Specialist commercial vehicles
Specialists in Contract Hire and Fleet Management, our specialist team are experts in fuel delivery, car transportation, construction and utilities. We will work with you to fully understand your fleet and operational needs to tailor a contract hire solution that delivers value where you need it the most.
Specialist contract hire solutions
Our product offering is available as operating lease, fleet management and fixed cost repair and maintenance cover, typically over contract periods between 4 to 10 years optimised by asset type. We understand specialist assets and the servicing & maintenance required to ensure uptime is maximised. Our offering is built around specialist commercial vehicles and includes:
- Vehicles designed and built to your specification
- Build Management controlling multiple supply chain components
- Robust implementation plan including: process mapping and depot & supply chain integration
- National specialist maintenance network including ancillary equipment
- Preventative maintenance bespoke to specialist asset type
- All specialist regulatory compliance events covered under CBVH repair & maintenance agreement including ADR, SLP, PUWER and LOLER
- Central in-house fleet management team controlling all events
- Flexible end of contract options
Our specialist range includes:
- Fuel Delivery
- Non-Hazardous Liquid delivery
- Car Transporters
- Recovery & Salvage vehicles
- Dropside Cranes
- Tipper grabs
- IPVs & ISU
- Access Platforms
- Gritters
Leasing solutions for specialist commercial vehicles
What is contract hire?
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 48 to120 months and are tailored to your specific business requirements.
- 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.
What is operating lease?
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.
What is operating lease with service?
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.
What is sale and leaseback?
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.
Support services available
These optional support services can be bolted on to your agreement