Contract Hire
If you want to reduce costs, avoid risks and diminish administrative workloads, then Lombard's fleet funding and management options can be tailored to meet your needs and requirements. Lombard's buying power is passed on to you to give you cost effective funding and service solutions.
Who do we provide solutions to?
Whatever your fleet size, Lombard can provide a solution to meet your precise needs.
What vehicles do we provide solutions for?
Cars and light commercial vehicles of virtually every make and model.
Fleet funding and management solutions
Contract Hire
The solution for companies who want to concentrate on important business activities and avoid the financial risk and administrative burden of owning their vehicle fleet.
- Fixed rentals for the whole package making budget planning easier.
- Flexible terms to meet your requirements, variable duration and mileage terms.
- Maintenance of vehicles can be included in monthly rentals, spreading the cost.
- Removes depreciating assets from the balance sheet.
- Removes the associated risks of owning the vehicles.
- 50% VAT reclaimable on the finance element of agreement, 100% on the maintenance element - applicable if vehicle used for business and private use.
- 100% of the VAT is recoverable on both the finance and maintenance elements of the agreement - applicable if vehicle is used solely for business purposes.
- Flexible invoice arrangements to reduce administration.
Contract Purchase
The solution for companies who want to own their vehicles but want to avoid the risk of depreciating assets
- Similar benefits to contract hire regarding fixed payments and flexible terms.
- Maintenance and added value services can be included if required.
- Lombard will guarantee the resale value of the vehicle at the end of the contract purchase agreement for a known, fixed amount.
- Ownership passes to the customer at the end of the agreement when all payments have been made.
Sale & Lease Back
The solution for companies who want to release the capital tied up in existing fleets straight into company reserves and remove company vehicles from the balance sheet.
Lombard can purchase your existing fleet, dependent on the book value and specific requirements, and lease or contract hire them back to you for the remainder of an agreed term.
- Vehicles purchased for cash by Lombard in a simple paper transaction.
- Cash injection into other projects allowing improvements on various gearing ratios.
- Removal of vehicles from the balance sheet.
- New for Old - clients can benefit from our disposal routes to release the cash value of those vehicles and replace them with new vehicles under contract hire from Lombard.
- All the benefits of contract hire.
Value Added Services
Our people
A fast and efficient service through a dedicated customer services department.
A designated consultant who can advise on market developments to ensure we meet your needs and requirements. We will ensure you get continuity while dealing with us.
Our services
A portfolio of full management information including reports based on your specific needs.
Monthly rental quotes including any special offers from manufacturers.
Support on variations of agreement , extensions to agreements, P11D information.
Service Solutions
Service Solutions will save you time and hassle. A single phone number gives you and your drivers direct access to a range of services 24 hours a day, 365 days a year:
- Service and maintenance booking.
- Tyre replacement.
- Glass replacement.
- Accident management.
- Foreign travel.
- Daily rental.
- Replacement vehicles.
- Helpdesk facility - driver support for all eventualities.
Daily Rental
Lombard can offer you efficient and cost effective short-term rental.
Instant access to over 30,000 vehicles ranging from small , executive and luxury cars to people carriers and vans.
- A network of over 100 branches throughout the UK.
- Collection or/and delivery of your place of work or home.
- No additional credit checks.
Lombard fuel card
- Reduces claims and payment administration.
- Nationwide fuel network covering over 12,500 service stations.
- Helps control unauthorised expenditure.
- Comprehensive management reporting.
- Product restrictions selected by you - added built in security.
- A single invoice VAT approved - an essential tool for cutting administration.
- Flexible billing arrangements.
- Dedicated fuel team and phone line.
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