Commercial vehicle finance funder Asset Alliance Group has delivered its 2000th commercial vehicle.
Asset Alliance supplies multi-brand assets on a combination of contract hire, operating leasing, finance lease, or hire purchase, using its own funds to buy and finance vehicles and trainers.
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Patterson established Asset Alliance in 2010, having formerly served as director of commercial finance at Alliance & Leicester. The group now includes Asset Alliance, and ATE Truck and Trailer Sales, Total Reefer, and Forest Asset Finance.
The 2000th asset was a Mercedes-Benz Actros 2548 tractor unit, delivered to 3G Transport, to be used to transport bananas from Southampton’s port to supermarkets across the country. To mark the milestone, Asset Alliance donated £2,000 (€2376) to the STV Children’ Appeal, a programme to fight child poverty in Scotland.
Patterson said: “I think what we have proved is that if a business is nimble enough to respond to customers’ needs and efficient enough to offer competitive rates there is a real chance to gain market share.”
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By GlobalData
