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MAN RENTAL - Export & Freight

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focus on finance<br />

Volvo Financial Services<br />

your flexible friend and business solution provider<br />

Unless you’re purchasing your new or used trucks outright, selecting a method of funding that<br />

meets your business’s needs is very important – that’s why Volvo Financial Services works<br />

closely with companies of all sizes to provide flexible truck financing and insurance solutions.<br />

This includes a free of charge<br />

critical appraisal of your<br />

insurance needs. In addition,<br />

Volvo Financial Service’s<br />

customers gain access to<br />

Volvo’s unique rates from AXA<br />

Insurance through broker,<br />

Bluefin. Special benefits are<br />

also available to users of Volvo<br />

Trucks’ ‘Fuelwatch’ and Driver<br />

Development programmes.<br />

One thing which is of major<br />

benefit to transport operators<br />

in Northern Ireland is that<br />

Volvo Financial Services are<br />

happy to work with Volvo<br />

customers in both good and<br />

bad times and their approach<br />

to credit underwriting risk<br />

has remained consistent<br />

throughout - something which<br />

should provide Volvo Financial<br />

Service’s customers with<br />

considerable peace of mind.<br />

Volvo Financial Services’ offer,<br />

which includes Hire Purchase,<br />

Operating Lease and Contract<br />

Hire, is an integral part of<br />

Volvo’s Total Offer. In addition<br />

to a variety of on- and offbalance<br />

sheet finance solutions,<br />

it also includes a comprehensive<br />

range of insurance solutions<br />

tailored to provide cover<br />

against many financial aspects<br />

of business risks and events.<br />

Whichever method of funding<br />

you decide to opt for, you can<br />

take reassurance from the fact<br />

that Volvo Financial Services<br />

understand not only finance,<br />

but also the truck business,<br />

and will work with you to<br />

provide a tailored solution that<br />

meets your specific needs.<br />

An increasing number<br />

of transport operators in<br />

Northern Ireland are choosing<br />

to utilise Volvo Financial<br />

Services to provide a tailored<br />

solution to their vehicle<br />

finance and insurance needs.<br />

In fact, the percentage of<br />

customers financing their<br />

vehicles through Volvo<br />

Financial Services increased<br />

significantly over the last year.<br />

In particular, the year-to-date<br />

figures for 2011 show that well<br />

in excess of half of vehicles<br />

registered by Volvo dealer<br />

Dennison Commercials Ltd<br />

of Ballyclare were financed<br />

through Volvo Financial Services.<br />

Rob Ireland, Sales Manager<br />

for Dennison Commercials<br />

said: “We have seen a steady<br />

increase in the number of<br />

customers choosing the<br />

flexibility of a contract hire<br />

arrangement. In the current<br />

economic climate - and with<br />

the ever-increasing threat of<br />

rising fuel costs - having a<br />

fixed monthly cost is proving<br />

to be a very attractive option<br />

for many operators.”<br />

A further advantage of a<br />

contract hire agreement<br />

is that all repair and<br />

maintenance work is covered<br />

within the monthly cost.<br />

Since Operator Licence<br />

legislation is coming into force<br />

in spring 2012 in the province,<br />

this puts a higher emphasis<br />

on vehicle maintenance for<br />

compliance, which now has<br />

greater relevance to Northern<br />

Irish operators than ever<br />

before. Volvo Financial Services’<br />

Contract Hire solution is there<br />

to provide help for the hardpressed<br />

transport operator<br />

as a single monthly invoice<br />

is provided which covers<br />

everything from financial<br />

services to service contracts.<br />

All this is just one of the<br />

flexible, tailored solutions Volvo<br />

Financial Services provides as<br />

part of a long-term partnership<br />

to help customers focus on<br />

running their business.<br />

54<br />

Finance 4pgs.indd 54 24/05/2011 14:32

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