In 1958, Budget was founded by Morris Mirkin in Los Angeles, USA as a rental car company for the "budget-minded" market.
Two years later, Budget Rent a Car was established through the implementation of corporate and licensee operations system. Since that time, Budget Rent a Car maintained its name by providing value for money in terms of quality service.
Today, Budget Rent a Car has grown to become the world's third largest car and van rental chain. Worldwide, Budget employs approximately 16,000 people and operates an average fleet of over 150,000 cars and vans from more than 3000 locations, including more than 800 airport locations, in over 120 countries and territories.
In November 2002, the Cendant Corporation acquired Budget's operations and franchised locations in the Americas, the Caribbean, Australia and New Zealand plus the rights to franchise and operates in Asia. Cendant operates or franchises Avis car rental locations in the same regions.
Under strong new ownerships, Budget continues to operate as a separate brand worldwide and was established in Lebanon in June 2006 by Kurban Group to offer the best car rental in Lebanon Experience. whether you wish to hire a car in Lebanon, rent a car in Beirut or rent in anyplace in Lebanon, Budget will be at your service. As a customer-driven company, Budget goal is to be the undisputed leader in car and van rental.