A.M. Truck & Auto Repair Inc., commonly known as A.M. Fleet, is a family-owned business that buys and sells new and used trucks and offers repair services for commercial trucks. Founded in 1985 by the late Angelo Matarazzo Jr. in Northeast Philadelphia, A.M. Fleet is now run by his sons Mike and Angelo.
As part of its long-standing commitment to provide its customers with financial solutions, A.M. Fleet engaged in a business relationship with Apex Commercial Capital beginning in February 2023. This collaboration has allowed both companies to better serve commercial trucking customers in the Philadelphia area.
With more than 30 years in the commercial lending space, Apex Commercial Capital has helped small businesses achieve their financial goals by offering a wide variety of commercial financing products and services. Apex’s combination of flexible credit underwriting and expertise enables it to provide unmatched support for the businesses it serves.
Likewise, A.M. Fleet has been a prominent figure in its community for three-plus decades, renowned for its commitment to providing quality services at affordable prices. The relationship with Apex Commercial Capital is viewed not just as a business arrangement but as an extension of A.M. Fleet’s commitment to its values of quality, affordability, and customer service.
Customer-Centric Approaches Drive Growth and Loyalty
The collaboration with Apex Commercial Capital is part of A.M. Fleet’s strategy to simplify and enhance the financing process for its customers. As the primary lender for A.M. Fleet, Apex brings a streamlined, efficient approach to offering financial services that has been instrumental in boosting A.M. Fleet’s sales and customer service quality.
The impact of this working relationship is most evident in the convenient financing process. Apex offers same-day approvals, which allows the customers to access their vehicles within 24-48 hours of signing. Apex appreciates that every minute counts when it comes to running a business.
“Customers’ businesses thrive by having upgraded vehicles,” said Mike Matarazzo, A.M. Fleet’s Vice President of Sales. “This, along with the knowledge and ease of the finance process Apex provides, increases our reputation as a seller and builds customer loyalty and referrals.”
A.M. Fleet’s decision to work with Apex Commercial Capital is fueled by a shared commitment to foster local customer loyalty and business opportunities. This approach not only helps in building a dedicated customer base but also enhances A.M. Fleet’s reputation as a dependable seller and service provider.
Long-Term Commitment to Quality and Community Service
As the business landscape evolves, A.M. Fleet remains dedicated to maintaining its ethos of community service and high standards of operation. Working with Apex Commercial Capital exemplifies A.M. Fleet’s adaptive strategy to meet changing market demands while staying true to its mission of family-oriented business and community service.
“I think one of the main reasons that we work so well together with the team at A.M. Fleet is due to our roots in Northeast Philadelphia,” said Pat Hasher, the Apex Commercial Capital account executive who manages the relationship with A.M. Fleet. “It only makes sense for a successful, family-owned small business to work with a subsidiary of Philadelphia’s Hometown Bank (Firstrust Bank).”
In addition to being deeply rooted in Northeast Philadelphia’s business community, A.M. Fleet is committed to the community at large. Each year, it hosts The Angelo Matarazzo Jr. Cancer Benefit with all money raised being donated to local families affected by a loved one with cancer.
A Winning Arrangement
The collaboration between A.M. Fleet and Apex Commercial Capital is a testament to how strategic connections can enhance business capabilities and customer experiences in the commercial truck fleet industry. This relationship not only underscores A.M. Fleet’s commitment to innovation and customer satisfaction but also strengthens its position in the market.
In addition to providing its customers with an additional financing option, A.M. Fleet’s business relationship with Apex Commercial Capital also allows Apex to grow, giving it the opportunity to develop new, local relationships and to help those businesses achieve their goals.
Learn more about how Apex Commercial Capital is helping small businesses with its array of commercial financing products and services.
