Eclipx Group
(ASX:ECX), one of Australia’s largest independent fleet leasing companies, has announced a $50 million transaction to support the increased uptake of low emissions vehicles.
The $50 million funding package will provide Eclipx’s corporate, government and not-for-profit fleet buyers with access to favourable loan interest rates when choosing low emissions passenger and light commercial vehicles.
Eclipx has over $1.7 billion of fleet assets under management or financed across Australia and New Zealand.
The company says this represents more than 10 per cent of the Australian-funded commercial vehicle leasing market.
The company floated on the ASX in April this year.
