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.


Expanding capacity

As well as increasing your capacity in terms of vehicles, transport business loans can also help you grow your operation in terms of people and premises. Finance can help you hire more employees like office staff and additional drivers covering the cost of recruitment and salaries. It can also help you secure new depots and garages to store your expanded fleet or warehouse and logistics hubs for goods that you transport.


Improving processes

Transport business loans can help you enhance how you operate. This may involve buying brand-new equipment designed to improve efficiency in your back-office processes. Loans can cover the expense of modern IT solutions including computers, servers and phone systems that help your team operate more productively. They can also pay for installing software solutions that automate business process, helping your business scale up while saving money.


Managing cashflow

As well as increasing your capacity in terms of vehicles, transport business loans can also help you grow your operation in terms of people and premises. Finance can help you hire more employees like office staff and additional drivers covering the cost of recruitment and salaries. It can also help you secure new depots and garages to store your expanded fleet or warehouse and logistics hubs for goods that you transport.


Business sectors that gain from transport loans

We are proud to have helped many different transport enterprises to access the capital they need. A diverse range of businesses can benefit from a transport business loan in a wide variety of different fields. These include freight carriers and logistics specialists, aviation companies, coach and bus firms, couriers, port and maritime operators and warehouse and distribution businesses, to name but a few.


Do you need a fast decision on transport business loans?

If you’re a small- to medium-sized business operating a transport business needing quick access to finance solutions, at AJL Finance we offer a decision on loans within 48 hours and businesses can borrow thousands to meet their needs, providing they pass eligibility checks.