Sema Lease
Sector
Vehicle Leasing
Programme Size
£35m
Programme Establishment
February 2014
Programme Type
Senior Secured
Sema is a leading UK car rental business that acquires large volumes of new vehicles from major manufactures at preferential prices and leases to a range of corporate and individual customers for periods of 6-24 months.
The initial £10 million programme was established in March 2014 to diversify Sema’s financing and improve its ability to negotiate terms with car manufacturers. The programme limit subsequently increased to £25 million in May 2016 and £35 million in March 2021 following continued growth of the business. Since inception of the programme, over 1,600 cars have been funded under the MTN programme.
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