Cambridge-share based manufacturer Priden Engineering has partnered with Indelease to provide finance for its trucks and trailers.
The company was founded in 1988, and builds bodies, handling and discharge systems and aluminium components for commercial vehicles.
Kevin Walker, operations director at Priden said: “Providing financial services is new for us. I believe we’re one of the first manufacturers to do so and it’s a great addition to the range of services we can provide.”
The company has a workforce of 100 people spread across three factories at a six acre site in Wisbech. The Indelease deal will include repair and maintenance projects, with the group stating that fleet management services may feature in future.
Oliver Smith, finance director at Indelease, said: “We have strong relationships with a vast number of financial institutions and are ideally placed to secure the most efficient and commercially appropriate solutions.
“We have an existing relationship with Priden, having worked with the company in the past, and I’m confident our collaboration can benefit their customers.”