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Sale and Leaseback Interest on the Increase as Companies Seek to Raise Cash for Vital Growth Plans

With 2010 truly underway, the signs of an economic recovery are strong and optimism is growing.

And as many businesses seek to capitalise on the improving market conditions, a sale and leaseback of the vehicle fleet can be instrumental in raising funds to support that growth.

"A sale and leaseback is where we buy a fleet, or a portion of a fleet, from a customer and lease it straight back to them," explained Phil Elms, Sandicliffe Motor Contracts' National Sales Manager.

"The benefits are numerous, including raising cash through the sale of the vehicles to re-invest in your business, converting the fleet to contract hire with low fixed cost monthly repayments, and immediate access to other added value services."

“50 cars valued at £10,000 each can raise £1/2 million and the drivers never leave their vehicles."

For more information about sale and leaseback, please call Phil Elms on 01159 466 466 or email phil.elms@motorcontracts.co.uk