Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing, and life cycle cost management (LCCM) announced it secured a total of $223 million in truck lease syndications during its 2020 fiscal year ending on June 30, with an additional $89 million in syndications volume during its fiscal Q1 ending September 30.

Truck lease syndication through Fleet Advantage is important because the company has exclusive program agreements with the top U.S. lenders enabling access to critical funds. Fleet Advantage leverages the company’s bank partnerships with their market expertise to secure access to abundant capital and lower financing costs for their clients.