Dawsongroup Finance has secured a major leasing contract worth £15m to supply delivery trucks and trailers for an unnamed supermarket chain, enabling the firm’s expansion of delivery capacity over the festive period.
Through securing the contract, the asset finance firm will support logistics and material handling companies to temporarily expand their fleets, in preparation of an unprecedented surge in Christmas shopping.
Commercial director of Dawsongroup Finance, Kevin Wills, explained the importance of supporting the firm in the run-up to Christmas, which is expected to see unprecedented demand for eCommerce delivering and material handling:
“After a turbulent year, this Christmas trading period is more important than ever for businesses. We want people to get in touch with us now to discuss the options we have available to help them be prepared, whether that is just with a temporary uplift in their delivery capacity or longer-term improvements to their logistics chain,”
“It might be new trucks, cold stores, or the latest material handling technology to ensure their warehouses keep running at optimum capacity – we can help businesses get what they need, and guide them through a range of innovative financing options and approaches which they may not otherwise have considered.”
Dawsongroup Finance provides support to businesses through asset finance solutions. This enables firms to respond to changing demands whilst maintaining the necessary business capital during economic uncertainty.
Consequently, 2020 has been a busy year for the asset finance firm, which has recorded impressive financial results, with some sectors registering growth of 15% when compared with 2019.
According to a statement from the firm, its success is attributable to the number of businesses investing in their recovery and growing their fleet without risking large capital. This year the firm has also doubled its headcount and launched a new website.
Wills finished: “The work we’ve done this year, and the support we’ve been able to offer businesses big and small, is testament to the quality of what we do. We are proud to come through for businesses in the UK, and give them the finance options they need to weather tough times and ensure their businesses are ready to embrace the opportunities they need to thrive.”