Patons is relaunching its Fleetline Finance business to better meet the changing needs of private hire, chauffeur, taxi and fleet businesses.
Moving forward, Fleetline will be introducing a new asset finance and vehicle purchasing proposition that is designed to overcome some of the procurement challenges faced by companies operating within these sectors since the financial crisis.
“Over the past few years we have seen an increasing number of operators facing difficulties procuring and funding their fleets,” explained Gill Paton, Director of Patons.
“With this in mind, we have been using our longstanding experience supplying and financing vehicles to create a new range of industry-specific options designed to make fleet investment easier and more accessible.”
Fleetline’s team of experienced taxi and private hire underwriters will provide specialist finance packages including contract hire, leasing, short term rental as well as standard hire purchase.
By internally approving all finance agreements, the company aims to deliver streamlined solutions with an industry specific risk assessment.
“We are committed to developing tailored business solutions, finance and fleet services that meet the precise needs of our customers,” said Paton.
“By doing so, we are able to support the private hire, chauffeur, taxi and fleet sectors by helping operators expand their businesses and add value to their operations.”