Specialist commercial vehicles

Contract hire allows you to take control of a vehicle for a fixed period without taking ownership of it. During the contract agreement we can also manage the maintenance of the vehicle for you, once the contract ends you return it to us. Contracts range from 12 to 84 months and are tailored to your specific business requirements.

Benefits of contract hire:

• Choose a comprehensive servicing, inspection, maintenance and repair programme for your vehicle, including replacement parts, breakdown support, repairs and maintenance, tyre husbandry and nationwide replacement vehicle service.
• Access to the vehicle intelligence including fleet management, online portals, telematics and 24/7 customer support.
• Fixed rentals throughout your contract hire enable you to budget accurately and smooth out your cash flow – so that you have no nasty surprises, particularly as your vehicles get older.
• Enables off balance sheet funding for most small and medium sized businesses, so you can release capital for use elsewhere. This means you can include 100% of the rentals in your P&L as a charge against gross profits, before corporation tax is levied.

An operating lease allows you to lease a vehicle but without the maintenance included.

It is a very popular way to fund your vehicle fleet with fixed monthly costs so you can budget accurately and control you own maintenance.

An operating lease with optional additional services allows you to lease a vehicle and select the fleet management services you require on a flexible pay as you go basis.

What are the benefits?

• An operating lease allows you finance your specialist commercial vehicle without taking residual value or disposal risk
• You only fund the capital less the residual value offering a cheaper rental
• Access to a fleet management team and network without the need to recruit or source expertise
• Menu based fleet management services means you can identify and fix specific areas of pain
• You retain control of the areas you have strong operating performance
• You can turn services on or off based on your needs

Operating lease with services is also a great supporting product for end users replacing fleet via contract hire model however wanting to move owned fleet under the same fleet management structure, we do this via our purchase and lease back offering.

Sale and leaseback can help you to release equity locked in your fleet and support you in the streamlining of your operational requirements.

We value and acquire your fleet at an agreed price, hiring it back to you at an agreed fee over a specific time period. You can also include additional services from our fleet management packages.

This release of equity back into your cash flow can support your commercial strategies to raise additional capital for other business requirements and growth, and can also help fund a broader fleet replacement programme.