Transport and Haulage Finance

Hire purchase and finance lease are the standard structures for HGV funding. Monthly payments are spread across the working life of the vehicle - typically 3 to 7 years - with the option to take ownership at the end (HP) or return the asset (finance lease). We arrange funding for single vehicles from £25,000 to entire fleet renewals at £5m+, with same-day decisions on most applications. New and used vehicles considered; age and mileage limits vary by lender.

Many haulage businesses have accumulated multiple finance agreements over time - different lenders, different rates, different end dates - which creates administrative complexity and often sub-optimal overall costs. Refinancing consolidates existing agreements onto a single facility, typically with a lower blended monthly payment and a single renewal date to manage.

Haulage businesses are almost always B2B and carry 30-90 day payment terms. Invoice finance - either factoring or confidential discounting - releases cash against raised invoices typically within 24 hours of delivery, eliminating the gap between service delivery and payment receipt. For a haulier turning over £500,000 per year with 45-day terms, invoice finance can release £50,000-£70,000 of working capital that would otherwise be tied up in the debtor book.

Refrigerated trailers, curtainsiders, flatbeds, tankers, crane lorries, and specialist logistics equipment can all be financed through asset finance. We also arrange funding for ancillary equipment - tail lifts, telematics systems, hand pallet trucks, forklift trucks, and loading dock equipment.

A short-term working capital loan provides a cash buffer against fuel price spikes, unexpected maintenance costs, or gaps between contract start and first invoice. Unsecured facilities available from £25,000 to £250,000 for qualifying businesses, with funds typically available within 48-72 hours.