Long-term rental solution from Enterprise

Enterprise Rent-A-Car has launched a long-term vehicle rental product aimed at corporate customers.

Long-term rental has become increasingly popular amongst medium to large organisations as a way of creating scalability amongst their fleets, without the constraints and commitments of other vehicle supply methods, said Enterprise.

Particularly aimed at businesses requiring vans, Flex-E-Rent allows companies to rent vehicles from one day to three years with the flexibility to return at any time without penalty.

The vans can be liveried and racked according to customers’ specifications.

At a time when debt is expensive and harder to come by and organisations are looking to reduce gearing, long-term rental can help ensure a fleet remains off balance sheet, said Enterprise.

Moreover, it continues to offer the flexibility required by many companies to scale their businesses accordingly.

John Collins, sales director for Enterprise Flex-E-Rent, added: “A lot of companies are looking for ways to run fleets without being tied into long-term contracts or having to note the vehicles as liabilities on their balance sheets. With an increase in funding challenges, parts of the industry have been less equipped to meet that need in recent months. Talking to our own customers we’ve found that there remains a significant demand for flexible rental services to help them operate their own