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WB Powersource the independent battery supply service

and Maintenance Company has launched a new offering to its customers. The company is offering a sale and lease back facility to any owner of battery power packs. The company will buy and rent back all or part of a battery fleet at a fixed five year price. Simon Jones the Company's Marketing Director explained ” this approach gives customers, large or small, an opportunity to get assets of the balance sheet, raise capital at a difficult time and secure a fixed price for their battery supply and support going forward”. WB Powersource guarantees that if any battery reaches its end-of-life during the hire term it will supply a replacement at no cost and with no adjustment to the rental for the battery to be replaced. This option gives the customer the opportunity to fix its costs for all replacements while retaining the flexibility to off-hire on 90 days notice after the first 12 months.

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