SEP Rail Services 2 rs
12 Aug 2020 / Asset Finance, Vehicle Finance

Time Finance Helps Drive Continued Growth at SEP Rail Services

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Time Finance are delighted to announce that they have supported Lancashire-based business, SEP Rail Services, expand their operations and secure new contracts. The new fleet of leased vehicles supplied by Time Finance will play an instrumental role in helping drive their business forward.

The firm which measures, models, and engineers the nation’s railways has built a strong reputation for the high quality, reliability, and flexibility of its services. SEP Rail Services proudly support their clients throughout the lifetime of their projects, with services including railway track and structure monitoring, site engineering, and ground investigation.

With much of their time spent on the road, travelling between sites to carry out essential surveying services, investing in a new fleet of vehicles was a vital part of their growth journey. Having already built a long-standing relationship with Time Finance through the wider SEP group, the business could depend on a quick and reliable supply of new vehicles. The fleet ranging from commercial vans to executive vehicles, will support employees across the entirety of the business.

Rikki Morrow, director at SEP Rail Services, commented: “As a business, we are passionate about building long-standing and strategic relationships that we can always rely on. We are delighted that we have been able to depend on Time Finance for a high level of service and quick turnaround with every order we make. The team have really taken the time to understand how our business operates and what our needs are. This makes all the difference in helping us to achieve our growth plans and make key investments with confidence. These fantastic new vehicles are a massive asset to the business and help our teams get out onto the road and support our expanding client base.”

Just 2.5 years after the business was set up, SEP Rail Services are now recognized as the fastest growing rail surveying company in the UK. Having started with just a handful of staff, the business has now grown to a workforce with over 40 full-time employees and report an annual turnover of approximately £3m.

Andrew Gosling, Head of Vehicles at Time Finance, added: “We are thrilled to continue supporting Rikki and the business as they continue to scale up and take on new contracts. In the short time the business has been trading, theirs is a fantastic success story and one we are proud to be a part of. We wish the best of luck to Rikki and his team and look forward to continuing to support the business for many more years to come.”