ZENITH’S consumer brand ZenAuto is enlarging its product portfolio with a business contract hire (BCH) proposition for SMEs.
It comes as the personal leasing market continues to only show slow signs of recovery while BCH is surging ahead on the back of business demand for EVs. Such demand saw the BVRLA leasing car fleet increase by 1.8% YOY.
ZenAuto says small business customers can set up their contract and order cars all online.
Tim Buchan, CEO at Zenith, said: “As a business, we’re continually exploring innovative new ways to support customers with their mobility. As an established name in fleet leasing, personal contract hire and salary sacrifice schemes, small business contract hire is a natural extension to our offering and one which we think will resonate with a growing market sector.
“This new proposition provides companies, typically with less than 10 employees, the opportunity to make the transition to battery electric vehicles, taking advantage of the benefit-in-kind rates as well as the flexibility to build a lease that meets the needs of their business, now and as they grow.”
Broker News Newsletter 30 April 2024
Catch up on the latest leasing broker news in the 30 April 2024 Broker News newsletter
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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.
