After seeing the number of its locations double in four years, Paccar Leasing Company (PacLease) continues its rapid expansion with the announcement of 14 new locations throughout the U.S. and Canada.
This brings the PacLease location total to 328.
"Our location growth has been outstanding," said PacLease President Bob Southern. "Paccar dealers are looking for more ways to serve their customers and markets-and full-service leasing offers that opportunity."
PacLease's fleet size has doubled over the past five years and the new locations position the company well for further growth. "Even during uncertain economic times, companies continue to turn to full-service leasing for the benefits of off-balance sheet financing and having their trucks cared for by experienced technicians," Southern said. "Based on historical data, we know that the truck leasing market typically expands at a faster rate than the rest of the industry during strong truck buying markets. We're beginning to see that happen now and expect to continue this momentum as companies consider the upcoming 2010 engine change."
This brings the PacLease location total to 328.
"Our location growth has been outstanding," said PacLease President Bob Southern. "Paccar dealers are looking for more ways to serve their customers and markets-and full-service leasing offers that opportunity."
PacLease's fleet size has doubled over the past five years and the new locations position the company well for further growth. "Even during uncertain economic times, companies continue to turn to full-service leasing for the benefits of off-balance sheet financing and having their trucks cared for by experienced technicians," Southern said. "Based on historical data, we know that the truck leasing market typically expands at a faster rate than the rest of the industry during strong truck buying markets. We're beginning to see that happen now and expect to continue this momentum as companies consider the upcoming 2010 engine change."
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