Commercial vehicle specialists Asset Alliance Group has almost doubled its Asset Based Lending (ABL) facility to £145 million, after extending its existing funding as well as securing backing from two more banks. The Group first obtained a £75m revolving ABL deal in 2016, led by NatWest and supported by HSBC. It has now extended that […]
The UK’s leading bed specialist, Dreams, has updated its fleet with a £2.5 million order from Asset Alliance Group. The deal includes 25 curtainsiders, 25 box vans and three double deck trailers – all manufactured by Montracon and taking Dreams’ total fleet to 137 assets. Asset Alliance Group has been working with Dreams for more […]
Independent finance and leasing specialists Asset Alliance is expanding its vehicle stock with a £35 million order of more than 430 Mercedes-Benz trucks from City West Commercials. The major investment underlines Asset Alliance’s confidence in the market and strengthens the company’s position as one of the fastest growing finance and leasing businesses in the UK. […]
Asset Alliance has extended its traffic management offer by building its first 3.5 tonne Urban Crash Cushion demonstrator, designed to offer increased protection to roadworkers on slower carriageways. Crash tested to 43 mph, the Verdegro Light Truck Mounted Attenuator (LMTA) is fitted to an IVECO Daily 7-person crew-cab chassis and has an 830kg payload capacity. […]
The majority of UK fleets predict business will grow this year and next in spite of challenges including Brexit, new environmental legislation and driver shortages, according to exclusive new research published by Asset Alliance Group at the Commercial Vehicle Show. The in-depth Asset Alliance Group Industry Monitor (available on stand 3D79 at the CV Show […]
A ground-breaking industry report detailing the current health of the road transport sector will be launched by Asset Alliance Group at this year’s CV Show. The Asset Alliance Group Industry Monitor 2018 includes exclusive insight on business performance to date, how companies expect Brexit to impact their results and their biggest concerns for the future. […]
Freightliner’s trainee drivers will be swapping a truck simulator for the open road after specialist retailer ATE Truck & Trailer Sales converted a used tractor unit into a bespoke rigid training vehicle, at a fraction of the cost of a new truck. The MAN TGS 26.440, supplied by ATE Truck & Trailer Sales’ sister company […]
Asset Alliance Group has strengthened its ties with NV Transport after supplying the haulage company with four refrigerated Longer Semi-Trailers (LSTs) – believed to be the first of their kind to operate in southern England. The extra-long reefers have been provided on a seven-year full-service contract hire agreement and join the Chichester-based fruit and vegetable […]
Asset Alliance Group has appointed Grant Law as Marketing Director to help steer its portfolio of businesses that includes commercial vehicle sales, contract hire, rental and leasing, and general asset finance. Law brings an exceptional breadth of expertise and 30 years’ experience to the Group, having worked in senior marketing positions across a range of […]
Asset Alliance Group has sealed a £4 million deal to supply UK bathroom and kitchen experts PJH with 63 new Euro 6 trucks, as part of a major investment to modernise the business. PJH procured the vehicles, ranging from artics to light commercials, as part of an overall strategy to update all aspects of its […]
