Fleet and mobility companies are leveraging working capital solutions to fuel transformation in a sector caught between regulatory pressure and technological disruption.
Working capital utilization in the fleet and mobility segment rose significantly in 2024, with 89% of firms using at least one external working capital solution.
Top performers in the industry realized an average of $15.6 million in bottom-line benefits by using working capital solutions for interest savings, better inventory management, and supplier discounts.
As fleet operators and mobility platforms transition to electric vehicles (EVs), they face the challenge of upfront investment in new vehicles, charging infrastructure, and software systems, requiring a more agile mix of financing tools.