Fleet News

Banking giant teams up with independent fleet management provider

Santander Corporate Banking and Zenith Provecta have launched a new fleet funding and fleet management proposition.

Under the new agreement, Santander will provide the funding of the fleet, with Zenith Provecta providing all other aspects of a fully-integrated fleet solution.

The new partnership will allow Santander to provide its corporate customers with a funded fleet proposition coupled with a high-quality fleet management solution.

The dual branded fleet proposition will target car and light commercial vehicle fleets enabling Santander to provide a key service for many of its corporate customers and Zenith Provecta to continue to grow.

Customers will be offered a full range of funding solutions.

Mike Oxby, director of asset finance at Santander Corporate Banking said: “We are delighted to be partnering with Zenith Provecta in this exciting new proposition. Santander aims to build long-term relationships with corporate and commercial customers by providing a full banking service and this agreement will enable us to achieve this.”

Andrew Cope, chief executive officer at Zenith Provecta added: “This strategic partnership will see two businesses with shared values and ambitions doing what they do best – Santander offering a funding proposition to its customers and Zenith Provecta providing high quality fleet management solutions.”

Read more about this deal and what it means in the next issue of Fleet News, which will be available from May 27.

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