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Alphabet Partner exceeds £100m leasing milestone in first year

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Gavin Davies of Alphabet with some of the Alphabet Partners team

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16 October 2015

BUSINESS mobility specialist Alphabet is celebrating the first anniversary of the launch of its dedicated small fleet leasing broker network Alphabet Partner with the news that it has already delivered over £100m in vehicle leasing to UK businesses in that first 12 months.

It reflects the success of Alphabet Partner in helping the industry and small-to-medium sized businesses (SMEs) understand the importance and value of a unique partnership between the funder, brokers and customers .

Since its launch at the end of September 2014, Alphabet Partner has delivered to customers a broad range of cars and commercial vehicles from all manufacturers, with Ford, Nissan and Mercedes-Benz accounting for 40% of these vehicles to date.

Alphabet’s broker channel is an exclusive network of almost 40 like-minded, well-established Partner businesses (with a combined average of 19 years trading) who 12 months ago had the unique opportunity to be part of and shape a modern vehicle finance network.

Led by Gavin Davies, head of Indirect at Alphabet, with a dedicated, growing team of experts, this exclusive channel focuses on the “Three R’s” – Renewals, Retention and Referrals – to successfully provide SMEs with access to Alphabet’s unparalleled suite of funding, fleet management and advanced mobility solutions.

Over the past year Alphabet Partner has gone from strength to strength, achieving a customer portfolio of over 5,500 vehicles within less than 12 months.

Since its launch at the end of September 2014, Alphabet Partner has delivered to customers a broad range of cars and commercial vehicles from all manufacturers, with Ford, Nissan and Mercedes-Benz accounting for 40% of these vehicles to date.

What may be surprising is the fact that the most expensive vehicle delivered by Alphabet Partner over the past 12 months was a Ferrari California.

With some Partners specialising in the electric vehicle (EV) market and Alphabet’s commitment to EVs with AlphaElectric, Alphabet Partner has proved attractive to those SMEs looking to switch on to the benefits of low emission vehicles – with 454 EVs delivered during the past 12 months, including six BMW i8 supercars.

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