New HQ delivers perfect platform for growth

/0 Comments/in , /by

INDELEASE has moved into new headquarters as part of plans to build on major growth.

The company has more than doubled in size in just two years and director Oliver Smith says the switch to offices in Telford, Shropshire will create a strong platform for continued expansion.

He added: “We’ve grown tremendously over the last two years – both in terms of the volume of business written and in physical size.

“We’re building a strong reputation as trusted partners within the industry and demand for our services has never been stronger.

“Now we want to build on that momentum and the new headquarters will give us the perfect platform from which to do that.

“It’s a move which demonstrates our commitment to the future of the business and ensures we have the capacity for further growth.”

The Central Park offices – three times the size of the company’s former base in Shrewsbury – were formally opened by the Mayor of Telford, Councillor Rae Evans.

The occasion marked the start of a new chapter for Indelease, which provides contract hire, asset finance and fleet management for commercial vehicles.

Oliver added: “We’re hugely ambitious as a company but we’re being careful to retain the attributes that set us apart.

“We are much more relationship-based than most providers and like to embed ourselves in our customers’ operation.  The wide range of services we provide will often complement each other and there are distinct benefits to that.

“By negotiating independently with financial institutions, manufacturers and suppliers, we deliver bespoke solutions that deliver the most efficient and commercially appropriate solutions.”

Priden Hire trailer bulk blower

Growing manufacturer launches finance division after tie-up with Indelease

/0 Comments/in /by

A FAST-GROWING manufacturing company has become one of the first of its kind to launch a financial services arm for its truck and trailer divisions – thanks to Indelease.

Priden Engineering builds bespoke bodies, handling and discharge systems and aluminium components for all types of commercial vehicles.

Now the company has teamed up with our truck finance specialists to provide a package of white label funding solutions for its customers.

The launch of a dedicated finance section breaks new ground for Cambridgeshire-based Priden and operations director Kevin Walker is convinced it will deliver major advantages both to clients and the company.

He said: “Providing financial services is new for us. I believe we’re one of the first manufacturers to do so and it’s a great addition to the range of services we can provide.

“Finding the right contract hire or HP package can be a complicated and time-consuming business and that can be an issue for fleet managers or busy operators who don’t necessarily have the time to shop around.

“Priden Financial Services will offer bespoke funding options at point of sale and, by linking up with a company who are experts in the field, we’re confident of being able to secure the best deals possible for our clients.”

The collaboration with Indelease, which goes live for the first time this week, includes the provision of repair and maintenance packages and could soon extend to fleet management.

Mr Walker added: “We want to become a one-stop shop for customers with commercial vehicle requirements and this is a major step towards that goal.

“It enhances our overall proposition and reflects well on us as a company.

“Indelease has a vast amount of experience in this area and a wealth of first class contacts so, hopefully, our conversion rate will be quite high. But even if customers go away and compare our rates with other providers, then at least we’ve given them a valuable service.”

Kevin Walker-Priden Engineering

Priden, first established in 1988, now has an annual turnover of £13.5m and employs more than 100 across three factories at its six-acre site in Wisbech.

Contract hire experts Indelease specialise in providing a range of funding solutions for new or used vehicles and trailers.

Finance director Oliver Smith said: “There are unique advantages to each method of financing new assets and it’s crucial to fully explore the options.

“We have strong relationships with a vast number of financial institutions and are ideally placed to secure the most efficient and commercially appropriate solutions.

“We have an existing relationship with Priden, having worked with the company in the past, and I’m confident our collaboration can benefit their customers.”