Fleet News

Sale and leaseback interest gathers momentum

Lombard has reported an increase in sale-and-leaseback deals of over 50% in 2008.

Rob Bailey, head of Lombard Vehicle Management said: “Sale-and-leaseback deals in particular are likely to continue growing in number in the current environment in order to release cash and provide financial certainty.”

Its latest sale-and-leaseback customer is Luminar Group Holdings.

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