TransLinc is able to offer its clients a Sale and Leaseback facility which allows them to realise the cash tied up in their fleet.

Backed by Royal Bank of Scotland and Lombard, TransLinc can purchase the fleet vehicles outright, releasing the capital held and giving the Local authority an cash injection, which can then be channeled back into delivering ‘front line’ services to the local community.

The vehicle fleet is leased back to the Local Authority at a fixed monthly charge, simplifying budgets and reducing the overall fleet administration and management costs. Maintenance is also supplied at a fixed monthly charge, covering all general repairs.

Sale and Leaseback removes the Local Authority from the risks associated with vehicle disposals, such as the challenge of finding a buyer and overcoming price fluctuations in the used vehicle market.

In circumstances where it is not possible or appropriate to offer and Sale and Leaseback for a vehicle, TransLinc is still able to offer some options. For any fleet vehicles not owned by the Local Authority we are able to offer a fixed price maintenance contract tailored to that vehicle, while older or ‘out of life’ vehicle can benefit from our ‘pay as you drive’ maintenance solution.