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RAC and Lex to offer SME leasing service

Date: 24 July 2015   |   Author: Daniel Puddicombe

The RAC and Lex Autolease have partnered to offer small to medium-sized businesses a new vehicle leasing service.

RAC's Business Club customers will have the option to lease vehicles through a vehicle management portal developed by the motoring organisation, offering new cars and vans through Lex.

The firms claimed the tie-up is the first white-label leasing arrangement in the UK.

Business Club members will also benefit from complementary fleet services provided through the platform, including RAC Telematics, RAC Fuel Cards and accident management services.

"We have developed a powerful proposition with Lex Autolease which will provide SMEs with the best option for leasing fleet vehicles," said Jenny Powley, sales director corporate at RAC Business. "As a business the RAC leases all its vehicles, cars and patrol vans so it was a natural step to give our Business Club customers access to the level of service and economies of scale that we enjoy with Lex Autolease."