Fleet Advantage, a truck fleet business analytics, equipment financing, and lifecycle cost management provider, announced the addition of Mike O'Hare to the company's Business Development team. He will be responsible for launching a new business development initiative with finance partners looking to add value to clients in the transportation sector.
As banks continue to look for innovative ways to differentiate themselves from their competitors, Fleet Advantage can fill a critical need by providing value-added insight to help bank partners identify opportunities for their clients to improve their operational efficiencies and reduce expenses, giving them a leg-up over their competition who are solely selling the lowest rate.
"Originally Fleet Advantage was launched as ‘The Future of Truck Leasing’. As we gathered and analyzed billions of miles’ worth of data from our client’s fleets, we realized many additional areas of previously untapped savings. Subsequently, we updated our tagline to ‘Data Driven Solutions’ and today are changing the mindset of the transportation industry; helping fleet operators make better decisions about their fleets using actual data from their own trucks and business intelligence tools to ensure them the lowest cost of operations,” said Brian Holland, President and CFO of Fleet Advantage. "Now we are creating an alliance with our finance partners to help them offer these services to their banking clients as well. O’Hare will be a great addition to our team as his background is specifically aligned with this goal.”
O'Hare has more than 30 years of experience in the leasing industry and was most recently senior vice president at SunTrust Equipment Finance where he established their vendor vertical sales program. He has extensive experience providing technology solutions, creating new business opportunities, and developing strategic cross-selling initiatives.