LeasePlan’s latest survey has identified that 29% of business decision makers believe that their business setup is not favourable to leasing, while also confirming 32% are feeling overwhelmed by vehicle management administration.

The primary issue for SME leaders who are reluctant to lease is cost; 43% of business decision makers still believe it is too expensive. LeasePlan is targeting this group by addressing some of the other issue on their mind, like the 88% who feel overwhelmed by the amount of admin they need to do on a daily basis.

Matt Dyer, Managing Director of LeasePlan UK, commented:“It is surprising to see that such a high percentage of decision makers believe leasing is both too expensive and too time consuming for their business. These figures suggest people have developed a misconception of the fleet industry and the concept of leasing.

“Leasing offers a number of services to help businesses with everything from vehicle ordering, maintenance management, arranging insurance, mileage management and monitoring vehicle efficiency. It can also provide greater flexibility for businesses with regards to cash flow and budgeting. At LeasePlan, we cannot remove admin tasks completely, but we can reduce the time-draining tasks for business decision makers, which gives them more time to focus on the 10-40% business growth that so many of those surveyed are striving towards.”

“The growth of the SME segment, coupled with improving products and services and our reputation as the leader in business leasing, gives us great confidence that we can be the provider of choice for UK SMEs. Whilst competitive monthly rentals and ‘deals’ are important for SMEs, it is increasingly clear that overall cost management of a fleet, and reducing the related admin of running a fleet, is where people most want our help, giving business decision makers valuable time back to work on their business and ensure they get some headspace”.