Freight companies can be particularly vulnerable to cash flow problems due to delayed client payments and high operational costs. Freight factoring offers the flexibility and fast turnaround that can ensure the smooth running of your company.
Delayed client payments and high operational costs can lead to cash flow problems for the freight industry. In the short term this can stifle a business's cash flow and in some cases mean they cannot fulfill orders.
As well as disrupting day to day activities it can also hinder long term strategic growth plans. Cash flow problems can affect the amount of orders you are able to commit to and restrict the opportunity to increase capacity due to having a lack of funding to purchase more vehicles.
Invoice financing allows you to release cash from unpaid invoices which may be on 30-90 day terms with your customer. This allows you to use this cash for the day to day operational costs that are a part of the haulage industry.
Both disclosed and un -disclosed facilities are available to ensure that you get the facility which best suits your business. We can even handle the credit control side of things for you, allowing you to focus on the more importantmatter of growing your business.
How to apply
Call us today on 0808 274 5092 to speak to one of our UK advisors about how an invoice finance facility could benefit your company. Alternatively fill in our 'Contact Us' form and we will get back to you as soon as possible.
For an informal discussion in regards to your cash flow needs please contact us on
0808 256 6442