Intelligent Car Leasing (ICL) has launched a new online van leasing division, IntelligentVanLeasing.com (IVL), to provide access to leasing deals for light commercial vehicle users.

ICL, which is headquartered in Glasgow, currently provides new car finance solutions for SMEs, medium-sized businesses and private buyers through a network of preferred funders.

The new van division will offer online contract hire, finance and business leasing solutions.

Marc Cooper, sales manager at IVL, said: ”We have witnessed a dramatic increase in personal contract hire in recent years which has been great news for us here at Intelligent Car Leasing.  

“This has now become a major online service that new car buyers use to acquire new cars and we have seen significant growth in the personal and small business leasing space.  

”However, we were increasingly being asked by business customers if we could provide light commercial vehicles at the same competitive rates as we provide new cars. It then seemed a logical extension of the business to establish our new Intelligent Van Leasing division.”

ICL is owned by the same shareholders behind the leasing and fleet management specialist Fleet Alliance, which has more than 26,000 vehicles under management, although it is operated completely separately.