Speed Leasing LLC, which launched April 25, has already originated more than $1 million in leases, Chief Executive Hasham Malik told Powersports Finance, and projects to originate “well over” $2 million within the next month.
“There was a little lull there in the beginning as we worked to get our website and dealer portal running,” he said, but the startup is now beating its expectations.
Speed Leasing had projected to hit the $1 million mark in late August.