DriveItAway Launches Innovative Lease Program for Small Businesses

DriveItAway Launches Innovative Lease Program for Small Businesses

In a strategic move to support small commercial fleet owners, DriveItAway Holdings, Inc. (OTC Markets: DWAY) has introduced an exciting new initiative known as the "DriveItAway Business Preferred" program. This program aims to provide a flexible leasing alternative, addressing the unique needs of small businesses that require access to vehicles but may struggle to secure traditional financing.

Meeting the Needs of Small Commercial Fleets

DriveItAway's latest offering is a game-changer for around 12-15 million locally-owned small businesses seeking immediate access to SUVs, trucks, or vans without being burdened by long-term financial commitments. The flexible lease subscription model eliminates credit thresholds and allows businesses to obtain quality vehicles tailored to their specific needs.

Partnership with Fleet-Connection

To enhance the impact of this new program, DriveItAway has partnered with Fleet-Connection and its founder, Sherb Brown. Brown, a highly respected figure in the fleet industry and former president of a leading media company, brings invaluable experience to the initiative. This collaboration aims to connect small fleet owners to exceptional leasing opportunities while overcoming traditional financing obstacles.

Understanding the Financial Hurdles

DriveItAway's CEO, John F. Possumato, emphasizes that many small businesses face challenges when attempting to finance the vehicles they need. Lenders often require established credit histories, leaving newer or smaller enterprises at a disadvantage. This is where the "Business Preferred" program steps in, providing a no-obligation, flexible leasing option designed specifically for businesses with seasonal or contract work requirements.

Flexible Solutions for Business Success

As small businesses navigate the complexities of acquiring commercial vehicles, DriveItAway’s program offers an optimal solution. With the ability to lease vehicles temporarily without the long-term commitments associated with traditional purchases, companies can remain agile and responsive to changing demands. The DriveItAway Business Preferred program is ideal for businesses doing contract work for limited timeframes, allowing them to obtain necessary vehicles without the stress of financial constraints.

John F. Possumato’s Vision

Possumato's vision for DriveItAway extends beyond introducing an innovative leasing program. He acknowledges the need for strong industry alliances, which has been a key focus for the company this year. Under his leadership, DriveItAway is positioned to revolutionize how small businesses approach vehicle leasing, making the process simpler and more accessible.

Upcoming Industry Engagements and Visibility

DriveItAway plans to showcase its initiatives at various automotive events, allowing Possumato to connect with industry stakeholders and potential clients. These events include the Auto Intel Summit and National Vehicle Leasing Association Annual Conference, where he will share insights about the new leasing program and its benefits to small fleets.

Innovative Technology and Support

The success of DriveItAway’s program relies heavily on its proprietary technology and support systems for dealerships. The company ensures that clients receive comprehensive services, from streamlined application processes to robust training, allowing dealerships to quickly adapt to emerging online markets. This support contributes to the overall effectiveness and profitability of small businesses utilizing the program.

About DriveItAway Holdings, Inc.

DriveItAway Holdings, Inc. stands out as the first mobility platform focused on dealerships that promotes efficient vehicle sales through innovative eCommerce solutions. By fostering flexible lease options and providing necessary support and technology, DriveItAway is paving the way for automotive dealers to thrive in an evolving marketplace.

Frequently Asked Questions

What is the DriveItAway Business Preferred program?

The DriveItAway Business Preferred program is a flexible lease subscription service designed for small commercial fleet customers, allowing them to access vehicles without long-term commitments.

Who can benefit from this leasing option?

Small businesses that require vehicles for limited periods, such as seasonal or contract work, can greatly benefit from this leasing option.

How does this program help small businesses?

It eliminates traditional credit requirements, making it easier for newer or smaller businesses to obtain the vehicles they need without financial stress.

What should business owners know about the partnership with Fleet-Connection?

The partnership with Fleet-Connection brings industry expertise and a robust marketing engine to support small fleet owners in accessing the program and improving their visibility in the market.

How can I learn more about DriveItAway and its services?

Interested parties can visit DriveItAway’s website or participate in industry events where CEO John F. Possumato is a featured speaker to learn more about their offerings and initiatives.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

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