DriveItAway Holdings has formed several partnerships and relationships this year to grow its “micro-lease to purchase” technology.

But the partnership announced this week might be having the most impact on DriveItAway CEO John Possumato as the company has partnered with AllShifts, a leading national healthcare staffing firm, to help on-demand nurses secure affordable, quality personal transportation, regardless of credit score or down payment.

Possumato acknowledged that reliable, quality personal transportation isn’t just a convenience, but an absolute necessity, for these on-demand nurses who work through AllShifts.

“There are professions in the U.S. where reliable personal transportation is vital, and on-demand nursing, so important to the healthcare industry, is one of these occupations,” Possumato said in a news release.

“Yet before DriveItAway, those credit challenged without a substantial down payment were shut out of purchasing a new or late model quality vehicle and relegated to driving unreliable ‘junkers’ or relying on bus transportation or expensive Uber or Lyft costs,” he continued.

“We are overjoyed to be partnering with AllShifts to solve this problem for on-demand nurses, enabling access to new and late model used vehicles immediately, regardless of credit score or down payment…drive now, with an option to buy at any time,” Possumato went on to say.

DriveItAway technology is a software platform and app designed for automotive retailers. It designed to reduce the risk associated with subprime or deep subprime credit transactions for both dealers and drivers, leading to satisfied customers and an increase in market share, converting “turn-downs” into happy customers.

Previously DriveItAway formed a partnership announcement with Partners Personnel, an industrial staffing and workforce solutions provider. DriveItAway now is expanding its goal to enable folks to get to the job by partnering with AllShifts.

“We are very pleased to partner with DriveItAway to enable all of our dedicated nurse personnel access to easy, transparent, quality transportation so that they can focus on the job, their career, and personal growth,” AllShifts CMO Jay Harris said in the news release.

“A reliable vehicle is important for on-demand nurses as they need to get to the facility without fail, which benefits both our staff, our clients and the people they care for. We look forward to offering this unique benefit to our current and future AllShifts employees,” Harris went on to say.

And DriveItAway also has more resources to help its partners since the company previously highlighted that its owned or managed vehicle fleet grew more than 36% month-over-month from June to July.

“For a long time, the effects of the pandemic constrained vehicle supply, combined, during that period, with high used car values and easy credit, which allowed more people access to purchase vehicle. Now however it’s almost a ‘perfect storm’ in the other direction, as interest rates are the highest in decades and vehicle prices remain high and credit has tightened dramatically,” Possumato said in another news release.

“Despite plenty of inventory, fewer people can now afford to buy or replace their vehicle with conventional financing or leasing, and those with poor credit or little cash are virtually shut out of the market, despite a pressing need for personal transportation,” he continued.  “Now with our platform available to all approved car dealers that are dedicated to expanding market share and enabling their customers that would be turned down for credit to drive away in a new or late model vehicle, I believe we are experiencing the very early stages of sustainable, surging growth for our services all across the U.S.

“As the benefits of our program become more visible, the growth sustains itself, as there are very few good alternatives for those shut out of the conventional finance or lease market, our potential market is vast,” Possumato went on to say. “Since approximately 20-25% of U.S. consumers have subprime credit (below a 600 FICO score), which represents 16% of the population, representing over 50 million consumers, the target market is truly vast for our unique solution.”