Paragon SME Lending has expanded its partnership with Otto Car through a £1.3m funding agreement, supporting the continued growth of Otto’s electric vehicle fleet and reinforcing momentum across the UK fleet finance market.
Zeti is proud to support the partnership by providing the technology and infrastructure that helps connect capital with real-world fleet operations. As fleet models scale, the ability to align financing with asset performance and operational data becomes increasingly critical for lenders and operators alike.
This agreement reflects a broader shift in fleet finance towards structures that prioritise transparency, confidence in asset performance and long-term value creation. By enabling stronger alignment between capital providers and operators, partnerships like this help unlock sustainable growth across the sector.
Zeti looks forward to continuing to work alongside Paragon SME Lending and Otto Car as the market evolves.
Read the full industry coverage on Finance Connect.