The new division will offer business customers a full range of vehicles available on one to five-year contracts.

Customers can opt for any make and model and various flexible-funding options are available.

Vehicles can be delivered to any UK location and the funding options available include contract hire, personal contact purchase, hire purchase, finance lease and outright purchase.

The Jolly Good Vehicle Rentals business is operated from eight UK locations and Mark Hughes, group managing director of the Jolly Group, said he believes the new launch will provide customers wanting a longer term solution access to a competitive range of vehicles.

He explained: “Jolly Good Vehicle Leasing complements our daily rental business and will be a great asset for our retail and business customers wanting a flexible method of funding vehicles for a longer period.

“Customers can use the leasing website to source and book vehicles or there is a dedicated leasing team which can offer information and take bookings over the telephone.

“Leasing offers a great alternative to purchasing outright, customers can avoid vehicle depreciation costs and benefit from fixed monthly payments with a low initial deposit.”