Customer: 6 Month Old Limited Company.
Requirement(s): They are looking for a mid range estate car for a new salesman .
Problem: They have approached several lenders who have not been able to help because the company has only been established for 6 months and does not have a credit history.
Solution: Yorkshire Fleet Management work closely with a range of funders to offer vehicle leasing solutions for new start companies. This often involves a higher level of deposit to take some offset some of the ‘risk’. In this case, the customer was required to pay nine monthly payments in advance, however they will pay nothing for the last 9 months of the contract. The customer was able to get the car that they wanted without having to pay a premium.
Ongoing relationship: Yorkshire Fleet keep in regular contact with the customer through their dedicated account manager and as the company’s fleet size grows and they build up a credit history, they will be able to keep their deposit to a minimum on future vehicles. Yorkshire Fleet will also contact them at set points approaching the renewal of each vehicle to arrange a replacement vehicle.