The firm, which is a leasing broker member of the BVRLA, funded some £48m of vehicle transactions throughout its latest financial year and now recruiting 10 more full-time staff.

Marcus Kelly, head trainer at First Vehicle Leasing, said: “Following the achievement of record growth figures, we are investing significantly in our sales resource to capitalise on the market opportunity to achieve further high growth over the years ahead.

“We are confident that the vehicle leasing market is sufficiently robust to enable us to commit further resources to increasing our capability to handle the flow of enquiries coming through to help manage a marked rise in demand for our services.

“The last year has seen us enhance processes and introduce a CRM system to enhance customer services in response to new compliance rules and regulations in the car leasing sector and now we are kick-starting a recruitment programme to increase our capability to handle the flow of enquiries coming through to manage the rise in demand.”