Northampton-based contract hire and fleet management company Specialist Fleet Services (SFS) has launched a new business.
Five Arrows Vehicle Finance (FAVF) will focus on the lease and hire purchase of commercial vehicles, in particular to the recovery sector.
Bob Sweetland, SFS managing director, said: “FAVF will complement our existing contract hire and leasing activities in the local authority and waste sectors and also the short term hire business of our CTS division.”
Greg Viviers, FAVF sales director, added: “There is a gap in the market for a new asset finance company that fully recognises the value of specialist equipment used in the recovery sector and others like it. We can offer an unrivalled service to businesses active in these areas.”