B2B Payments

Cartelligent Adds Fleet Service

The California-based car purchasing service Cartelligent has announced a new focus to service businesses. The company revealed Tuesday (March 24) that in addition to its B2C business model, Cartelligent will now service small businesses in the state looking to access fleet vehicles.

The service, Cartelligent said, will be named Cartelligent Fleet and lets business customers purchase or lease a vehicle with a single phone call. Service experts secure the vehicle, negotiate a purchasing price for the company, then deliver it to the business directly.

Cartelligent Fleet, the company said, will not require business customers to purchase any further services from the firm, and there are no contracts that lock business customers into working with Cartelligent Fleet in the future.

The new B2B business model is a response to Cartelligent CEO Jeff Asch’s own experience struggling with fleet processes. “I come from the construction industry,” he said in a statement. “I know firsthand how frustrating it can be to spend hours on vehicle acquisition that could be better spent running a business. Cartelligent Fleet solves that problem.”

The tool is aimed specifically at California small- and medium-sized businesses, Cartelligent said. Until now, the company has only focused on a B2C business model and, since 2000, said it has facilitated vehicle purchases for more than 20,000 clients in the state.


New PYMNTS Report: Preventing Financial Crimes Playbook – July 2020 

Call it the great tug-of-war. Fraudsters are teaming up to form elaborate rings that work in sync to launch account takeovers. Chris Tremont, EVP at Radius Bank, tells PYMNTS that financial institutions (FIs) can beat such highly organized fraudsters at their own game. In the July 2020 Preventing Financial Crimes Playbook, Tremont lays out how.

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