SYTNER Vehicle Contracts has won its first major financing deal worth £500,000 at showroom prices following its launch into the contract hire business at the beginning of the year. The Sytner Group, the prestige motor retailer, launched the contract hire operation in January in partnership with Capital Bank and headed by Mark Bennett as general manager, the former corporate sales manager for Pendragon Motor Group.

Sytner Vehicle Contracts has won the deal with Nottingham-based international transportation and logistics company the RH Group, to supply 34 Rover 200 and 400 models over three years/60,000 miles. The fleet has been supplied by the Sytner Group's Hatfield Rover of Nottingham dealership.