Citygate Holdings has diversified its retail and business customer proposition with a dedicated new leasing division.
Citygate Leasing is Financial Conduct Authority (FCA) approved and has its own dedicated team that is working with a panel of funding partners to offer Personal Contract Hire (PCH) to retail consumers and Business Contract Hire (BCH) to organisations.
Although Citygate Leasing will cover mainland UK, there is a particular focus on acquiring new corporate customers across London and the Home Counties, areas which are synonymous with the Citygate brand.
Citygate Leasing will leverage its network of dealer groups for vehicle ordering and processing and will be offering multiple car and van brands, as well as a ‘salary sacrifice’
solution for businesses who are considering the benefits of EV leasing, as part of a wider staff rewards scheme.
Initially, the business will deliver new vehicles only but is exploring options with selected partners to introduce secondary leasing of approved used stock.
Greg Taylor, Citygate managing director, said: “Leasing has become an increasingly popular choice for consumers looking for cost-effective and convenient vehicle and maintenance solutions, so the launch of our new leasing business aims to ensure that Citygate continues to offer the breadth of products and services which meet the needs of both retail and corporate customers.”
