West Suffolk-based leasing company Genus Vehicle Solutions celebrates 15th anniversary

The team at Genus Vehicle Solutions, which is celebrating 15 years in business.

The team at Genus Vehicle Solutions, which is celebrating 15 years in business. - Credit: Archant

West Suffolk vehicle leasing specialist Genus Vehicle Solutions is celebrating 15 years in business.

The company, based at Risby, near Bury St Edmunds, was launched in 2001 by Alan Beckett and Tony Davis, offering both business and personal customers the option of leasing a new vehicle rather than buying one through a dealership.

The past two years has seen particularly strong growth in personal leasing, following changes in finance guidelines from the Financial Conduct Authority (FCA) which have enabled it to extend to individuals deals previously only available to businesses.

Mr Beckett said that, following initial expansion, the onset of the recession in 2008 had required the company to streamline in order to survive.

However, he added: “This only made us stronger and focus on customer service. When we came out of recession we had a great customer base to continue to build on.”

Mr Davis said: “Over the last two years we have seen a massive increase in personal leasing and to deal with this extra business we have strengthened our sales team with Peter Barker and our administration team with Jessica Ellis.”

To mark its 15 year milestone, Genus is offering a chance for one lucky person to win a track day experience. For details visit www.genusleasing.com/track-day-competition .