ARI Fleet UK is continuing to drive the launch of its new funding solutions with the creation of a new business development manager role to help fleets implement the schemes.

ARI says its funding solutions bring a new approach to finance lease, helped by its “exceptionally accurate” WLC data

Launched earlier this spring, the new finance lease solutions for cars and vans enable customers to source vehicles with no mileage limits, or end-of-life damage charges, and are intended to provide fleets with increased transparency and cost control, disrupting the current practices within the sector.

Building on the launch of the schemes, Gareth Hanvey has joined ARI Fleet UK in the newly-created position of business development manager, fleet leasing, and will consult with customers on the solutions. This includes developing a service for operators to have bespoke fleet management packages and terms drawn up for them, drawing on ARI’s whole-life cost reporting, which is described by the firm as “exceptionally accurate”.

Hanvey, who has more than 15 years’ experience in the vehicle leasing and acquisition sector, said: “It’s very exciting to come to ARI, because the innovative funding solutions it offers are genuinely new and disruptive, and ARI works collaboratively and closely with its customers, rather than offering simple one-size-fits-all deals.

“Finance lease as a funding solution is not new, but ARI’s application of it is. We are using incredibly accurate reporting technology and ‘marginal gain’ insights to create bespoke packages for every business, as well as allowing them to see and understand in real time all their costs throughout the lifecycle of the vehicles.

“By studying our customers’ business plans and working structures, and matching the support and vehicles they need to those, we can build tailored leasing packages that suit every customer.”

Hanvey’s appointment is part of a concerted growth strategy to move further into the funding sector by ARI.

Rory Mackinnon, head of asset funding at ARI Fleet UK, continued: “Bringing Gareth into the team illustrates our commitment to developing a consultative, customer-focused funding solution that is market-leading and challenges the status quo.

“Customers can see how this funding solution will benefit their business from the outset, rather than with contract hire, which has regular monthly rentals but then many unseen cost variables at play, often at the back-end. With our approach, customers can maximise their return, minimise any associated risks in-life and retain all the rewards at defleet time, and Gareth will be at the forefront of putting these programmes together.”