Idealease
2 Case Studies
A Idealease Case Study
Border States Industries, an employee-owned electrical supplies distributor, faced a challenge with its fleet of 289 heavy-duty trucks. The company had no disciplined replacement cycle, which led to escalating maintenance costs. This issue was compounded by a recent large acquisition that placed all capital expenditures, including for new trucks, on hold. Idealease proposed a Full Service Lease solution to address this.
Idealease implemented a Full Service Lease that eliminated the need for a capital outlay, allowing Border States to conserve capital for its acquisition. The vendor duplicated and enhanced the company's truck specifications and created a disciplined replacement program. As a result, Border States replaced a large number of aging trucks within budget and can now accurately project future budgets with fixed monthly lease and maintenance expenses.