Sale & Rentback - In an uncertain climate - it pays to be flexible
With the onset of economic uncertainty and liquidity issues caused by the credit crunch, selling your fleet to Northgate and renting it back contract free is a smart move for many businesses.
With our Sale and Rentback service, Northgate will purchase all or part of your existing fleet regardless of age, clearing the way to NORFLEX®, our contract-free flexible rental package. You'll release capital, move your vehicles off the balance sheet and free your business from the burden of vehicle ownership.
We'll replace any vehicles over a certain age and agree a replacement programme with you for the rest of your fleet. The versatility and flexibility of NORFLEX® allows you to adapt quickly as the needs of your business change, without the capital costs of replacing ageing vehicles. You'll remove any future potential residual value risk and avoid the constraints of being locked into a long-term contract hire agreement.
- Make your capital go further by unlocking the value from your existing fleet
- Manage uncertainty and remove the risks of ownership
- Create the right image for your business with a modern fleet of vehicles
Northgate can offer you a flexible way to manage your fleet saving you time, hassle and money!
See below for recent sale and rentback articles featured in Fleet News:
Case Studies
download Ian Williams Case Study
Further Information
