Most fleet business was dealt with by Paragon Vehicle Contracts, which had a 3,000-vehicle contract hire fleet, but Pandya believes that merging the two companies brings benefits for fleet customers. 'Paragon Vehicle Contracts offered contract hire and dealt direct with the corporate market while Paragon Car Finance sold through the dealer market, with a network of about 1,200 dealers, and its customers were mainly private buyers. Contract hire is just another form of car finance and joining the two operations means we can offer different services right across the customer portfolio in one business.'
Paragon aims to double fleet business as divisions combine
22/06/1999 in NEWS