Company Recognized in the Sustaining Category on Monitor’s Second Annual Most Innovative Companies List
FORT LAUDERDALE, Fla. (March 14, 2022) – Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing, and life cycle cost management (LCCM), announced today that the company has been named one of Monitor’s 2022 Most Innovative Companies in Equipment Finance for the second consecutive year.
Monitor’s 2022 Most Innovative Companies in Equipment Finance award recognizes the most innovative companies in the equipment finance ecosystem within various industries including transportation and logistics. Fleet Advantage uses the principle of innovation as a foundation to encourage philosophical change within the transportation industry, as well as the chance to help its clients become more agile and adapt to changes in the market. As ongoing pandemic-related drastic logistical challenges have continued to impact the supply chain, Fleet Advantage continues to add significant value for their customers through their Sale-Leaseback Program. The program offers cash for immediate needs as well as a procurement strategy to combat current build slot limitations.
The Sale-Leaseback program was implemented following the onset of the COVID-19 pandemic, and immediately helped improve the cash flow for several Fleet Advantage clients.
Fleet Advantage’s innovative focus also helps clients achieve their ESG goals. The company’s model of TCO, clean diesel and safety-enhanced trucks with shorter life cycles and flexible finance options complement each customer’s ESG goals. Fleet Advantage also develops innovative technologies, analytics and programs with their customers in mind. The company leverages its deep-rooted industry expertise and close relationships with customers to identify solutions that quickly adapt to the changing economy.
“We are thrilled to be recognized again by Monitor as one of the most innovative companies in the equipment finance industry,” said Brian Holland, CFO and President. “For well over a decade we have been a pioneer in flexible lease finance options, and through our innovative technologies, analytics and programs, we remain committed to helping our clients and encouraging philosophical changes for asset management within the transportation industry.”
Please read about Fleet Advantage in the January/February 2022 issue of Monitor magazine, and also check out the company’s feature article on driving America’s businesses forward with proactive ESG strategies.
About Fleet Advantage
Fleet Advantage is the largest independent lessor for heavy-duty Class-8 trucks and has over $1.8 Billion of assets under its Life Cycle Cost Management (LCCM) program. We serve America’s top corporate fleets, including 5 of the top 10 private fleets in the country. Fleet Advantage guarantees the absolute lowest cost of operation by providing fleet asset management, financing solutions, and fleet analytics, using the latest equipment technology to achieve optimum vehicle productivity and maximum safety. Our model of TCO, clean diesel, and safety-enhanced trucks with shorter life cycles complement our customers’ ESG goals. The accomplishments of Fleet Advantage and our leadership team continue to be recognized for tremendous growth and industry leadership with numerous awards, including Top Private Independent and Most Innovative Firm by the Monitor Daily, Top Software & Tech Awards, Top Women Associates in Finance, and Green Supply Chain Awards to name a few. The company has also been named to Inc. magazine’s 500|5000 list of fastest growing companies in the nation, and CEO John Flynn was a recipient of the Ernst & Young Entrepreneur of the Year® Florida – Emerging Category award.