RENAULT has launched a new bespoke funding product through its finance wing for UK fleet buyers. It already offers funding for fleet deals across Europe, including the UK, through Overlease.

But as Overlease also offers fleet finance to customers buying other brands, Renault wanted a specific finance product to avoid confusion in the market. Its new product is called Renault Business Finance.

Renault Financial Services managing director Thierry Hebert said: 'In the UK we felt that a clearly identified Renault funding product was necessary in order to ensure that our customers understood what Renault was offering.'