Fleet Management Services
At STI Leasing, we have a dedicated division for funding purchase of motor vehicles. Our fleet management services offers lease or financial services for purchase of trucks, buses and cars. These are specifically meant for corporate or institutional bodies that buy and maintain fleet of vehicles for commercial purchases. Travel agents, tour operators, and transport organizations are typical customers that avail this specialised service. Even many corporate houses and institutes have a fleet of their own for their employees or for providing services such as a hospital. The clientele of STI Leasing’s fleet management services spreads across cities and sectors.
Financing of Trucks
Truck and goods carriages are an important segment of fleet services. Containers, public carriages, tankers, and trailers belong to this category of vehicles. These motorised vehicles are used for transportation of merchandise under contract. These contract carriages are mostly offered on hire purchase for a definite period or term. Ownership of such vehicles lie with STI Leasing till such time as outstanding is still pending. Once this financed amount is covered or paid up, the ownership of this carriage is transferred from STI Leasing to the fleet services company.
Finances provided by us cover cost of chassis, body or both. In many instances these trucks are modified into bullet tankers or containers as per your requirements. There are specialised body builders for customized varieties. Depending on your necessity we work out a moratorium period such that payment for your fleet is never a burden. In most cases you start earning from the second month of procuring goods carriage and are able to only pay us after three months. We being a sensitive company do not want to burden you with monthly hires from ‘day 1’ of your procuring a new vehicle. Collection of dues after an initial gap of three month helps in overcoming your initial burden of rental payment.
Financing of Coaches
Coaches and buses is another area of our fleet management services. Luxury coaches and city buses are the commonest types covered under this category. Similar to trucks, we offer financial services for both chassis and body. Owners spend a considerable sum on decorating bus body, particularly if it meant as a luxury vehicle. This also involves customization of the highest degree and time spent could go beyond a couple of months. As for goods carriages, we also allow a handsome moratorium for buses and coaches. Transport operators, and city bus services are among our important customers.
Financing for Cars
There are several tour operators and travel agencies who are benefitted by our fleet management service. Fleets of cars are maintained by hotels, hospitals, and corporate bodies. Many of these organizations opt for financing and rental schemes as they do not want to divert and block resources by outright purchase of cars. STI Leasing offers the best schemes to suit your exact requirement. You are capable of having a dedicated fleet without having to invest significantly. As ownership of these cars lie with us, your liability is only restricted to timely repayment of rentals. Ownership automatically gets transferred once all outstanding is cleared.
