Fleet News

Santander backs Tusker with new funding facility

Fleet news logo

Tusker has been given further financial backing and support by Santander to help fund its expansion plans.

Santander Corporate and Commercial selected Tusker as a partner in providing funding for the contract hire and leasing market because of the growth of Tusker’s salary sacrifice car scheme, SS4C, and the potential it believes the product and the company have.

Tusker has now secured a multi-million pound funding line to assist with funding the planned expansion of its vehicle fleet.

David Brockwell (pictured), chief financial officer at Tusker said: “We’re delighted that Santander has supported us in our expansion and growth plans and that we’ve secured this financial support from them.”

Charles Johnson, relationship director, Large Corporate Group at Santander Corporate and Commercial, added: "Tusker is an excellent business that is exactly the sort of company we seek to do business with.

“It is a fast growth business that is performing successfully and we are delighted to have provided Tusker with this new funding facility to help further boost this growth,” he said.


Click here for fleet funding best practice and procurement insight

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee