Weekly lease-to-own
Drivers on apps like Uber and InDrive pay a weekly fee with maintenance, insurance and GPS included. At the end of the term, the vehicle is theirs.
Business model
How SmartDrive makes money
Three business lines on the same electric fleet and the same platform for payments, GPS and maintenance.
Electric fleets at a fixed fee
Lease-to-own for delivery, transport and service companies, with no down payment and everything included.
Electric transfers and tours
Airport transfers and day tours across El Salvador in an electric van, with SmartDrive drivers.
From capital to weekly payment
- CapitalThe investment buys vehicles
Electric cars, vans and motorcycles for ride-hailing, companies and tourism.
- SelectionVerified drivers
Identity, income, references and a test drive. A risk model sets each driver's weekly amount.
- OperationPayment every week
The app reads the receipt and the team confirms it on the platform. Late payments carry defined fees.
- ControlGPS and remote immobilizer
The whole fleet is tracked. If a driver stops paying, the vehicle is immobilized and recovered.
- ContinuityImmediate reassignment
The vehicle goes to someone on the waiting list and keeps generating income.
- ResultReturns for the investor
Weekly payments support the fixed 10.5% annual return, tax-free, set in the contract.
Everything runs on our own platform: the driver app, the payments panel, GPS, maintenance and risk assessment.
Impact
Returns that also change lives
215 tless CO₂ every year
26active drivers on their way to owning their vehicle
100%of the fleet at work
30+jobs created
Want the full detail?
The investment memorandum has the complete model, the terms of the SMD1 token and the growth plan.