Personal contract hire and small business leasing
specialist, Intelligent Car Leasing (ICL), has launched a new online van
leasing division, IntelligentVanLeasing.com
(IVL), to provide access to leasing deals for light commercial vehicle users.
ICL, which is headquartered in Glasgow, currently
provides new car finance solutions for private customers, SMEs and medium-sized
businesses through a network of preferred funders.
The company has now decided to expand into the van market
following its success in the new car arena, employing the same online business
The new van division will be aimed at one-man-band
operators and small businesses up to medium sized fleets, offering online
contract hire, finance and business leasing solutions.
It is owned by the same shareholders behind leasing and
fleet management specialist, Fleet Alliance, which has more than 26,000
vehicles under management, although it is operated completely separately.
IVL sales manager Marc Cooper said: “We have witnessed a
dramatic increase in personal contract hire in recent years which has been
great news for us here at Intelligent Car Leasing.
“This has now become a major online service that new car
buyers use to acquire new cars and we have seen significant growth in the
personal and small business leasing space.
“However, we were increasingly being asked by business
customers if we could provide light commercial vehicles at the same competitive
rates as we provide new cars. It then seemed a logical extension of the
business to establish our new Intelligent Van Leasing division.”
Mr Cooper said that a key factor in the expanding
personal and small business contract hire and leasing market had been the
development of online web-based products and solutions, such that a growing
percentage of buyers now preferred the ease of transacting electronically.
He said: “To be able to meet this new kind of market
demand, we have needed to have a very strong web presence as so much personal
and small business leasing these days is conducted online.
“Today, buyers tend to have carried out much of their
research beforehand online, and expect to be able to trade online as well. Key
drivers are keen and competitive pricing and high service levels, which is
exactly what we provide them.
new van trading arm will employ exactly the same business disciplines and
approach to provide a ready access to the many excellent vans currently
available and the new launches to come during 2018.”