LEX has published a new guide to make companies more aware of how quickly it can take over responsibility for running a fleet.

Aimed at any size of fleet that is currently purchasing vehicles outright on hire purchase, the sale and leaseback guide takes companies through the process of how sale and leaseback works in detail.

'The reason we published the guide was to make more fleets aware of the benefits of this arrangement and just how quickly we can seamlessly take over responsibility for their fleet.

'One recent example saw us visit a company, value their vehicles and then send them a cheque in just under three weeks. They are now benefiting from more money in the bank and the fixed cost motoring that contract hire provides,' said Jon Walden, Lex managing director.

  • For more information on the guide contact Lex on its website: www.lvl.co.uk