Transport Business Loans
The growing focus on e-commerce in the UK and beyond has created brand-new opportunities for firms with a transport business to extend their reach and expand their current operations.
If your business has plans to gain from this shift in consumer activities, whether it is building up your fleet, hiring more employees or integrating modern software for improved supply chain management, at AJL Finance we can help. We specialise in helping you secure the capital you require to make moves with bespoke transport business loans.
What can transport business loans be used for?
Transport business loans for companies operating in the sector can be deployed to serve a wide range of requirements. Every business has different needs and unique goals it seeks to reach. Securing a transport business loan provides funds outside of the cashflow regularly required for everyday running of the business. As a result, enterprise owners have the finances they need to make moves that improve the effectiveness, productivity and profitability of their business.
Acquiring vehicles for your firm
Vehicles are the backbone of every transport business. However, regardless of how well vehicles are maintained, they all have an active service life. Funding can help firms secure new vehicles that improve their image. However, up-to-date vehicles will also perform better, reducing petrol costs and the expense of repairs and replacement parts.
If your fleet already includes modern vehicles, funding can also help your firm expand it to cover more ground and widen the number of vehicle types used, so that you can carry more people or goods.
Asset finance is a popular option to acquire new vehicles with multiple products to pick from. These include hire purchase (HP) and finance lease, as well as sale and leaseback options.