THE former managing director of Nissan Finance has teamed up with an ex-senior Hertz Leasing employee to launch a new leasing and finance company.

Driven Leasing & Finance, the brainchild of Bill Honeyball, formerly of Nissan Finance and BMW Finance, and Simon Mills, formerly of Hertz Leasing and Ford Credit, will focus on three areas: hire purchase and PCP dealer referred business, the sub-25 vehicle fleet sector for leasing and the courtesy car market.

Honeyball is managing director of the new company, with Mills as director of sales and operations. Board members include Chris Schwick, Ron Young and Peter Scott.