Asset Alliance Group has been named Finance Provider of the Year for the second year running at the industry-renowned Commercial Motor Awards. Judges singled out the business, which has almost doubled its lending facility this year to £145 million, for “growing fast by understanding the needs of operators”. The Wolverhampton-based company, which has additional bases […]
Asset Alliance Group provides funding for a mix of vehicles for new logistics business
Asset Alliance Group’s flexibility in providing new and used trucks and trailers for sale and lease has played a crucial role in helping the launch of new chilled and ambient logistics provider Romac Logistics. The Group’s commercial vehicle funding division, Asset Alliance, supplied the Manchester-based company with 10 new Mercedes-Benz Actros 450 Big Space tractor […]
Asset Alliance DAFs deliver for JHP Transport joint fleet renewal deal
Lanark-based hauliers JHP Transport and Farm Field Fresh have expanded their joint fleet with five new DAF XF 460 tractor units, supplied by Asset Alliance on a three-year full-service contract hire deal. The five DAF trucks, which replace Mercedes-Benz Actros tractors previously provided by Asset Alliance, will primarily handle scheduled, long-distance temperature-controlled trunking work throughout […]
Asset Alliance on target with new contract as Bullet Express upgrades its fleet
Asset Alliance has secured a major new deal with Glasgow-based Bullet Express, supplying 12 new DAF 6×2 tractor units and 11 new trailers on a three-year, full-service contract hire agreement. The distribution and logistics provider awarded the business to Asset Alliance following a competitive tender, favouring the firm’s honest approach to customer service and swift […]
Asset Alliance wins first order from Scottish haulier Woody’s Express
Asset Alliance’s flexible approach to contract hire, excellent customer service and quick delivery times have been hailed by Scottish haulier Woody’s Express, following delivery of three new DAF 6×2 tractor units and five new Montracon tri-axle trailers on a three-year, full-service agreement. The Isle of Lewis-based firm found the rapid sourcing of replacement vehicles and […]
Asset Alliance Group gains a South East base with the acquisition of Hanbury Riverside
Asset Alliance Group has expanded its UK presence by acquiring highly regarded commercial vehicle specialists, Hanbury Riverside, based in West Thurrock. The deal, which includes vehicle assets worth £17 million, gives Asset Alliance Group its first depot in the South East of England, complementing existing bases in Wolverhampton, Hampshire and Scotland. Hanbury Riverside is one […]
Asset Alliance Group shifts up another gear by securing additional £70 million investment
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 […]
Asset Alliance Group springs in to action for top bed business
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 […]
Asset Alliance boosts its fleet offer with £35 million investment in Mercedes-Benz
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 builds ‘life-saving’ 3.5 tonne Urban Crash Cushion demonstrator
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. […]