News

CCL Vehicle Rentals, the nationwide accident management specialist, today announced it is reducing its payment terms from 28 days†. In future, it will guarantee to pay bodyshops within 10 days of receipt of invoice.

Austin Snelgrove, Director, CCL Vehicle Rentals explains: "We are conscious of the increasing pressures on bodyshops during this tough economic climate.  Not only are they struggling with the new PAS125 legislation, but the challenge of managing their cashflow is being exacerbated by even slower estimate approvals from insurers and increased terms for payment of invoices.  This is why we have decided to introduce our new reduced payment terms," he continued.