Lex Autolease, the fleet arm of Lloyds Bank, will provide more than 1,100 cars and commercial vehicles to IT infrastructure services supplier Computacenter over the next five years.
The vehicles will be provided as part of the renewal of an agreement between the two companies, which will take their partnership into its second decade.
The vehicles form the flagship part of the Hertfordshire-based IT business’ benefits package for its 4,000 staff located across the UK.
Lex Autolease provides the firm with a blended scheme of contract hire and employee car ownership to reduce costs and ensure financial neutrality to employees. This approach is set to deliver the business annual savings of £500,000 (639,000), meaning £2.5m over the next five years.