Industry Monitor 2024: The challenges are clear but our sector remains strong

Our annual Industry Monitor always provides some fascinating data into the current health of the transport sector and this year’s report, which was officially launched at Road Transport Expo last week, is certainly no different. The state-of-the nation survey, now into its sixth year, is completed by hundreds of senior executives and business leaders, offering […]

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Industry Challenges in the Commercial Vehicle Sector

The commercial vehicle sector is a crucial component of modern economies, providing the transportation backbone for goods and people. However, like any industry, it faces its share of challenges. Here are some challenges the sector faces and how we’re focusing on future-proofing our business at Asset Alliance. Rising fuel costs Fluctuating fuel prices have significantly […]

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Net Zero Trends in the Commercial Vehicle Sector

As a focus on climate change grows, many industries are making significant strides toward sustainable and environmentally friendly practices. One sector at the forefront of this transformation is the commercial vehicle industry. Here’s everything you need to know about the trends and developments driving the commercial sector toward achieving net-zero emissions as we move into […]

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Finance 101: How does contract hire work?

Three white trucks lined up on the road

Commercial vehicle contract hire is a type of vehicle financing that includes comprehensive maintenance, making it an excellent solution for business owners who want truck or HGV finance without the responsibility of servicing. When entering a contract hire agreement, you must pay fixed monthly payments for a set period, usually between two and four years. […]

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Financing 101: What is Contract Hire?

If you want to finance one or several vehicles, commercial vehicle contract hire is the perfect solution for business owners who want truck or HGV finance without the burden of managing maintenance and servicing costs, or trying to forecast future market values. In an increasingly competitive market, organisations are focused on streamlining costs in 2023. […]

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What is an operating lease?

Wondering how to finance your commercial vehicle assets? An operating lease is tailored to meet your specific needs with monthly payments over a pre-negotiated term, usually from two to seven years. With an operating lease, you have the use of an asset but no rights of ownership. You are responsible for all vehicle maintenance and […]

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Financing 101: How to finance your commercial vehicles in 2023

Whether a single trailer or a fleet of HGVs, there are several ways to finance a commercial vehicle investment without compromising your cash flow. The number of businesses investing in new equipment to improve efficiency, comply with legislation and meet demand is growing. According to the Finance and Leasing Association (FLA), asset finance new business […]

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