliver economic value amid tariff volatility, supply chain disruptions and regulatory pressure, according to a Fleet Advantage release today.
Fleet Advantage’s Q1 success demonstrates how advanced analytics, flexible financing and an experienced team are helping fleets “thrive amid economic uncertainty,” Chief Executive Brian Holland said in the release.
The company’s data-driven financing model and flexible life cycle cost management programs help clients mitigate trade risks, reduce total cost of ownership, and improve safety and compliance scores, according to the release. Fleet Advantage’s Truck Reliability and Usage Safety Tracker and new safety index allow fleets to benchmark safety scores and enhance compliance, safety and accountability ratings.
The company’s managed portfolio grew to more than $3.7 billion in assets, up about 23.3% year over year, reflecting broad adoption of its analytics and clean-diesel fleet solutions. About 98% of its clients’ trucks are equipped with new or advanced safety features.
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