Haulage Business Financing
More and more haulage companies are opting for our invoice finance facilities to fund long-term growth and to plug short-term deficits.
Our relationship managers understand how fortnightly fuel bills, weekly payroll and the cost of operators' licenses can all put a massive and
unwanted strain on cash flow: factoring and invoice discounting are both viable financial solutions that allow you to pay upfront costs, even
if you don't get paid until later. With bad debt protection, you can check the credit limits and protect your business from the risk of formal
insolvency of one of your customers.
Many haulage companies - big or small - operate outside of the UK and will have overseas customers to invoice; choose invoice finance, and there
is no risk of currency fluctuation, allowing you to mitigate the risk of negative exchange rate movements.
Security may be required. Product fees may apply.