23/09/2026
Representing Pace Van Hire on an industry stage. β¨
Our Director, Louis Verrico, recently joined the HSBC Equipment Finance customer panel at HSBC's Global Headquarters in Canary Wharf, alongside Rory Allen of RCM Rent and Tim Baker of PodGolf.
Louis shared his thoughts on the day:
"We discussed the changing demands facing our industries, AI and automation, the transition to electric vehicles, client experience and the importance of remaining adaptable during periods of disruption.
For Pace, one of the biggest changes has been the continued growth of our longer-term B2B offering. Customers are not simply hiring a van, they are buying flexibility, uptime and certainty. They want to expand or reduce their fleet without taking on all the costs and risks of ownership, while knowing that replacement vehicles and operational support are available when needed.
Asset finance is fundamental to making that possible. Having an agreed facility gives us the capacity to respond when opportunities arise, while remaining disciplined and investing against genuine customer demand rather than growing the fleet speculatively.
We also discussed what makes a strong finance relationship. Competitive pricing matters, but so do speed, honest communication, continuity and having people who genuinely understand the business. The best finance partners know where their customers are heading before the funding is required.
Thank you to Steve Sherratt and the wider HSBC Equipment Finance team for inviting me, and for giving customers the opportunity to speak openly about what works, what could improve and how lenders can support the next stage of business growth.
A really enjoyable and thought provoking afternoon."
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