Equipment

DriveAtlas launches lease-to-purchase truck program

June 18, 2015

DriveAtlas has launched a lease-purchase truck program that it says is designed to make drivers more profitable and take the initial steps toward owning a tractor. As an official partner carrier of Quality Companies, the program will assist both drivers who have never been an owner operator and those needing to obtain their next truck, Atlas said. Upon leasing a truck, drivers will join the Atlas fleet during one of the busiest seasons of the year, which means they will have the miles and income they need to start off successfully, according to the company.“One of the challenges that owner-operators face in today’s market is not being able to purchase a truck outright due to increasing prices of new equipment,” the company said. “By allowing flexible, low weekly payments, no upfront cost, and 100% driver approval, drivers are able to grow their careers and thrive through this lease-purchase truck program. Providing such options helps reduce turnover for partner carriers and increase credit approval potential for drivers.”“Atlas is dedicated to providing a financially strong, fiscally responsible work option for all of our drivers,” said Jack Griffin, president and COO of Atlas World Group. “Through this program, we can open the door for drivers to obtain a truck lease while also helping them be successful as business professionals holding a position in our direct fleet.”According to the company, if an owner-operator is approved to drive for Atlas, they receive guaranteed approval to lease a truck through Quality Companies. All of the benefits are offered to the driver with no financial obligation to Atlas, the company said. “This program not only allows Atlas and Quality Companies to develop a strong relationship, it also helps give owner-operators the opportunity to lease their own equipment, regardless of past credit history,” said Dean Bowman, director of leasing for Quality Companies. “It’s a great partnership for Atlas and Quality Companies, and a great benefit for all Atlas owner-operators.”