openPR Logo
Press release

TRYGVE Innovative Business Model, Expanding Its Footprint in the High-Value Asset Leasing Market

12-05-2024 04:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

TRYGVE Innovative Business Model, Expanding Its Footprint

NY - December 5, 2024 - Renowned asset management technology company TRYGVE LLC has launched a new business model, further solidifying its leadership in the high-value asset leasing market. This transformative shift marks a significant milestone for the company, demonstrating its commitment to providing innovative solutions for its clients.

TRYGVE has long been a leader in the B2C consumer leasing market. However, recognizing the need to adapt to a rapidly evolving industry landscape, the company transitioned to a B2B-focused business model. This shift centers on leasing high-value assets such as aircraft, yachts, luxury cars, and other premium assets.

"We are thrilled to introduce our new business model, which will enable us to expand our reach in the high-value asset leasing market," said Michael Robert, CEO of TRYGVE. "Our team has worked tirelessly to develop innovative solutions tailored to the specific needs of our clients. This transformation benefits not only our company but also our partners and customers."

Innovative Supply Chain Model Driving Global Collaboration and Technology Integration

Since 2019, TRYGVE has partnered with its long-term ally CEDG to establish a groundbreaking supply chain model. CEDG oversees the development and management of asset suppliers, ensuring operational stability and compliance. In 2020, the model evolved to include both individual and corporate suppliers. TRYGVE directly leases assets from suppliers and subleases them to global leasing companies, reducing risks for suppliers and stabilizing their returns.

In 2021, TRYGVE, in collaboration with CEDG and strategic partner WYOBIZ, integrated resources from a luxury online retail platform. Suppliers can purchase luxury items directly through the platform and lease them to TRYGVE to generate stable rental income. To date, over 200 individual suppliers and 12 corporate suppliers have participated in this program, promoting the global circulation of high-value assets.

TRYGVE leverages advanced asset tracking technology and comprehensive insurance coverage to ensure the safety and reliability of leasing transactions while significantly improving asset utilization.

CEDG's Managing Director commented, "TRYGVE's model maximizes supplier returns while simplifying asset management complexities. We're also pleased that general consumers can now access this market with lower entry barriers."

WYOBIZ LLC's representative added, "This collaboration has not only enhanced sales performance on our platform but also introduced more consumers to the potential of the leasing market."

Looking Ahead

TRYGVE plans to further expand its operations in European and Asian markets, offering more tailored leasing solutions for individuals and SMEs. The company remains committed to strengthening collaborations with global partners to build a more inclusive and innovative asset management ecosystem.

Media Contact
Company Name: TRYGVE LLC
Contact Person: Michael Robert
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=trygve-innovative-business-model-expanding-its-footprint-in-the-highvalue-asset-leasing-market]
Country: United States
Website: http://trygve-llc.com



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release TRYGVE Innovative Business Model, Expanding Its Footprint in the High-Value Asset Leasing Market here

News-ID: 3774287 • Views:

More Releases from ABNewswire

Best Dive Camera of 2025: DEESPAEK Names the Insta360 X4, Launching a New Strategy for Underwater Creators
Best Dive Camera of 2025: DEESPAEK Names the Insta360 X4, Launching a New Strate …
DEESPAEK, the independent digital product review platform recognized for its hands-on, data-driven evaluations, today announced the Insta360 X4 8K 360 degrees camera as the Best Dive Camera of 2025 [https://www.deespaek.com/insta360-x4-the-best-dive-camera-for-underwater-creators/]. The announcement coincides with DEESPAEK's broader market strategy to expand coverage of underwater imaging and action-creator tools, reflecting the rapid growth of dive content across YouTube, Instagram, and short-form video platforms. The designation follows extensive real-world testing focused on scuba and
Woman-Founded Diamond Spur Provisions & Meats Transforms Holiday Tables with Conservation-Focused Premium American Beef
Woman-Founded Diamond Spur Provisions & Meats Transforms Holiday Tables with Con …
Diamond Spur Provisions & Meats, founded by ranching industry leader Cindy Tolle, offers American families premium pasture-raised beef that supports wildlife habitat restoration across the nation. The company's regenerative ranching practices on Audubon certified land have already restored over twenty-two thousand acres in Arizona alone. As American families finalize their holiday menus and seek the finest ingredients for seasonal celebrations, Diamond Spur Provisions & Meats offers a distinctive proposition that combines
Lamai Medical Clinic Expands Healthcare Services in Lamai
Lamai Medical Clinic Expands Healthcare Services in Lamai
Lamai Medical Clinic has expanded its healthcare services in Lamai to support both local residents and tourists, delivering accessible, professional, and high-quality medical care in the Lamai area. LAMAI BEACH, KOH SAMUI, THAILAND - Lamai Medical Clinic, the trusted healthcare provider serving Koh Samui's second-largest beach community, announces expanded medical services designed to deliver convenient, professional care to the area's diverse population of travelers and expatriates. With enhanced accessibility and comprehensive
Doctor Samui Clinic Expands Healthcare Services in Koh Samui
Doctor Samui Clinic Expands Healthcare Services in Koh Samui
Doctor Samui Clinic, has expanded its healthcare services in Koh Samui to better support local residents and tourists with accessible, high-quality medical care. KOH SAMUI, SURAT THANI, THAILAND - Doctor Samui Clinic, one of the island's premier healthcare providers, announces enhanced medical services designed to meet the diverse needs of Thailand's second-largest island destination. Serving both the vibrant tourist population and established expatriate community, the clinic combines advanced medical capabilities with

All 5 Releases


More Releases for TRYGVE

The 7th Go Digital Energy Annual Conference in Amsterdam will gather major energ …
On the 31st of May - 1st of June, Shell, Equinor, bp, Saudi Aramco, Schlumberger, Petronas, Cognite and others will gather in Amsterdam at the 7th Go Digital Energy Annual Conference and discuss the role of digitalisation in the energy sector and how digital solutions could help the industry navigate energy transition while facing an energy crisis. According to the IEA, digitalisation is already improving the safety, productivity, accessibility, and
Lawyers Associated Worldwide to be Involved in International Business Matchmakin …
Cleveland, Ohio (July 31, 2006) – Lawyers Associated Worldwide (LAW), the international legal association of independent law firms, is pleased to announce its participation in the Swedish-American Entrepreneurial Days and its business matchmaking meetings, August 21-23, 2006, in Lidköping, Sweden. The event is organized by the Swedish-American Chambers of Commerce of the United States (SACC-USA). LAW representatives for the Entrepreneurial Days will include lawyers from member firms in Sweden,