This Southeast based haulier was experiencing cashflow challenges similar to many other companies operating across this sector. With expanding orders, the lack of available funding and drivers was a real concern to the director.

Subcontracting out jobs and undertaking the driving himself were options that he put into place, but these were far from ideal.

The solution was to increase the scope of his Operators Licence to facilitate more drivers but to secure this, the company needed to demonstrate the required amount of funding within its possession.

Following our introduction, we were able to provide a £250k invoice finance facility based on its £1.5m turnover which has enabled the director to secure a new and improved licence alongside the flexibility of a cashflow solution that will help fund the future growth of his business.