MV Commercial launches asset finance division
MV Commercial has launched an asset finance division to provide flexible funding packages for companies looking to invest in new trucks.
MV Asset Finance will underwrite sales of commercial vehicles supplied by MV Commercial through options, including variable rate, fixed rate and operating lease.
The new division will enable operators to maximise the benefits from changes to the Annual Investment Allowance announced in the last Budget, which increased in January from £200,000 to £1m a year.
Businesses investing in equipment are now able to claim 100% tax relief on their purchases to enable investment in new fleet equipment.
Steven Cairns, managing director of MV Commercial, said: “MV Asset Finance will make it easier for businesses to fund purchases of premium vehicles which offer the highest level of specification, providing for maximum driver satisfaction.
“The fact we’re prepared to underwrite and back the assets we build and supply is proof of our confidence in our product offering.”
Finance will be available on the complete range of equipment supplied by MV Commercial, ranging from crane trucks and tippers to recovery transporters and dropside trailers.
MV Commercial last year opened a new ‘super site’ in Airdrie, which includes a full design and body building facility.
New Actros fizzes into Irn-Bru fleet
The famous colours of Irn-Bru are to adorn nine new Mercedes-Benz Actros trucks after operated AG Barr turned to Western Commercial for its latest fleet order.
The order from the Cumbernauld-based company is for Actros 2543 models with 430hp engines and ClassicSpace cabs. They have all been specified with a Mercedes-Benz Safety Pack that includes Active Brake Assist 4 system as well as Proximity Control Assist.
AG Barr runs a 47 truck fleet, the majority of which are Mercedes-Benz with the new Actros being its only tractor units.
Transport manager Gary Campbell said: “We choose Mercedes-Benz trucks for their premium quality and reliability, and for the excellent back-up provided by the manufacturer’s strong, 24-hour UK Dealer network. The support we’ve received from the Western Commercial sales team, and particularly from its Truck Sales Executive Paul Mundie, has also been second-to-none.”
“Our policy previously has been to acquire pre-owned vehicles. But we have chosen new trucks on this occasion to ensure that we benefit from their state-of-the-art safety specification. The hugely impressive Active Brake Assist technology in particular, will make a major contribution to the protection not only of our drivers, but also of other road users,” he said.