Managing Director of Lex Autolease, Tim Porter, said;

“In recent years we have made considerable investment in our products and services for companies of all sizes, from SME right through to megafleet. Businesses are increasingly seeing leasing as a viable alternative to purchasing vehicles outright, especially as the economic recovery takes hold and confidence improves.

“Reaching this milestone sets us firmly on track to achieve our five-year plan of adding 100,000 vehicles to the fleet by 2018. To achieve this ambitious target, we are continuing to develop our offering and educate businesses about the benefits of leasing with advice and consultancy.

“This reaffirms our commitment to Lloyds Banking Group’s strategy of helping Britain prosper.”

Operations Manager at Clece Care Services, Sunny Kapoor, said;

“This is a landmark time for Lex Autolease, and we are pleased to be a part of it.  As we are already a customer of Lloyds Bank it was the natural step for us to lease our vehicles from Lex Autolease, which provide essential transportation for our nursing staff as they travel to visit hospitals and patients.

“Having a reliable fleet of vehicles is crucial to the day-to-day operation of our business. We plan to add more vehicles to our fleet over the next 12 months with the help and advice of the consultancy team at Lex Autolease.”