Citygate Holdings has expanded its retail and business customer offering with the launch of Citygate Leasing, a new leasing business aimed at providing Personal Contract Hire (PCH) and Business Contract Hire (BCH) solutions.
With FCA approval secured, a dedicated team at Citygate Leasing is working with a panel of funding partners to deliver leasing solutions to both retail consumers and corporate clients. While covering mainland UK, the business has a particular focus on London and the Home Counties, areas closely associated with the Citygate brand.
Citygate Leasing has access to a large network of dealer groups for vehicle ordering and processing, offering multiple car and LCV brands. The company is also introducing a ‘Salary Sacrifice’ solution, enabling businesses to integrate EV leasing into staff rewards schemes. Initially, the business will provide new vehicles only but is exploring options to introduce secondary leasing of approved used stock through selected partners.
Greg Taylor, managing director at Citygate, 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.”
The new business, based at Citygate’s corporate HQ in Marlow, reinforces the group’s commitment to broadening its mobility solutions, ensuring flexibility for a growing base of customers seeking alternative vehicle financing options.