USXP to offer fleet leasing

March 8, 2002
Universal Express said its USXP Capital subsidiary has developed a nationwide van and truck leasing program for small businesses. The program will provide private postal stores and small-business operators access to the same fleet pricing, finance programs, and related services as major national logistics firms are offered. All trucks and vans leased will be branded with Universal Express' logo and
Universal Express said its USXP Capital subsidiary has developed a nationwide van and truck leasing program for small businesses.

The program will provide private postal stores and small-business operators access to the same fleet pricing, finance programs, and related services as major national logistics firms are offered. All trucks and vans leased will be branded with Universal Express' logo and lessees will have the option to place their own signage on these vehicles as well, the company said.

New York City-based USXP said its program consists of a 5.5% APR commercial lease of up to 60 months with no restrictions, access to fleet pricing, and nationwide courtesy delivery. Vans and trucks are available from all three domestic manufacturers - General Motors, Ford Motor Co., and Chrysler - along with 45-minute application processing and fleet maintenance options, USXP said.

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