GLASGOW-based leasing business Fleet Alliance Group has seen the number of vehicles it manages grow from 25,000 to 37,000 in less than a year, valued at £1 billion.
These numbers give it significant scale in the leasing sector and would place it at number 12 in the FN50 table of leasing companies.
During the same period, the Group has arranged funding worth £160 million for around 8,000 new cars in the SME and fleet market.
The Group – which comprises Intelligent Car Leasing and Neva Consultants – says it can attribute the increase in business to its intensive and dedicated work with key partners.
Recent corporate fleet deals secured by the team include the provision of 550 vehicles for Cox Automotive, owner of Manheim Auctions, across its 16 sites in the UK.
Martin Brown, managing director of Fleet Alliance, said: “Our team is resolutely focused on key business goals and building positive partnerships.”
The Group is looking to increase its workforce by 50% during the next 18 months, and is negotiating a second office suite at Skypark, which will be used to house its growing team of technical and customer service staff, as it looks to achieve ambitious growth plans.
“We are planning for and expecting greater growth in the coming months. We don’t intend to stay still now,” Brown added.
Formed 17 years ago, the company’s growth has been underpinned by strong business and community ethics.
Since 2008, it has raised and donated more than £500,000 to local charities such as Maggie’s Centres, The Prince and Princess of Wales Hospice, Celtic FC Foundation and local foodbanks.