Transport
A significant proportion of UK businesses rely on road haulage and distribution companies to deliver products to their customers. Despite increasing demand, margins remain tight due to increased fuel and maintenance costs, so cost control and cash flow remain crucial. The Public Service Vehicle (PSV) market faces similar cost challenges.
Our team of experts will work with you to structure the most appropriate financial solution, which may include seasonal payment profiles to match cash flow. This can help to meet the varying needs of businesses, from expanding a fleet to releasing working capital from existing assets.
Assets we'd typically lend against
Assets we'd typically lend against
Our team have experience in financing all assets within this industry, including but not limited to:
- Buses and coaches (PSVs)
- Cars
- Tankers
- Tippers
- Trailers
- Trucks (HGVs)
- Vans (LCVs)
Finance solutions at a glance
Hire Purchase
Ownership of asset
End of term
Title transfer
Fixed cost agreements
VAT paid with deposit
VAT paid with each payment
Rentals may be tax deductible
Interest only
Finance Lease
Ownership of asset
End of term
Extend or sale
Fixed cost agreements
VAT paid with deposit
VAT paid with each payment
Rentals may be tax deductible
Refinance
Ownership of asset
End of term
Title transfer
Fixed cost agreements
VAT paid with deposit
VAT paid with each payment
Rentals may be tax deductible
Interest only
Sale and HP Back
Ownership of asset
End of term
Title transfer
Fixed cost agreements
VAT paid with deposit
VAT paid with each payment
Rentals may be tax deductible
Interest only
The team are here to help
The team are here to help
Discuss your finance requirements with the team and see whether we can fund your next deal.