[9] In 2000, HSBC Rail leased its first rolling stock outside of the United Kingdom via a financing arrangement on two EMD JT42CWRs for Swedish freight operator TGOJ Trafik.

[10] However, during 2009, the company ultimately opted to entirely withdraw from the European market; to this end, it sold its fleet of twenty EMD JT42CWR locomotives to Beacon Rail.

[12] This contract was also the first ever British order for a Japanese train; Hitachi reportedly viewed the deal as a key opportunity to establish itself in the UK market.

[13][14] HSBC Rail also involved itself in a consortium providing maintenance services, referred to as 'DEPCO', to the fleet; other members were Fitzpatrick Contractors Ltd (construction), RPS Burks Green (architects/civil engineers), EMCOR UK (mechanical and electrical plant) and GrantRail (trackwork).

[19] During the early 2010s, in response to the Intercity Express Programme led by Britain's Department for Transport, Eversholt issued its own counter-proposal for the renewal of rolling stock on the East Coast Main Line.

[citation needed] This option, which would have reportedly consisted of new locomotives and carriages, was to be considerably cheaper than the Class 800, a Hitachi-built high speed multiple unit train.

Its fleet of Class 321 electric multiple units has been subject to numerous extensive alterations and retrofits; in December 2013, it rebuilt one as a demonstrator for a proposed upgrade.

[28] While responsibility for the Class 365 EMUs was transferred to Eversholt during the privatisation process,[2] due to the British Railways Board having leased rather than purchased these units, via a clause in the original procurement contract, ownership of the remaining 40 sets passed to the Department for Transport subsidiary Train Fleet (2019) Limited in July 2019,[29] after it was obliged to pay out the leases to the Royal Bank of Scotland in the event that the trains were not wanted.