AMT Group secures £2m Yorkshire Bank backing

AMT Group secures £2m Yorkshire Bank backing

Leeds-headquartered AMT Group is expanding its fleet of vehicles after securing £2m in funding from Yorkshire Bank.

The national vehicle rental business, established in 1995, is increasing its 1,100-strong UK-wide fleet, with 30 additional high-end vehicles, after securing a £2m asset finance package.

AMT employs 180 staff across its seven locations in Leeds, Livingston, Gatwick, Bristol, Nuneaton, London and the recently-opened its new Manchester rental facility.

The investment in its fleet is part of its ambitious expansion plans, including a doubling in fleet size over the next 24 months, and two further rental locations.

Neil McGawley, managing director of AMT Group, said: “We have the most diverse independently-owned fleet in the UK, and growing.

“This further backing from Yorkshire Bank will allow us to provide the quality of vehicle our customers expect, in a competitive marketplace.

“This investment in our fleet is particularly important as we look to increase our presence in the north west of England with the recent opening of our Manchester facility.”

AMT serves both the corporate and leisure markets, focussing on prestige and sports performance cars, electric and hybrid; plus people carriers, MPVs, double cabs and pick-ups. 

The group also has a leasing division offering a substantial short term leasing fleet comprising all types of cars and commercial vehicles.