BRIDLE Vehicle Leasing made substantial progress in the annual FN50 table of leasing companies, moving to position 43 in the leasing league table chart.
Bridle Vehicle Leasing – part of the Bridle Group which includes a collection of 14 leasing brokers – has been running its own funded book since 2017.
It first entered the FN50 leasing table in 2017 with a booked fleet of 498 vehicles; in 2018 the company’s leased fleet had grown to 1786; and in this year’s FN50 it has grown again to 1849.
“Despite a declining market, we saw substantial growth in our leased book,” commented Alan Carreras, managing director of Bridle Vehicle Leasing.
“We saw a very strong performance in both the education sector as well as the corporate managed fleet sector.”
Carreras said that Bridle Vehicle Leasing was planning for continued growth in both these sectors thanks to new fleet management products that were shortly coming to the market.
These include Pay As You Go (PAYG) and self-service products. Carreras added that the Bridle Vehicle Leasing fleet management app was currently with both Apple and Google to gain for approval for the appropriate mobile operating systems (pictured below).
Ralph Morton is the leading journalist in the leasing broker sector and editor of Broker News, the website which provides information and news for BVRLA-registered leasing brokers. He also writes extensively on the fleet and leasing market in both the UK and Europe.
