What is Fast Track Leasing?
Fast Track Leasing, operating under the name Fast Track Mobility, specializes in providing TLC rentals and car rentals within New York City. The company offers a diverse fleet of vehicles specifically equipped for rideshare drivers, catering to both new and established drivers seeking to rent TLC plates or fully outfitted TLC-ready cars. Their business model emphasizes affordability and rapid service delivery, complemented by personalized customer assistance and round-the-clock emergency roadside support. Fast Track Mobility's core objective is to streamline the onboarding process for drivers aiming to join major ride-sharing platforms such as Uber and Lyft.
How much funding has Fast Track Leasing raised?
Fast Track Leasing has raised a total of $929K across 2 funding rounds:
Debt
$350K
Debt
$579K
Debt (2020): $350K with participation from PPP
Debt (2021): $579K led by PPP
Key Investors in Fast Track Leasing
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Fast Track Leasing?
The recent major strategic investment signifies a pivotal moment for Fast Track Leasing, positioning it for accelerated growth and market penetration. This capital infusion is expected to bolster fleet capacity, enhance technological infrastructure for rental management, and potentially expand service offerings to new geographic areas or customer segments. The company's focus on the burgeoning rideshare economy, coupled with its commitment to driver support and operational efficiency, suggests a strategic direction aimed at solidifying its market leadership and exploring further avenues for capital to fuel its expansionary trajectory.
See full Fast Track Leasing company page
