UK vehicle leasing and management company Inchcape Fleet Solutions
(IFS) has added Toyota Financial Services (TFS) to its funding
panel, the company has announced.
The independent leasing company – which has a fleet in excess of
53,000 cars and vans – funds its contract hire fleet through a
panel of different lenders.
It said that the addition of TFS was a “natural extension” of
the long-standing relationship the two companies have had for over
40 years, through IFS’s parent, international motor retailer
Inchcape plc.
IFS’s MD Terry Bartlett said: “With TFS joining our funding panel,
IFS is now better placed than ever to take advantage of the
increasing number of opportunities that are coming our way in the
current economic climate.”
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Doug Gillies, operations director for the UK arm of the Toyota
captive, added: “TFS is always looking for innovative ways in which
we can support our business partners moving forwards.”
“Joining the IFS funding panel is a natural extension of our
ongoing global relationship with Inchcape plc, and further
strengthens our relationship in the UK which covers retail, fleet
and wholesale funding facilities and the provision of services
therein.”
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