The Customer:

$10Bn Auto and Truck Rental Company

The Complexity:

  • The need to react to shifting delivery schedules, funding requirements during supply chain uncertainty, and high demand for the vehicles
  • Process Titled vehicles in multiple states
  • Maintain seamless operations for a company that is changing out an aging fleet while ramping up operations post-pandemic
  • Win a highly competitive transaction

The Clarity

  • Highly competitive financing for a $10Bn revenue BB credit and strong collateral
  • A separate progress funding facility offloading vendor management workload and improving cash flow from the initial phases of the project.
  • Structured flexibility at the end of term to provide asset management options for the client
  • Maintain a long-standing relationship with the client over numerous schedules and asset life cycles