Company
Rentatruck has made setting up a transport and logistics business easy for novice or busy people.
STEPS
We buy vehicle based on mobility or logistics contract requirement. The vehicle is registered, insured, tracked, deployed and sold off to an intending buyer, with an MoU, to lease back, on a monthly rental fee.
The company takes responsibility for driver welfare, vehicle maintenance, initial registration and all operational expenses related to the use of the asset while the Partner earns a fixed monthly return and retain ownership of vehicle
The Partner has an option to renew contract or withdraw and sell off vehicle, upon maturity of the initial 18 months contract.
Our operation is exposed to 4 major risks
that
may result in loss or damage to a vehicle;
Road accident which may result in total write-off of vehicle; severe damage on vehicle caused by natural
disaster; theft of vehicle by criminals, rogues or robbers and fire accident that may render a vehicle
totally useless.
To manage such inevitable eventualities we had established strong Partnership with Arms Assurance Plc
through Comprehensive Insurance Policy for every vehicle we deploy. And the vehicles are fully tracked with
telematics technology to monitor transit and restrict movement where necessary.
We are going to be responsible for all the foregoing, as we manage your vehicle on our platform.